APS Healthcare announced it will lay off 133 employees in Brookfield as a result of the acquisition of the company by Universal American Corp.With all these layoffs, the 47% in Fitzwalkerstan is really about 99.99%.
The staff at 300 N. Executive Drive will be reduced by 65 percent due to the acquisition of APS by Rye Brook, N.Y.-based Universal American. Universal American is consolidating the combined company’s functions.
The layoffs will take place mid-October through June of 2013.
APS Healthcare is based in White Plains, N.Y.
The company was acquired for $227.5 million in March.
APS Healthcare is a provider of specialty health care solutions primarily to Medicaid agencies.
Tuesday, October 9, 2012
The Walker Budget Is Already Working! Part CLI
The Scott Walker success stories keep rolling out:
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Oh we can almost bet that Walker will blame the ACA for this, and then remind everyone why it's "toime" for them to vote for RMoney.
ReplyDeleteWell, I would credit the ACA for all of this. Scooter gets off the hook this time.
ReplyDeleteBut this is a good thing. This is evidence that the cost containment provisions of the ACA are actually having an effect. We all will benefit in the end.