INDIANAPOLIS (Feb. 19, 2014) – Healthx, Inc., a digital platform helping healthcare payers power their digital strategies, announced plans today to expand its operations here, creating up to 40 new jobs by 2018.
“The health of Indiana’s economy improves when innovative companies like Healthx decide to hire more Hoosiers,” said Eric Doden, president of the Indiana Economic Development Corporation. “And while today’s healthcare industry may be increasingly complex, companieslike Healthx can balance that in Indiana with the tools to help companies grow, like our strong infrastructure, lower taxes and, of course, the team of Hoosiers ready to help them succeed.”
The company, which is owned by Charlotte, North Carolina-based Frontier Capital, will invest $200,000 to equip its current 18,000 square-foot office, upgrading technology infrastructure and business systems. Healthx, which currently employs 70 full-time Indiana associates, has already begun hiring information technology, sales, marketing and customer service personnel. Interested applicants may apply by visiting http://www.healthx.com/global/careers.
“Indiana and particularly Indianapolis supports growing technology companies,” said Kathy Kinder, president and chief financial officer at Healthx. “Healthx values this excellence and appreciates the work ethic exhibited by tech-savvy Hoosiers. We think Indiana is the place for us to transform healthcare technology.”
Founded in 1998, Healthx provides self-service, web-based solutions that connect healthcare payers, healthcare providers, consumers, employers and brokers, resulting in 16 million logins annually. The Healthx client base is comprised of Medicare, Medicaid and commercial health plans, third-party administrators and commercial carriers located in more than 40 states across the U.S.
The Indiana Economic Development Corporationoffered Healthx, Inc. up to $475,000 in conditional tax credits and up to $135,000 in training grants based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Indianapolis supports the project at the request of Develop Indy, a business unit of the Indy Chamber.
Healthx is the second healthcare-focused technology company this week to announce its central Indiana growth plans. Yesterday Stratice Healthcare, a developer of an electronic ordering platform for the healthcare industry, announced it plans to grow its operations in Carmel, creating up to 43 new jobs by 2017.
Healthx is the healthcare industry's leading digital engagement platform for connecting payers, providers, consumers, employers and brokers. Founded in 1998, Healthx leverages its industry knowledge, influence and relationships to deliver customized solutions to payers that are looking for a differentiator in the healthcare space. Fueled by innovation, Healthx is one of the first healthcare technology companies to offer a cloud-based platform for member engagement and provider collaboration resulting in 16 million logins annually. Today, more than 150 healthcare payers across the U.S. rely on Healthx solutions to drive greater ROI for their business. Healthx is powered by healthcare and technology experts that are passionate about member and provider engagement.
Created in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Mike Pence. Victor Smith serves as the Indiana Secretary of Commerce and Eric Doden is the president of the IEDC.
The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.
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Jennifer Young (Healthx) – 317.218.0541 or firstname.lastname@example.org
Katelyn Prentice (IEDC) – 317.234.2294 or email@example.com