Blue Shield Of California Lays Off 460
Of the jobs being cut, 152 "are being refilled to best implement our strategy," the company said.
The San Francisco Business Times:
Big California Health Plan Lays Off Up To 460 Workers
Blue Shield of California, one of the state's biggest health plans, has eliminated up to 460 jobs, including about 300 in Sacramento and the Central Valley, more than 70 in Southern California, and close to 80 in its San Francisco headquarters office and other Bay Area outposts. Blue Shield "needed to make changes to its workforce" to keep its affordability in line and improve access, officials told the Business Times Monday, by reducing administrative costs and "ensuring that we have the right talent, skills and capability to deliver on our strategy." (Rauber, 2/29)
In other news, Sutter Health's new HMO is performing "slightly better than we anticipated," its CEO says —
The Sacramento Business Journal:
Sutter Health Says Its New HMO Is Ahead Of Projected Growth
The new health maintenance organization launched by Sutter Health in 2014 more than doubled its membership in 2015, Sutter Health Plus officials say. The nonprofit organization now serves 37,000 people in Northern California. Most are in Sacramento, where Sutter Health Plus launched in January 2014. (Anderson, 2/29)