The job cuts will affect a few dozen middle-management positions including vice president roles, HCSC’s spokesperson Greg Thompson told Crain’s. The exact number of layoffs wasn’t disclosed. The company has 23,000 employees.
Mr. Thompson told Crain’s the “changes will prepare us to meet new opportunities to best serve our members and will have no impact on member or provider service staffing levels, which increased in 2019 and will continue to expand in 2020.”
The announcement comes six months after HCSC’s CEO Paula Steiner stepped down. This year, HCSC also lost its CFO, CIO, chief human resources officer and board director.
More articles on payers:
Cigna sells group insurance unit for $6.3B
Former UnitedHealth CEO’s insurance company has raised $1B+
Ex-BCBS Association CMO to head up innovation at prior authorization company
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit