Devoted Health laid off approximately 120 employees on May 19, 2025, affecting 5% of its 2,460-person workforce. A company spokesperson described the cuts as "normal rightsizing" but they came after revenue and membership declined in 2025 for the first time since launching Medicare Advantage plans in 2018. The company stated cuts were "in line with our ongoing commitment to dramatically improving the health and well-being of older Americans."
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Devoted Health named to Fortune's "Best Workplaces in Health Care" and "Best Workplaces for Women" lists in 2025, and Forbes named it one of "America's Best Start-Up Employers." Nearly 88% of members are enrolled in 4-Star or higher rated plans, with a 2025 weighted average of 4.3 Stars across 15 contracts—above the national average of 3.9.
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Devoted Health — Worker Treatment: SUPPORTED Devoted Health named to Fortune's "Best Workplaces in Health Care" and "Best Workplaces for Women" lists in 2025, and Forbes named it one of "America's Best Start-Up Employers."… https://reciepts.tech/stance/1353