The Collapse of Providence Health Plan: Employees Question Leadership's Account
By
By Andrew SchwartzMay 27, 2026 6:00AM PDT
Sesame, salt, and substance. A flagship bake.
Summary
An investigation into the collapse of Providence Health Plan, one of Oregon's largest health insurers. CEO Don Antonucci declined to be interviewed, but over a dozen current and former employees suggest there is more to the story than management has disclosed. The article examines the company's downfall, leadership decisions, and the gap between public accolades and internal turmoil.
Key quotes
· 3 pulledDon Antonucci, the chief executive at one of Oregon's largest health insurance companies, would not give an interview for this story about how that business collapsed.
A dozen-plus current and ex-employees feel there is more to the story than Providence management let on.
In one recent post, Antonucci recalls his positive experience after accepting a dinner invite, despite being quite tired, as evidence of the importance of 'showing up—even when it's not convenient.'
You might also wanna read
UnitedHealthcare Denied 33% of Claims in 2023 While Posting Record Profits, Analysis Shows
UnitedHealthcare denied 33% of all claims in 2023, while its parent company UnitedHealth Group reported $22.4 billion in net earnings and re
Tech Companies Stock Offices with Nicotine Products to Boost Employee Productivity
Tech companies like Palantir and Hello Patient are stocking office vending machines with nicotine products (pouches from startups Lucy and S
Tech Companies Stock Offices with Nicotine Products to Boost Employee Productivity
Tech companies like Palantir and Hello Patient are stocking office vending machines with nicotine products (pouches from startups Lucy and S

How one mother's search for clean prenatal vitamins led to a $250M supplement brand
In 2015, Katerina Markov Schneider, newly pregnant and dissatisfied with the heavy metals and artificial ingredients in available prenatal v
Karex: The world's largest condom maker faces pressure in Malaysia
Malaysia, a historic rubber producer with about 150 years of experience, is home to Karex, the world's largest condom manufacturer. The arti
Karex, the world's largest condom maker, faces mounting business pressures
Malaysia, a historic rubber producer with about 150 years of experience, is home to the world's largest condom manufacturer, Karex. The arti
