Imperium Health Management will invest $1.3 million to establish a headquarters operation in Louisville, Kentucky, creating 40 full-time jobs. The new headquarters will be established in a 5,000-square-foot building on West Main Street.
Imperium Health Management provides focused solutions to enable physician-led accountable care delivery, including organization, implementation, care coordination and patient support to optimize medical cost and outcomes.
“Imperium has operations in Phoenix, Jacksonville, Chicago and two in Kentucky,” said Gary Albers, co-founder and COO. “Louisville provides us with a central location and easy access to the airport with ample flight options. The Commonwealth of Kentucky and the city of Louisville are a perfect choice for a health care start up. Louisville provides a deep legacy in health care, being here provides us with access to an employee base of healthcare thought leaders. With innovation happening in Louisville, this gives us exposure to companies and professionals alike, helping Imperium set the trend in the next wave of healthcare transformation: the Accountable Care Organization.”
“Imperium Health Management is a new company with a strong vision for the future, and that is exactly what we want to see here in Kentucky,” said Gov. Steve Beshear. “Headquarters are always exciting, because they bring top quality leaders and high-paying jobs. In this case, we have 40 of those jobs on the way, and that’s a victory for Louisville and the Commonwealth.”
As an incentive to encourage the investment and job creation in Louisville, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $500,000 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.
“These high-paying jobs are good for our economy, and they help further validate the city’s strength in the healthcare sector,” Louisville Mayor Greg Fischer said. “Imperium could have left for another city, but our pool of talented health care workers and these tax incentives helped ensure the company stays in Louisville – and grows here.”
“It’s exciting to know that Louisville’s skilled and knowledgeable health care talent made a difference in bringing and keeping one of the country’s first fully comprehensive health care enablement companies here,” said Greater Louisville Inc. president and CEO Craig Richard. “It speaks to our burgeoning position in the healthcare industry and our ability to deliver much needed and experienced talent.”