CREVE COEUR 鈥 A Memphis-based health care company has expanded to the 狐狸视频 region and plans to hire up to 120 people.
Intellivo has moved into 26,000 square feet at Olive Boulevard and Interstate 270. The company works with health care providers and insurance companies to ensure payment accuracy and claim liability.
鈥淥pening this new office in the 狐狸视频 metro area positions us to leverage the city鈥檚 long history as a health care hub and tap into a strong workforce with skills vital to our business,鈥 CEO Laura Hescock said in a statement.
The company launched more than two decades ago and was previously known as Benefit Recovery Group. In 2022, Intellivo received an undisclosed investment from Clayton-based private equity firm Thompson Street Capital Partners.
The expansion to the 狐狸视频 area was unrelated to that investment, Intellivo vice president of marketing and communications Eric Thurstin said. But he added that the company wanted another office that was within driving distance of its headquarters in Tennessee.
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Intellivo plans to to serve in a variety of roles, the company said.
Its office is located at 12443 Olive Boulevard in Creve Coeur, in a building formerly occupied by Clayton-based Centene Corp. Centene began curtailing its real estate footprint across the country after its longtime CEO, Michael Neidorff, died in 2022. In the 狐狸视频 region, Centene鈥檚 cuts amounted to about 1 million square feet of office space.
鈥淲e are excited to be a part of the 狐狸视频 area鈥檚 continued job growth,鈥 Josh Gozdecki, Intellivo vice president, said in a statement. 鈥満晔悠 has everything we need for our expansion: a great business community, a superb pool of talent, and close proximity to our headquarters office.鈥
of commercial real estate firm Cushman & Wakefield represented Intellivo in its lease transaction.
Tony Kennedy and Rocky Stenger of Colliers represented the landlord.