MedAssets to cut 180 jobs by end of the year: 4 insights

MedAssets is planning to reduce its workforce by 180 positions, according to a Staffing Industry Analysts report.

Here are four insights into the layoff plan.

1. The healthcare performance improvement and revenue cycle management company plans to cut the full-time jobs by the end of the year.

2. The layoff will account for 5 percent of the company's total workforce, according to the report.

3. The job cut is part of a larger cost reduction program, which is expected to save MedAssets $21 million.

4. The company also intends to eliminate a number of open, full-time positions, reduce expenses unrelated to its employees and close an office location, according to the report.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars