Beckers did a good write up - see below. Call it the business cycle, or the impact of changes in Medicare reimbursement, or post COVID medical cost ratio spikes - this is a trend right now. Disconcerting for those of us that are left, but my heart goes out to all of those that got let go. I’m focused on maintaining positive energy with the teams I work with and not getting caught in the rumor mill.
https://www.beckerspayer.com/workforce/8-payers-cutting-jobs.html