• Sun. May 19th, 2024

Highmark Health Layoffs: Balancing Growth and Adaptation in Healthcare

BySamantha Jones

May 7, 2024
Pennsylvania health insurance company lays off over 200 employees since March

Highmark Health, a health insurer based in Pittsburgh, recently announced that they have laid off 47 employees, including 11 in the central Pennsylvania region. This is in addition to the 182 layoffs that occurred in March, which included 40 employees in the Harrisburg area. Despite these layoffs, Highmark Health has been actively hiring as well. In 2023, the company hired over 6,100 employees, reflecting a 2% year-over-year growth. They have already hired more than 1,300 employees this year.

The company stated that these layoffs are part of their efforts to transform and adapt to the changing needs of their members and communities through their Living Health model while maintaining financial stability. Highmark Health is focused on reinventing their operations to achieve better patient experience, clinician satisfaction, health equity, and outcomes while lowering costs. They are working to build a workforce for the future by identifying talent gaps, investing in high-demand roles like nursing and utilizing technologies such as AI to anticipate demand and provide value to consumers.

Highmark Inc., a subsidiary of Highmark Health provides health insurance to over 6.9 million members in Pennsylvania, West Virginia, Delaware and New York . The company’s parent company also includes other subsidiaries like Allegheny Health Network , enGen , and Helion .

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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