Kentucky beginning to reap benefits of healthcare jobs as overall industry hiring rises

Kentucky officials say the state is starting to see the benefits of the emerging healthcare industry as the sector remained a bright spot in an otherwise less-than-stellar jobs report.

Mayor Greg Fischer recently announced that one of three companies selected by Kentucky as a service provider to Medicaid recipients will set up its headquarters in the Jefferson County.

According to the Courier-Journal, CoventryCares will locate its new office at the Hurstbourne Green Corporate Campus, a move that's expected to create approximately 120 new jobs with average annual salaries in the $50,000 range.

The company told the news agency that it will be looking for skilled workers in healthcare management, hospital contacting and finance.

Meanwhile, the overall jobs report found the healthcare sector still faring well, despite a downward trend in June 2011.

Fierce Healthcare reports that the sector saw the biggest gains in ambulatory health services. The industry grew by more than 14,000 jobs in June, including at hospitals, nursing homes and social services.

The Council of Economic Advisers said that healthcare jobs continue to grow faster than the demand needed to replace the positions that were lost in the downturn.