Prospero Health to locate operational headquarters in downtown Memphis

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(DOWNTOWN MEMPHIS COMMISSION NEWS RELEASE) – The Downtown Memphis Commission, Greater Memphis Chamber, City of Memphis, Shelby County and the State of Tennessee and Prospero Health officials announced today that the company will locate its operational headquarters in Downtown Memphis.

The healthcare startup will invest more than $1.5 million and create 249 jobs in Shelby County.

Prospero Health, headquartered in Boston, is a provider of home-based supportive care. Its mission is to empower people facing serious illness to live their best lives now by surrounding them with a team of caring and compassionate experts. These experts include physicians, nurses, and social workers who provide 24/7 supportive care in the home, via telehealth, or over the phone.

Prospero Health plans on locating its operational headquarters and back-office operations to a new facility in Memphis. With the new location, Prospero Health will provide administrative support for its hundreds of physicians, nurses, and social workers across its eventual 23 markets. Prospero Health, through its robust Care Center Support Team in Memphis, will also provide telephonic support for its seriously ill patients, as well as their families and caregivers.

Prospero Health is a citizen of the University of Memphis Research Foundation Research Park. This relationship affords Prospero Health access to research and researchers at the University of Memphis, as well as the opportunity for the U of M student population to develop careers and internships with Prospero Health.

Prospero Health is looking for people with a passion for service and has multiple opportunities in medical and business fields. Please reach out on www.prospero-health.com if you’re interested in career opportunities with Prospero Health.

“Prospero Health is committed to Memphis and we are thrilled to be welcomed by the entire city with such open arms. Basing our operations in Memphis is a key step in Prospero Health’s growth and we are excited to be involved in a community with such a welcoming culture.”

– Doug Wenners, Chief Executive Officer, Prospero Health

“Prospero Health’s affiliation with the University of Memphis Research Foundation Research Park will provide us the opportunity to tap into the university’s resources, and it will also allow us proximity to talented students who are entering the workforce. Prospero Health’s most critical objective is serving others and we know the U of M talent pool will have an abundance of prospects who wish to do the same.”

Michael Scarbrough, Prospero Health President and COO, on Prospero Health’s partnership with the University of Memphis

“Tennessee’s healthcare industry continues to see major growth. In fact, since 2014, Tennessee has seen a nearly 12 percent increase in employment in the healthcare and life sciences sector. I appreciate Prospero Health for its decision to locate new operations in Memphis and for creating nearly 250 jobs in Shelby County.” 

– TN Governor Bill Lee

“Tennessee is a hub for healthcare companies looking to locate new operations or expand. More than 15,600 jobs have been created in the healthcare and life sciences industry and I am glad that Prospero Health has seen the advances of doing business in our state. I thank Prospero Health for creating 249 jobs in Memphis and look forward to seeing them succeed in our state.”

Bob Rolfe, TNECD Commissioner

“We’re so happy that Prospero Health is choosing to grow their business right in the heart of downtown. This is further proof that our momentum is real and Memphis is open for business.”

– Memphis Mayor Jim Strickland

“We have already seen evidence of Prospero’s innovative approach to business and their enthusiasm for Downtown. We are thrilled to have them join the growing community of businesses with headquarters in Downtown Memphis.”

– Jennifer Oswalt, President and CEO, Downtown Memphis Commission

“As an early citizen company in the UMRF Research Park, we were so very pleased to have Prospero elect to begin their business operations within the University of Memphis District. We congratulate them on their expansion and look forward to assisting their growth through our continued partnership.”

– Ted Townsend, Chief Economic Development & Government Relations Officer, The University of Memphis

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