Sage Software trims workforce by 235 in corporate restructuring

Healthcare software provider forced to downsize in troubling market. Source: Sage Group

Sage Software Healthcare has cut approximately 235 employees from its workforce of 1,700, as part of a restructuring to streamline processes, increase productivity and mitigate the impact of the current economic climate on the company.

Services and support are being offered to the employees affected by the restructuring, the company said.

In April, the Tampa, Fla.-based company implemented a new account management model, allying customers with a single Sage Software resource to service most of their needs. As part of the restructuring, many cross-functional, internal electronic data interchange positions – including support and clearinghouse development – will consolidate under a single business leader to increase speed to market and coordinate faster response in support, Sage said.

“These changes will come as no surprise to those who follow our industry,” said Sharon L. Howard, senior vice president, sales and marketing for Sage Software Healthcare. “The CEO of our corporate parent mentioned our ongoing restructuring in his half-year report to investors. There has been considerable streamlining and consolidation among our competitors. We are confident that this strategically sound move will better position us to serve the evolving needs of our customers and the market as a whole, ensuring our continued stability and growth.”