Telehealth company will create 770 new jobs in Las Cruces
LAS CRUCES — Electronic Caregiver, a downtown-based telehealth technology and monitoring company, was already growing its local workforce as providers relied more on remote consultations amid the COVID-19 pandemic. 19.
With a state economic development grant announced Wednesday, the company has pledged to create an additional 770 jobs in Las Cruces over five years.
Founded in 2009, EG currently serves more than 15,000 patients — most out of state — with remote health monitoring, virtual medical exams and care coordination, according to the state Department of Economic Development. .
ESD Secretary Alicia Keyes said the company is “transforming home health care” and announced the state will follow a previous job training incentive grant with a local economic development grant known as LEDA for $1 million.
The city of Las Cruces has pledged an additional $235,000 to boost hiring at the company, which occupies more than half of the tallest building downtown.
Four years ago, the company had 60 employees. Last month, it claimed a workforce of nearly 300, with 161 hires between November and April alone. 115 hires were supported by the state’s job training incentive program, its director of human resources told the Sun-News last month.
The 770 additional jobs are expected to pay salaries ranging from $40,560 to $97,760, EDD said, while the company’s 10-year economic impact is expected to be $843 million.
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The company’s founder and CEO, Anthony Dohrmann, said the grant “will help drive the continued expansion of our employee base and operational facilities.”
ECG said the rapid investment reflected growing acceptance of its technologies by healthcare providers and reforms to payment and reimbursement policies.
Mark Francis, the company’s director of digital health integration, said in a statement: “Care models such as hospital-to-home programs are the future of healthcare – and that future is the.”
In an interview in April, Francis explained, “We are now in the midst of a hybrid model of healthcare, which is remote/virtual care coupled with in-person care, depending on patient and patient needs. “
LEDA stands for Local Economic Development Act, which provides grants from state and local governments sometimes used as “closure” funds to persuade a business to locate or maintain operations in the state.
They include “clawback” provisions in the event that a company does not complete the committed number of hires within a specified time frame.