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Aperture Credentialing expanding Louisville operations

Health care business will grow by at least 30 jobs

FRANKFORT, Ky. (Nov. 5, 2014) — Gov. Steve Beshear and Louisville Mayor Greg Fischer today announced Aperture Credentialing will expand its business in Louisville.

Downtown LouisvilleAperture, a health care verification company, currently has 58 employees and estimates it will grow by at least 30 jobs in the next few years.

“The expansion and commitment to Louisville by this leading firm is further evidence that our local economy and quality of life are strong and attractive to business,” Fischer said. “Aperture is a great fit for our city because it benefits from two of our strong and focused business sectors — business services and lifelong wellness and aging care.”

Aperture Credentialing, originally spun out of Humana, then a part of United Health Group and now a private and independent company, verifies the credentials of health care professionals and facilities for health insurance carriers, health care provider organizations and other industry stakeholders. The company was recently acquired by a Chicago-based investment group.

To encourage the investment and job growth in Louisville, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved the company for tax incentives of up to $600,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.

KEDFA also approved the company for tax benefits up to $60,000 through the Kentucky Enterprise Initiative Act, which allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing equipment.