PALM BEACH GARDENS, Fla.—
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
Joe Reagan, center, president and CEO of Greater Louisville Inc., discusses the move.