Wichita-based health care company to lay off local employees after feds allege fund misuse

Wichita-based Medova Healthcare expects to lay off about 70 local employees this summer, according to a notice the company filed with the state.

Medova Healthcare employs about 100 people in Wichita at 8300 E. Thorn Drive in Wichita, near 37th Street North and Rock. The expected layoffs represent about 70% of its local workforce, according to a letter about the job losses. The business is a third-party administrator of corporate group health benefits.

A majority of Medova’s clients will move to another third-party administrator on July 1, according to the letter.

“Due to these unforeseeable business circumstances, Medova will be forced to make a permanent reduction in force,” the company’s president wrote in the letter to the state.

Read more: https://www.kansas.com/news/business/health-care/article251821578.html