Payers are trimming their workforces and cutting jobs due to financial or operational challenges, along with contract losses.
Workforce
Humana is taking proactive steps to address burnout and improve engagement for its thousands of employed or affiliated clinicians by focusing on well-being, reducing turnover, and tackling frustrations related to technology and administrative processes, according to the company’s Chief Medical…
Blue Cross Blue Shield of Michigan will lay off 220 employees, the company said in a statement shared with Becker’s. The Detroit-based insurer has eliminated more than 600 positions, it said in a June 12 statement. Of those, 400 were…
Long Beach, Calif.-based Molina Healthcare will lay off 268 employees in Virginia, according to a WARN notice filed May 13. The company is closing its Richmond, Va., office effective June 30. The layoffs come after Virginia decided not to renew…
When medically complex patients require hospital care, they tend to experience longer recovery times than other patients do and are more likely to readmit to the ICU.1,2 Kindred Hospitals, a network of long-term acute care hospitals (LTACHs), is focused on…
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Medicare Advantage insurer Devoted Health has laid off 120 employees, a small percentage of its more than 2,000 employees. “Devoted Health’s recent workforce changes are in line with our ongoing commitment to dramatically improving the health and well-being of older…
Elevance Health’s Carelon is ceasing operations in Ireland and will lay off 300 employees in Limerick, the Irish Times reported May 28. “After carefully considering alternatives and conducting a consultation process with employee representatives, we have made the difficult decision…
UCare will lay off 80 employees, around 5% of its workforce, the nonprofit insurer confirmed in a statement to Becker’s. The move comes as the company faces steep losses. In 2024, UCare reported a $504 million loss, a margin of…
Aetna Medicaid has partnered with the National Alliance for Care at Home and MissionCare Collective to improve home healthcare access and support the direct care workforce in Illinois, Louisiana and North Carolina. The pilot program is funded by Aetna and…
The mean salary for chief executives at health and medical insurance carriers in 2024 was $392,520, according to the Bureau of Labor Statistics. The BLS published updated 2024 employment data on April 2. The mean wage for all occupations across the…