Healthcare technology company Modernizing Medicine will create more than 800 new jobs in Palm Beach County, Florida, by 2022, local station WPTV reported.
The expansion will mark the largest jobs project in the county since 2009. Modernizing Medicine will receive a $6 million incentive package from the state if it adds 838 jobs in the next five years.
"We are extremely excited to expand our presence and create more jobs across a wide range of fields in South Florida," said CEO Dan Cane.
The company has more than 550 employees currently, with 400 of them based in Boca Raton, the source noted.
According to the Miami Herald, Modernizing Medicine produces more than $100 million in revenues each year and is one of the most rapidly growing tech companies in southern Florida.
"There are not many companies growing as fast as Modernizing Medicine - in the world," said Gov. Rick Scott.
The new jobs will largely be software development roles and will have an average annual salary of $55,000.
The company is also expanding its headquarters, leasing space in the building that formerly served as the home of IBM in addition to its current main office at the Florida Atlantic University Research Park.
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