Modern Healthcare - - Regional News -

Af­ter a lengthy due dili­gence process, Sig­na­ture Health­Care an­nounced it will move its cor­po­rate head­quar­ters to Louisville, Ky., from Palm Beach Gar­dens. The long-term­care com­pany said in a news re­lease that Louisville’s will­ing­ness to ag­gres­sively of­fer in­cen­tives to the com­pany was a fac­tor in the de­ci­sion, as well as the op­por­tu­nity to part­ner with a lo­cal uni­ver­sity. The other fi­nal­ists for the head­quar­ters were in South Florida and Ten­nessee. In Louisville, Sig­na­ture will part­ner with the Uni­ver­sity of Louisville to cre­ate the In­ter­na­tional Cen­ter for Long Term Care In­no­va­tion, a col­lab­o­ra­tive cen­ter for the devel­op­ment and com­mer­cial­iza­tion of health technology and ser­vices tai­lored to long-term-care set­tings. The cen­ter will be­come one of the ini­tial ten­ants in Ken­tucky’s new life sci­ences cen­ter, called Nu­cleus, lo­cated on the for­mer Hay­mar­ket site in down­town Louisville, the news re­lease said. Other fac­tors in the de­ci­sion to lo­cate to Louisville in­cluded the qual­ity and quan­tity of lo­cal health­care tal­ent, and eco­nomic op­er­at­ing costs. The 2-year-old com­pany was named one of the Best Places to Work in Health­care in 2009 in Mod­ern

Health­care’s rank­ing.

Joe Rea­gan, cen­ter, pres­i­dent and CEO of Greater Louisville Inc., dis­cusses the move.

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