MedHub To Invest $1.7M, Double Staff In Dexter
ANN ARBOR — A University of Michigan spinout and four-time winner of Ann Arbor Spark’s FastTrack award for entrepreneurial business success plans to invest more than $1.7 million and double its staff to 15 people in an expansion in a historical site in Dexter.
MedHub is a health care software firm. The company acquired the 22,000-square-foot building in downtown Dexter in 2011. The building in questiony is a former grain mill, built in 1899, that is a village landmark.
“Tax incentives are often controversial, especially in this economic climate,” said MedHub president Peter Orr. “In this case, the village of Dexter and MedHub recognized the importance of working together to save this community landmark and place the long-dormant building firmly on the tax rolls. The cost to restore this building was triple the cost of tearing it down and starting over. This collaborative approach has made it possible to restore this unique building back to its original character. This also provides MedHub and Dexter another competitive edge to attract very selective employees to a unique and dynamic community. Without the creative vision of the village the township and the assistance of Ann Arbor Spark to make this happen, we would have most likely been forced to consider other options for our headquarters.”
Ann Arbor Spark has worked with MedHub throughout its evolution, including annual retention visits to help identify potential areas of need where Spark’s services could help the company continue to grow in the region.
“It’s exciting that MedHub chose to renovate such a visible and significant structure in downtown Dexter, and is making that investment part of its efforts to attract talent to the company,” said Paul Krutko, Ann Arbor Spark president and CEO. “Having a business like MedHub downtown has a ripple effect on the Village economy, and on the surrounding region: Businesses want to locate where they know top talent can be attracted and retained.”
MedHub expects to move in to the renovated building later this spring.
MedHub serves large academic teaching hospitals worldwide. MedHub clients include Mayo Clinic, Cleveland Clinic, Duke University, Stanford University, four Big Ten Academic teaching hospitals, Kaiser Permanente, California, the Universities of Washington, Oklahoma, Colorado, Hamad Medical Corporation, Doha, Qatar, The Royal College of Surgeons, Dublin, Ireland and others.
More at www.medhub.com.
More about Ann Arbort Spark and its business assistance programs at www.annarborusa.org. Spark partners include the University of Michigan, Eastern Michigan University, Washtenaw Community College, Washtenaw County, Livingston County, Washtenaw County Michigan Works, the city of Ann Arbor, Bank of Ann Arbor and the Michigan Economic Development Corp.