Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

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

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Community Wellness Technology Plans Danville, Kentucky, Operations Center

10/15/2021
Community Wellness Technology Inc., a provider of remote patient monitoring and clinical health coaching services for the healthcare industry, plans to invest up to $15 million to establish a facility in Danville, Kentucky. The project is expected to create approximately 450 jobs.

The company recently leased a 22,000-plus-square-foot facility on Lebanon Road. The operation will develop comprehensive and fully integrated remote patient monitoring and behavioral health services for COVID-19 patients, those managing chronic conditions and other health care-related uses. The facility also will serve as a training center for the company’s employees.

“Establishing this facility in Danville, Kentucky, accelerates our capacity to deliver lifesaving telehealth and remote patient monitoring to Kentuckians,” said Zoe Fields, CEO of Community Wellness. “I am delighted to be working in Kentucky to create new employment opportunities through our telemedicine programs, building stronger, healthier communities throughout the state and region.”

To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) today preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $2 million in tax incentives based on the company’s investment of $3 million and annual targets of creation and maintenance of 445 Kentucky-resident, full-time jobs across 10 years paying an average hourly wage of $35.83 including benefits across those jobs.

“Kentucky’s economy is roaring ahead this week, and Community Wellness is the latest example of a company creating a significant number of quality job opportunities for Kentuckians,” Governor Andy Beshear said. “This is a company creating great jobs while also providing accessible health care to Kentucky residents. I want to welcome Community Wellness to Team Kentucky and congratulate everyone in Danville and the surrounding region who will benefit from this great company locating in Central Kentucky.”

By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments.

In addition, Community Wellness can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives.

“The Danville-Boyle County community strives to maintain excellence in medicine. Community Wellness will join our local providers to serve as a hub for medical care in Central Kentucky,” said Develop Danville economic development specialist Josh Gooch. “Through their creation of high-quality employment opportunities, Community Wellness will have an immeasurable positive impact on our diverse economy.”

Established in California in 2019, Community Wellness provides telehealth and remote patient monitoring services to patients with congestive heart failure, chronic obstructive pulmonary disorder, diabetes, hypertension and obesity. The company also provides behavioral health products for medication adherence, chronic condition management and preventive health measures using technology and personalized coaching to reduce emergency room visits and hospital readmissions.

Share

Exclusive Research