Health firm plans move to Carmel, adding 675 jobs

Back to TopCommentsE-mailPrintBookmark and Share

American Specialty Health Inc., a California-based wellness program provider, plans to move its headquarters to Carmel and create as many as 675 jobs by 2016, officials announced Friday morning.

The company plans to invest $10 million to lease 72,693 square feet on four floors of the Hamilton Crossing III building at 12800 N. Meridian St. ASH will lease an additional 16,362 square feet of office space at the Carmel Tech Center beginning next month.

ASH, which employs more than 1,000 workers nationwide, will begin hiring operations, call center, customer service and other positions in Carmel later this year.

Company co-founder and CEO George DeVries said salaries will range from $45,000 to $120,000 a year. He credited Indiana’s business climate and Carmel’s “exceptional” quality of life as motivations for the move.

"ASH has grown from a California company into a national company, and Carmel provides a central location with proximity to our clients across the nation," DeVries said.

IBJ reported on July 11 that ASH planned to open an office in Carmel by next March and employ at least 300. Sources familiar with the situation at the time said Carmel could become the company's new home base.

The relocation of ASH's headquarters is part of the firm's five-year strategic plan to establish operations and redundancy offices in three distinct geographic regions. The company opened a Southlake, Texas, office in July 2012 and also opened a health technology innovation center with the University of South Carolina's Innovista incubator in Columbia, S.C. It also plans to maintain an office in the San Diego area.

Indiana Economic Development Corp. offered American Specialty Health up to $11.5 million in conditional tax credits and up to $250,000 in training grants based on the company's job-creation plans. The tax credits are performance-based, meaning they cannot be claimed until jobs are filled.

Carmel will not offer any additional local incentives, Mayor Jim Brainard said.

“If we do our job right, we don’t need special incentives,” he said, citing the city’s ongoing investment in redevelopment, recreation and culture—all intended to attract and retain a “first-rate workforce.”

ASH expects to employ about 1,700 nationwide by the end of 2016, DeVries said. About 300 of the 675 planned for Carmel should be in place next year.

Founded in 1987 in DeVries’ extra bedroom, ASH operates 13 subsidiaries that offer health-and-wellness services to employer groups, health plans and insurance companies nationwide. Its Healthyroads unit, for example, provides a Silver&Fit “healthy aging” program to Medicare Advantage beneficiaries.

The company reported revenue of $221 million in 2012.

Now based in the San Diego area, ASH plans to keep a presence there. The company moved its headquarters from downtown San Diego to the suburban Sorrento Mesa neighborhood in 2010, signing a 10-year lease for 189,000 square feet of space in two buildings.

ASH has appeared on Inc. magazine's list of the 5,000 fastest-growing companies in the nation for five years running. It was ranked 4,842nd in the 2013 list.

DeVries said he plans to move to Carmel next summer, when his youngest son will begin studying at the Culver Academies in northern Indiana. DeVries also graduated from Culver, as did his two older sons.

The company expects about 50 of the Carmel jobs to be filled by current employees from Texas and California, including several top executives. Workers from a small office just across the Hamilton County line in Indianapolis also will move to Carmel.


  • aaah yes
    of course an excellent move to take advantage of taxpayer-funded jobs, ain't capitalism grand (when they can get HUGE govt subsidies to build thei 'free market' bidness!)
  • Excellent
    Excellent move by ASH.

    Post a comment to this story

    We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
    You are legally responsible for what you post and your anonymity is not guaranteed.
    Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
    No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
    We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.

    Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

    Sponsored by

    facebook - twitter on Facebook & Twitter

    Follow on TwitterFollow IBJ on Facebook:
    Follow on TwitterFollow IBJ's Tweets on these topics:
    Subscribe to IBJ
    1. Of what value is selling alcoholic beverages to State Fair patrons when there are many families with children attending. Is this the message we want to give children attending and participating in the Fair, another venue with alooholic consumption onsite. Is this to promote beer and wine production in the state which are great for the breweries and wineries, but where does this end up 10-15 years from now, lots more drinkers for the alcoholic contents. If these drinks are so important, why not remove the alcohol content and the flavor and drink itself similar to soft drinks would be the novelty, not the alcoholic content and its affects on the drinker. There is no social or material benefit from drinking alcoholic beverages, mostly people want to get slightly or highly drunk.

    2. I did;nt know anyone in Indiana could count- WHY did they NOT SAY just HOW this would be enforced? Because it WON;T! NOW- with that said- BIG BROTHER is ALIVE in this Article-why take any comment if it won't appease YOU PEOPLE- that's NOT American- with EVERYTHING you indicated is NOT said-I can see WHY it say's o Comments- YOU are COMMIES- BIG BROTHER and most likely- voted for Obama!

    3. In Europe there are schools for hairdressing but you don't get a license afterwards but you are required to assist in turkey and Italy its 7 years in japan it's 10 years England 2 so these people who assist know how to do hair their not just anybody and if your an owner and you hire someone with no experience then ur an idiot I've known stylist from different countries with no license but they are professional clean and safe they have no license but they have experience a license doesn't mean anything look at all the bad hairdressers in the world that have fried peoples hair okay but they have a license doesn't make them a professional at their job I think they should get rid of it because stateboard robs stylist and owners and they fine you for the dumbest f***ing things oh ur license isn't displayed 100$ oh ur wearing open toe shoes fine, oh there's ONE HAIR IN UR BRUSH that's a fine it's like really? So I think they need to go or ease up on their regulations because their too strict

    4. Exciting times in Carmel.

    5. Twenty years ago when we moved to Indy I was a stay at home mom and knew not very many people.WIBC was my family and friends for the most part. It was informative, civil, and humerous with Dave the KING. Terri, Jeff, Stever, Big Joe, Matt, Pat and Crumie. I loved them all, and they seemed to love each other. I didn't mind Greg Garrison, but I was not a Rush fan. NOW I can't stand Chicks and all their giggly opinions. Tony Katz is to abrasive that early in the morning(or really any time). I will tune in on Saturday morning for the usual fun and priceless information from Pat and Crumie, mornings it will be 90.1