Innovative Telehealth Company Plans Major New Mexico Expansion
New Mexico expansion, Economic Development Cabinet Secretary Alicia J. Keyes announced.
Gov. Michelle Lujan Grisham, who has identified higher-paying companies for state-owned Local Economic Development Act (LEDA) assistance. In calendar year 2021, the average salary for a LEDA-assisted business in New Mexico reached $ 91,000, twice the statewide average salary.
Electronic Caregiver anticipates the economic impact of $ 843 million over the next decade. The new jobs in Las Cruces will have an average salary of over $ 53,000, with a range from $ 40,560 to $ 97,760. The company is also qualified for financial assistance with job training through the state’s Job Training Incentive Program (JTIP).
Electronic Caregiver was founded in 2009 by CEO Anthony Dohrmann who sought out the New Mexico State University, which provides the bulk of the company STEM and design talent.
Mark Francis, chief of product management at Electronic Caregiver, who has worked on telehealth initiatives at Intel and Health Hero Network, said the company has been working on telehealth monitoring services for many years.
The Mesilla Valley Economic Development Alliance (MVEDA), through its Retention & Expansion Support Program, has provided technical assistance to Electronic Caregiver through multiple rounds of the company expansion. This is included funding from the NM Economic Development Closing Fund, a grant administered by MVEDA and the Community Foundation of Southern New Mexico.