InnovaCare Health to move HQ to Orlando’s Lake Nona

After being approved for economic development incentives, InnovaCare Health Inc. on July 29 announced its decision to move its headquarters from White Plains, New York, to the Lake Nona Town Center in Orlando. The move will create 60 local high-wage jobs that will pay four times the average wage in Orange County.

The company will lease a dedicated floor of about 22,000 square feet at 6900 Tavistock Lakes Blvd. InnovaCare’s local capital investment tied to the new leased office space is estimated at $700,000. The company was represented by Todd Davis of Cushman & Wakefield and the landlord was represented by Ginger Vetter of Lake Nona developer Tavistock Development Co.

The firm’s headquarters includes the executive and market leadership, business development, human resources, information technology, actuarial, risk adjustment and more. InnovaCare Health now is hiring in metro Orlando, with open positions listed at InnovaCareCareers.com.

“As Florida becomes a key market for our growing management services organization and other important partnerships, having a location in the heart of the state is hugely beneficial to our growth strategy,” said InnovaCare Health President and CEO Dr. Richard Shinto in a prepared statement.

The cultural amenities, medical ecosystem and community assets of Lake Nona were part of what drew InnovaCare to relocate its headquarters, he added. Other important factors for the decision included the cost of doing business, cost of living for its employees, quality of life and workforce availability.

For the full article, visit the Orlando Business Journal online.