300 JOBS will be lost with the closure of Carelon Global Solutions Ireland in Castletroy.
The company, based in Limerick since 2021, said that “after carefully considering alternatives and conducting a consultation process with employee representatives” it had made the difficult decision to cease operations.
“The process to close operations will occur over the course of the next several months, and we expect it to be completed by the end of 2025,” a spokesperson said.
“We greatly appreciate the work and dedication from associates in Ireland over the past few years and are committed to supporting them during this time,” the company added.
Reacting to the news this afternoon, Limerick Chamber CEO Michelle Gallagher said that it is “our understanding that the decision was taken for commercial reasons in the group US head office, and has no reflection on the fantastic team in Limerick, or indeed on Ireland or the Midwest as a location for ease of accessing talent or doing business.”
“Our priority now is to support the highly skilled Carelon staff affected by this move and ensure they are given every opportunity to remain in the region, where their talents are in high ย demand”, she added.
Formerly known as Legato Health Technologies, Carelon provides digital integrated solutions for the healthcare industry, and is involved in information technology solutions, data analytics and business process systems.
Concerns had already been sparked earlier this year over for the future of the company.
Carelon also has a presence in India, the Philippines and Puerto Rico.
It is part of the larger Elevance Health group which owns a number of health organisations involved in the commercial and medicare areas, including the Anthem Blue cross and Blue Shield company, and the Wellpoint company.
