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Metro Newsroom

Fischer Unveils Vision to Grow Jobs in Wellness and Aging Care

Wednesday March 16, 2011

He presides over first Nucleus board meeting as chairman

Mayor Greg Fischer today announced his vision to grow good-paying jobs in Louisville by focusing the city’s economic development efforts on the lifelong wellness and aging care industries.

Fischer spoke this morning while leading the Nucleus board meeting for the first time as chairman, and he announced that the Center for Lifelong Wellness and Aging Care will be established at Nucleus to help implement his vision.

That center will, among other things, focus on the healthcare businesses in which Louisville could dominate the market including assisted living and nursing home care, disability care and rehab care.

“There are more than 250 businesses and organizations specializing in healthcare in Louisville and they employ more than 175,000 people nationally,” Fischer said. “With recent announcements such as Kindred’s acquisition of RehabCare and the relocation of Dharma Construction’s headquarters to Louisville, and our country’s graying population, our city is uniquely positioned to grow jobs in wellness and aging care.”

Fischer also announced that the International Center for Long Term Care and Innovation, a think tank funded by Signature Healthcare and Nucleus, will help further Louisville’s national reputation. Both the think tank and the Center for Lifelong Wellness will be housed at Nucleus’s downtown headquarters, the former Haymarket property.

The mayor also announced that an investment fund will be established to assist breakthrough innovation in the wellness and aging care industry and an “Idea Hours” series has been created to highlight issues and research relevant to the industry.

Fischer said he believes that, over time, Louisville can grow thousands of jobs in wellness and aging care, similar to what occurred the past two decades as the city focused its efforts on logistics.

Greater Louisville Inc., the metro chamber of commerce, will help implement the mayor’s wellness and aging care strategy, along with leaders at Nucleus.

“Repositioning the economic development strategy as Lifelong Wellness and Aging Care better reflects the depth of our talent in the region,” GLI CEO Joe Reagan said. “It also positions us to take advantage of trends in the industry as we continue to create jobs in this growing sector.”