CareMore adding office space to keep up with rapid growth
CareMore, a Cerritos-based health maintenance organization, is on a hiring binge that will require it to double its headquarters space in March.
The company, which caters to Medicare recipients, has hired 220 employees since September and plans to add as many as 275 more next year, said Dawn Maroney, chief sales and marketing officer.
CareMore has agreed to expand from 60,000 square feet to about 142,000 square feet in a lease valued at about $12 million. The company will grow into space in an adjacent building at 12898 Towne Center Drive, which is owned by Principal Financial Group.
New hires include doctors, nurses, sales managers, office managers and customer support personnel, Maroney said. CareMore is a private contractor paid by the government to serve Medicare recipients through a network of physicians, clinics and hospitals.
“We provide a full spectrum of service to Medicare beneficiaries,” she said. “Enrollment has been so successful in our plan that we need additional staff to support the care and services Medicare beneficiaries receive.”
CareMore was represented in the transaction by Ted Simpson and Scott Steuber of Cushman & Wakefield. The brokerage also represented the landlord.
