Medica attributed the cuts to a worsened financial picture last year. A Medica spokesperson told KARE 110 employees were laid off Thursday, and an additional 140 open positions that will remain vacant.
The job cuts come three months after Medica eliminated approximately 100 jobs, after dropping a contract to manage Minnesota’s public health insurance programs.
More articles on leadership and management:
Survey: 54% of physicians concerned about FDA nominee Dr. Scott Gottlieb’s conflicts of interest
6 tips for working with someone who isn’t a team player
Alice Hyde Medical Center in rural NY to eliminate 32 jobs
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.