UnitedHealth Group to cut 115 jobs in Montgomery County
The health insurer is discontinuing a mail-service pharmacy business that specializes in workers' compensation claims.
UnitedHealth Group Inc. will eliminate 115 jobs at its mail-service pharmacy operations in Huntingdon Valley.
The 1800 Byberry Road operation handles the health insurer’s Workers Comp Rx business line, which is being discontinued, according to David Himmel, spokesman for UnitedHealth Group’s Prescription Solutions pharmacy benefits management unit. That business focuses on workers' compensation claims.
A filing with the Pennsylvania Department of Labor & Industry indicates all layoffs will be completed as of Dec. 1.
Minnesota-based UnitedHealth Group acquired the Montgomery County location as part of its November 2007 acquisition of Fiserv Inc.’s health businesses for $775 million.
Originally called Pharmacy Fulfillment Inc. and founded in 1991, the local mail-service operation was bought by Wisconsin-based Fiserv in August 2004 and operated under its Innoviant Pharmacy Inc. business unit. While no terms were announced, Pharmacy Fulfillment added about $10 million Fiserv’s annual revenue.
Himmel said other mail-service business currently being done in Huntingdon Valley will be transferred to other Prescription Solutions facilities. The Philadelphia-area location will be closed “over the next few months,” he said.