City and state officials are dangling an incentive package worth $5.6 million in front of health IT vendor athenahealth in return for creating 607 new full-time jobs in Austin, Texas, by the end of 2023.
Austin – along with Atlanta, Boston and San Francisco — are said to be in the running for the company’s major research and development center. Texas Gov. Rick Perry claims to have landed the deal, but a company spokeswoman declined to comment, according to the Atlanta Business Journal.
The proposal requires the company to hire 35 people by the end of this year, employ 100 by the end of 2016 and add a total of 607 new full-time jobs by the end of 2023. Athenahealth would also have to reach a local capital investment of $7.75 million by the end of 2023.
The new jobs would pay an average of $132,085 a year, with a minimum for all employees of $11 an hour, according to documents filed with the city. The company provides cloud-based electronic health records, physician practice management and care coordination technology.
The company is growing rapidly, and in multiple cities. It has announced plans to add 1,900 new jobs over the next 10 years in Boston. It also previously said it would invest up to $10 million in Atlanta, move operations into the city from Alpharetta, Ga., and add up to 500 new jobs.