Financial services firm to open facility in Edenton; create 32 jobs

01/21/2014 10:39 AM

01/21/2014 10:40 AM

A financial services company that specializes in the needs of health care providers plans to open an office in Chowan County and create 32 jobs over the next three years.

Gov. Pat McCrory’s office announced Tuesday that Standard Medical Acceptance Corp. plans invest more than $552,000 in the facility in Edenton, about 150 miles east of Raleigh.

SMA is eligible to receive a $156,000 grant from the One North Carolina Fund. The grant requires a local match, and the company must meet investment and job-creation milestones.

The average annual wage for the new jobs is expected to be $63,906, plus benefits. That’s more than double the Chowan County average of $31,646.

New York-based SMA offers a platform for helping health care providers with funding problems. The company will locate its new operations center in Edenton, and will also relocate SMA’s main data processing facilities to North Carolina.

Join the Discussion

News & Observer is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Terms of Service