Health CareFriday, November 13
Presbyterian lays off 135 more employees, mostly in its health plan
The Daily Rio Rancho team
If you or someone you know works in health care, or has a Presbyterian Medicare plan, this one's for you. Presbyterian Healthcare Services is laying off roughly 135 workers in its insurance and administrative divisions. That's its second big round since the 150 cuts announced this summer. KOB 4 says the layoffs are primarily within the Presbyterian Health Plan. Employees were told Thursday. Some leave right away, while others “will remain for the coming months to support members and complete transition work,” the statement said.
Presbyterian's second round of layoffs is a little smaller than the first
Sources: Albuquerque Journal, KOB 4
View as table
| Value | |
|---|---|
| Summer round | 150 |
| This round | 135 |
- Laid off: about 135, mostly in the health plan
- Not affected: patient care roles in hospitals and clinics
- Offered: severance benefits and career transition resources
- Staying: the Medicare Advantage Dual Plus Special Needs Plan
Presbyterian CEO Rishi Sikka told the Journal in June that dropping most Medicare Advantage plans was meant to stem losses on them, which hit $59 million in 2025. KRQE NEWS 13 also reports that the cuts follow the exit from most Medicare Advantage plans and a decrease in overall membership. Presbyterian called the actions “necessary to support Presbyterian’s financial strength.”
Presbyterian is ending most of its Medicare Advantage plans, which affects 30,000 people
- $59 million
- in Medicare Advantage losses in 2025
- 30,000
- people affected by the discontinued plans
- 13,000
- people staying in the Dual Plus plan
Source: Albuquerque Journal
Sources: Albuquerque Journal, KOB 4, KRQE NEWS 13