Industry Innovator Strive Health Selects Colorado for Headquarters Expansion

·4 min read

Colorado Kidney Care Start-up Eyes 250 New Colorado Jobs to Continue Dramatic Company Growth

Strive Health has selected Colorado for its long-term headquarters expansion. The Denver-based startup has grown its employee base by more than 600% in the last year and today’s announcement includes the addition of 250 new Colorado jobs that support the company’s expansion in roles that include clinical, technical, data management, operations, and strategy.

"As we kick off National Economic Development Week, it is fitting that we announce the continued growth and expansion of a Denver-based startup right here in Colorado," said Governor Jared Polis. "These high-quality jobs are a great benefit to Colorado as Strive Health continues to solidify Colorado’s reputation for healthcare and health tech innovation."

Strive Health’s explosive growth can be traced to a data-driven model that employs purpose-built analytics to reimagine the kidney care treatment paradigm. Strive’s programs are designed to provide the right care at the right time and have dramatically improved care quality while cutting total healthcare spend by nearly one-third.

"Colorado’s central location, vibrant workforce, and quality educational institutions make it an ideal home and place to expand Strive Health," said Chris Riopelle, CEO of Strive Health. "We are impressed with the direction in which Governor Polis and the Office of Economic Development are leading the state, including taking an active role in strengthening local businesses, affordable housing, and education for the next generation of innovators. Governor Polis has also done a fantastic job managing the state’s response to the COVID-19 pandemic. This collaboration will help us significantly grow our footprint and continue to build a destination for top talent."

Strive Health received a performance-based Job Growth Incentive Tax Credit award from Colorado’s Economic Development Commission last month for the creation of 250 net new jobs with an average annual wage of $131,572, which is 183% of Denver County’s average annual wage.

"We’re proud to see Strive Health’s success continue in our region with this exciting expansion decision," said Denver Mayor Michael B. Hancock. "Strive Health has proven that they can grow quickly and deliver excellent-paying career opportunities. As we move to setting our city up for a sustainable economic recovery, this kind of announcement confirms the foundations of our local economy, supported by our competitive workforce talent pool, remain strong and ready to come back."

Colorado competed with Michigan and Utah for the headquarters expansion project, where Strive Health has existing company offices as well as major market presences.

Visit the Strive Health website for more information.

About Strive Health

Strive Health is the national leader in value-based kidney care and partner of choice for innovative healthcare payors and providers. Strive's model uses a unique combination of high-touch care teams, predictive analytics, advanced technology, seamless integration with local providers, and next-generation dialysis services to form an integrated care delivery system that supports the entire patient journey from chronic kidney disease (CKD) to end-stage kidney disease (ESKD). Strive partners with commercial and Medicare Advantage payors, Medicare, health systems, and physicians through flexible value-based payment arrangements, including risk-based programs. Backed by New Enterprise Associates, CapitalG, Redpoint, Town Hall Ventures, Echo Health Ventures, and Ascension Ventures, Strive delivers compassionate kidney care the way it should be done. For more information, visit us on Twitter, LinkedIn or at www.strivehealth.com, or email info@strivehealth.com.

About Colorado Office of Economic Development and International Trade

The Colorado Office of Economic Development and International Trade (OEDIT) works with partners to create a positive business climate that encourages dynamic economic development and sustainable job growth. Under the leadership of Governor Jared Polis, we strive to advance the State’s economy through financial and technical assistance that fosters local and regional economic development activities throughout Colorado. OEDIT offers a host of programs and services tailored to support business development at every level including business retention services, business relocation services, and business funding and incentives. Our office includes the Global Business Development division; Colorado Tourism Office; Colorado Outdoor Recreation Industry Office; Colorado Creative Industries; Business Financing & Incentives division; the Colorado Small Business Development Network; Colorado Office of Film, TV & Media; the Minority Business Office; Employee Ownership Office; and Rural Opportunity Office. Learn more at oedit.colorado.gov.

About Denver Economic Development & Opportunity

Denver Economic Development & Opportunity is leading an inclusive and innovative economy for all Denver residents, businesses, and neighborhoods. By supporting local and global business development, workforce development programs, and stabilization efforts in Denver’s diverse neighborhoods, we are creating an economy that works for everyone. Learn more at www.denvergov.org/economicdevelopment.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210511005608/en/

Contacts

Elizabeth Kosar | elizabeth.kosar@state.co.us
Jill McGranahan | 303.518.0258 (cell) | jill.mcgranahan@state.co.us
Avery West, Strive Health | awest@strivehealth.com

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