Company to add 550 jobs at Memphis headquarters
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Posted 9:40AM on Sunday 12th May 2002 ( 23 years ago )
MEMPHIS, TENNESSEE - Accredo Health Inc. plans to add about 550 jobs at its Memphis headquarters during the next three years, company officials said. <br>
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Another 50 workers will be transferred to Memphis when the company moves the headquarters of subsidiary Sunrise Medical from Atlanta, said Chief Financial Officer Joel Kimbrough. <br>
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The largest group of new workers will be employees trained to seek reimbursement from insurance companies for patient products and services, Kimbrough said. Pay will average $30,000. <br>
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Accredo also plans $11.5 million in improvements for its Memphis headquarters. Kimbrough said the company plans to lease an additional 60,000 square feet of space in its current building. <br>
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Accredo Health provides specialized contract pharmacy and related services under agreements with biotechnology drug manufacturers. <br>
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The company's shareholders will vote next month on the proposed purchase of the Specialty Pharmaceutical Services division of New York-based Gentiva Health Services. <br>
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Kimbrough said many of the new jobs would be related to that acquisition.
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