UnitedHealthcare expands headquarters: The Minnetonka, Minn.-based payer purchased a 34,000-square-foot office building for $2.85 million and a $3 million building in the Opus Business Park.
BCBS Illinois parent company downsizes: Health Care Service Corp. slashed 25 percent of its office space as it embraces hybrid work schedules. The Chicago-based company will move within suburban Downers Grove from a 177,000-square-foot space to a 133,000-square-foot building.
Humana sends thousands of employees back to the office: The payer sent thousands of employees back to its Louisville, Ky., headquarters March 16 after a two-year hiatus.
Bright Health lays off 5 percent of its workforce: The Bloomington, Minn.-based payer announced it would lay off 150 employees to improve operational efficiencies following reported losses over the past year despite membership growth.
Roundstone Insurance plans major growth: The Lakewood, Ohio-based payer announced the construction of a $16.5 million, 65,000-square-foot headquarters in suburban Cleveland. The 100-person company aims to double in size over the next five years.
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
