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File #: 0757-2017    Version: 1
Type: Ordinance Status: Passed
File created: 3/15/2017 In control: Economic Development Committee
On agenda: 4/3/2017 Final action: 4/5/2017
Title: To authorize the Director of the Department of Development to enter into a Downtown Office Incentive Agreement with Medical Staffing Options, LLC and Health Carousel, LLC.
Attachments: 1. ORD0757-2017 Medical Staffing Options, LLC - Project Site Map, 2. ORD0757-2017 Medical Staffing Options, LLC - Fact Sheet
Explanation
BACKGROUND: The Columbus Department of Development is proposing to enter into a Downtown Office Incentive Agreement with Medical Staffing Options, LLC and Health Carousel, LLC.

Established in 2014, Medical Staffing Options, LLC (“Medical Staffing Options” or “MSO”) provides travel, per-diem, and permanent placement opportunities for nurses and allied healthcare professionals. Currently, the majority of nursing needs identified by MSO’s clients are for travel and PRN (“pro re nata” or “as needed”) nursing staff. The majority of the company’s allied (Therapy) needs exist in permanent placement settings. Medical Staffing Options places all types of medical professionals, including: Acute Care Nurses (RN), Physical Therapists (PT), Physical Therapy Assistants (PTA), Occupational Therapists (OT), Occupational Therapy Assistants (OTA), Speech Language Pathologists (SLP), and Lab Technicians.

Medical Staffing Options, LLC was acquired by Cincinnati-based Health Carousel, LLC (“Health Carousel”), a workforce solutions company serving healthcare organizations, in January 2017 and is now a wholly-owned subsidiary of Health Carousel. Health Carousel intends to relocate the operations of Medical Staffing Options, LLC from 9200 Worthington Road, Suite 101, Columbus, Ohio 43082 in the coming months to support projected growth and assist in employee recruitment. Health Carousel will lease and renovate approximately 30,000 square feet of office space, to be occupied by Medical Staffing Options, LLC, in the newly-redeveloped Buggyworks office project located at 400 W. Nationwide Blvd., Columbus, Ohio 43215 (“Project Site”).

Health Carousel will invest approximately $1,300,000 related to leasehold improvements at the Project Site. Medical Staffing Options, LLC will retain and relocate 47 full-time permanent positions with an associated annual payroll of approximately $3,056,383 and create 60 new full-time permanent positions with an associated annual payroll...

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