Another health care company is moving its main operations to Kentucky. Gov. Steve Beshear announced iHealth Solutions will establish its headquarters in downtown Louisville.
iHealth, which provides technology and other services for medical records, as well as medical billing and claims processing services, plans to create 70 new jobs and invest $1.7 million into the project.
“iHealth will make an outstanding addition to the health care landscape in Louisville, which continues to grow,” said Beshear. “We’re thrilled to see 70 new jobs and are always excited to have innovative leaders join the community as a result of a new corporate headquarters.”
iHealth will move its corporate headquarters from Virginia into the Meidinger Tower on South Fourth Street this summer. The company expects the move will help grow its business and generate new clients nationwide.
“Louisville may be situated 738 miles from Wall Street, but it is at the heart of an active hub for health care,” said Venkat Sharma, CEO of iHealth. “We are excited about setting up our headquarters in Louisville and growing the company nationally – offering technology-enabled services to physician practices as well as to hospitals across the United States.”
iHealth is a health care services and technology company focusing on revenue cycle support for physician offices and hospitals. Services include electronic health records, medical billing and collection, medical coding and medical information technology support. In addition to its U.S. operations, the company also has more than 50 employees in India.
The health care industry is one of the largest in Kentucky with more than 3,400 jobs added last year. Currently, more than 116,000 are employed in health care-related occupations in Kentucky, while more than 51,000 are employed in healthcare support occupations. There is at least one long-term care facility located in every one of Kentucky’s 120 counties, employing 30,000 people.
From Ky.gov
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