Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

Cotiviti Holdings, Inc. Expands Blue Bell, Pennsylvania, Operations

03/16/2017
Cotiviti Holdings, Inc., a provider of payment accuracy services, will expand operations at its existing location in Blue Bell, Pennsylvania. The company plans to create 216 new, high-paying jobs in Montgomery County.

To accommodate projected growth, Cotiviti leased an additional 86,000 square feet of space at its existing location in the Arborcrest office campus at 785 Arbor Way in Blue Bell, 22 miles north of Philadelphia.

Cotiviti will invest at least $8.2 million in the project, including leasehold improvements, upgraded IT equipment, and fixture purchases. Cotiviti has committed to the creation of 216 new, full-time jobs over the next three years, and to the retention of 719 existing jobs. Construction is expected to begin May 2017.

As an incentive, Cotiviti received a funding proposal from the Pennsylvania Department of Community and Economic Development that includes a $450,000 Pennsylvania First Program grant and $432,000 in Job Creation Tax Credits to be distributed upon creation of the new jobs.

“I’m pleased to share that Cotiviti has chosen to expand its operations in Montgomery County and that it will grow its employee headcount in the commonwealth to more than 900,” said Governor Tom Wolf. “Cotiviti offers stable employment opportunities that provide family sustaining wages, helping to rebuild Pennsylvania’s middle class.”

Article Discussion

Follow Area Development

Share