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Medical billing company plans to expand in Kentucky

Posted at 10:33 AM, Jun 18, 2019
and last updated 2019-06-18 10:35:11-04

NEWPORT, Ky. (AP) — A medical billing services company is planning to expand operations in northern Kentucky, potentially creating 150 jobs.

CompMed Ltd. is planning the $1.1 million expansion in Campbell County. The company plans to lease an additional 2,000 square feet of office space "in response to growing demand from new and existing customers."

A statement from Gov. Matt Bevin's office says the project also includes new employee training and work spaces and new equipment.

CompMed President Mike Stearns says the company plans to use the majority of the funds retained through tax incentives to ensure employees continue to work in a favorable and professional environment.

The Newport-based company was founded in 1993 and provides billing services for over 25 different areas of medical need.