Xtend Healthcare, a revenue cycle management company that is a unit of Navient, has announced plans to hire 200 additional employees and make an investment of $1.3 million to expand its headquarters just outside of Nashville, Tenn.
Xtend currently employs 1,000 individuals nationwide, 700 of whom work at the company’s headquarters in Hendersonville, Tenn. It was acquired by Navient in 2015 for $164 million.
“Tennessee provides an excellent labor force with healthcare expertise that has accelerated our growth at Xtend Healthcare,” said Xtend Healthcare Chief Business Development Officer Daniel Brooks, in a statement. “Our high quality employees are the reason we are able to serve health systems from coast to coast, and we are excited to welcome new Tennesseans to our team as our growth continues.”
Details of the expansion and a timeline for the new hires and how the investment will be spent were not provided by the company in a release announcing the plan.
“When an existing business like Xtend Healthcare decides to expand in Tennessee, it sends a clear message about the strong business environment here in the Volunteer State,” said Tennessee Governor Bill Lee. “It’s great to see this outstanding company expanding in Hendersonville and creating 200 quality job opportunities for area residents.”
