Circulo Health will lay off about a third of its workforce as it narrows its strategic focus.
Going forward the Columbus, Ohio-based startup will be a tech-backed home- and community services (HCBS) provider, mothballing its Medicaid health plan business (its original concept) and its primary care clinic business, reports Behavioral Health Business.
Circulo Health employed about 380 people — 250 worked in the HCBS segment — before Friday’s layoffs. The HCBS segment was not impacted by the layoffs, executives with the company said. The HCBS division, named Circulo Home, serves the intellectual and developmental disabilities (IDD) population in 12 Ohio counties via direct support professionals. Read more.