Vita-Stat Expands Louisville, Kentucky, Operations
Vita-Stat, located in Louisville since 2007, previously operated under the name Creative Strategies US. The company will expand from its current on Bardstown Road to accommodate additional computer resources and increased office space. The company currently employs 52 people in Louisville.
According to state officials, with backing from new investors and a growing demand within the senior living community, the company will roughly double the size of its Louisville operation to 20,000 square feet. Among new positions created through the expansion will be sales representatives, implementation project managers and trainers, customer support representatives and software development personnel.
“We have evolved our business from its technology consulting roots to become an important senior care software provider over the last several years. This has resulted in accelerated growth in all areas of our business,” said Vita-Stat CEO Jerry Merritt. “As others have noted, there is something special happening in Louisville in technology, health and senior care and we plan to be a vital part of that.”
The company developed ACCUflo, an electronic medication administration record software system, which is widely adopted by some of the most well-respected assisted living and skilled nursing facilities in the country. Its mission is to optimize and error proof the shared processes between caregivers and pharmacists to ensure clinical excellence for residents living in senior care communities.
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in February preliminarily approved the company for tax incentives up to $300,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets. In addition, Vita-Stat can receive resources from the Kentucky Skills Network.
“Vita-Stat has been a strong corporate partner in Kentucky over the past decade, and we are grateful for its increasing presence within the medical software sector in Louisville,” Governor Matt Bevin said. “We are delighted to see this wonderful company continuing to grow here in the commonwealth, and wish Vita-Stat many years of continued success in Jefferson County."
“Vita-Stat is a valuable and vital contributor to our Lifelong Wellness and Aging Care business-development strategy. As a supplier of technology solutions to senior living communities, this business helps further strengthens our aging care ecosystem,” Mayor Greg Fischer said. “We’re thrilled to see Vita-Stat growing in Louisville, one of the country’s leading aging care cities, and we look forward to seeing the impact they have on our community.”
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