InnovateLTC is the brainchild of its CEO, John Reinhart, and Joe Steier, President and CEO of leading long-term care company Signature HealthCARE.
These two forward-thinking industry veterans spent several years honing the concept before bringing it to fruition in 2010. As Signature HealthCARE mulled over options to move its corporate headquarters, also in 2010, a unique opportunity arose from conversations with the progressive leadership at the University of Louisville and its Nucleus initiative.
Nucleus is establishing a life-sciences and innovation center near the university’s downtown Health Sciences Campus with the goal of commercializing promising research technologies and innovations. The plan dovetailed perfectly with John’s and Joe’s vision of establishing a similar type of center, but with a specific emphasis on aging care. And Louisville was the ideal location, considering the city is home to more than half of the nation’s top 10 senior care companies.
Thus, the International Center for Long Term Care Innovation – InnovateLTC, for short – was born. The center already has office space at University of Louisville’s Nucleus site, in downtown Louisville, and will have a major presence in a new 160,000-square-foot research facility expected to be finished in 2013.
InnovateLTC is up and running, expanding and evolving. The key word is open source. It is an independent entity focused on delivering cutting-edge products and services to the exploding aging population. We invite everyone who has a stake in that mission to join us.