Highmark Health, a health insurer based in Pittsburgh, recently made the decision to lay off 47 employees in addition to the 182 layoffs that occurred in March. 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.
The company is focusing on reinventing its 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.
Despite recent 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. Highmark Health is the parent company of Highmark Inc., Allegheny Health Network, enGen, and Helion. Highmark Inc. and its subsidiaries provide health insurance to 6.9 million members in Pennsylvania, West Virginia, Delaware