Lexington, Ky. – Consolo, a software company specializing in the hospice and palliative care industry, is increasing its presence in Lexington. The company is investing $730,000 into its current location and creating 30 jobs.
The expansion of the Consolo office off Wellington Way near Fayette Mall will help the company reach a greater customer base across the country.
“Consolo’s customer base includes agencies ranging from 10 patients all the way up to 3,000 patients in over 45 states and growing, and this demand is increasing our need to expand,” said Greg Kite, CEO for Consolo Services Group.
“We evaluated numerous sites and chose Lexington as the best location for this expansion,” added David Cruse, chief operating officer for Consolo Services Group. “We appreciate the hard work of Commerce Lexington and local and state officials who helped us through the process.”
Consolo’s programs allow for record-keeping, management and administration from patients’ homes and other care facilities. Since 2004, Consolo has grown from three employees to currently more than 55 nationwide.
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved the company for tax incentives up to $400,000 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.