Cabinet for Economic Development
Confluent Health LLC to Locate Headquarters in Louisville
Health care company expected to create up to 25 new
LOUISVILLE, Ky. (Dec. 3, 2014) – Another health care
company is locating its headquarters in Louisville. Gov. Steve Beshear and
Mayor Greg Fischer announced today that Confluent Health LLC plans to establish
operations in eastern Jefferson County.
Confluent Health, which oversees a variety of physical
therapy practices, workers’ compensation mitigation facilities and physical
therapy educational programs nationwide, will create up to 25 new jobs and
invest nearly $1.5 million into establishing its business.
“Confluent Health has a strong vision for the future, which
is exactly what we want to see as Kentucky’s health care industry continues to
grow,” said Gov. Beshear. “Headquarters are always exciting because they bring
top-quality leaders and high-paying jobs to the state. Confluent Health’s
decision to locate here is a victory for Louisville and the entire
are excited to welcome Confluent Health and its company headquarters as a
strong business and civic partner and as the newest addition to our growing
health care sector,” said Mayor Fischer. “There are more companies engaged in
the lifelong wellness and aging care industry based in Louisville than in any
other city in the world, and that’s a solid testament to the strength and future
potential of our local economy and our people.”
Health was incorporated earlier this year and recently acquired controlling
interests in 14 companies, which employ a combined 350 people in Texas and
private-equity holding company, Confluent Health was created with the goal of
providing more effective care, one patient, one therapist and one employer at a
time. The company’s vision is to create a health care system that recognizes
physical and occupational therapy providers as the “Best First Choice” for
preventing and managing musculoskeletal and movement disorders.
2,700-square-foot headquarters will be located in the East Point Business Park
and will provide a variety of support functions for the companies in which
Confluent Health has interests, ranging from finance and accounting to
marketing and operations. Hiring for a variety of positions is already underway
for the headquarters as well as a number of local physical therapy clinics.
Health also will own a majority interest in local physical therapy clinics
branded as ProRehab Louisville. Plans are underway for the first two clinics,
which are set to open in St. Matthews and Fern Creek early next year. Both will
provide physical therapy and workers’ compensation services to the Louisville
area. Services at ProRehab Louisville will include a channel for patients to
directly access their physical therapist, who in addition to providing top line
care, also will provide fitness evaluation and prescriptions.
are very excited to both headquarter Confluent Health in Louisville and open ProRehab
Louisville clinics in the area,” said Larry Benz, Confluent Health’s
president. “We plan to expand rapidly in the local
area in 2015, creating jobs for physical and occupational therapists and
support staff. We have many innovative initiatives in the works that focus on
increasing patient ease of access to physical therapy treatment and extreme
costs savings for local employers that we look forward to bringing to the
is a major industry in Kentucky, employing nearly 430,000 people last year.
is the world leader in lifelong wellness and aging care, with more than 18,000
professionals producing over $48 billion in revenue. The city also is home to
the nation’s largest collection of headquarters in nursing home,
rehabilitation, assisted living and home health administration.
To encourage the investment and job growth in Louisville,
the Kentucky Economic Development Finance Authority preliminarily approved the
company for tax incentives up to $400,000 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.
on Kentucky’s economic development efforts and programs is available at www.ThinkKentucky.com. Fans
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