Tinton Falls Business Named One of Best Places to Work in State

Tinton Falls Mayor Michael Skudera and members of his administration met with the leadership team at MagnaCare to discuss current economic conditions and promote economic development in the borough. They sat down together to discuss the healthcare industry, recent economic conditions, and future plans for business growth and expansion.

Tinton Falls officials also toured the facility and met with employees of the company. Last summer, MagnaCare, a healthcare services company, which is located at 44 West Gilbert Street, opened their main offices in Tinton Falls.

The company works to reduce the cost of healthcare by offering self-insured options to employers with as few as 15 employees in New Jersey and New York.

“MagnaCare is a great company that has made Tinton Falls their home” said Mayor Michael Skudera. “I am happy they are doing well and are looking to expand their operations”.

Last month, NJBIZ named MagnaCare as one of the best places to work in New Jersey. This survey and award program by NJBIZ identifies, recognizes and honors the top places of employment in New Jersey that benefit the state's economy, its workforce and businesses.

The award honors businesses in New Jersey and is made up of 100 companies, which are split into two groups: 62 small & medium-sized companies (15-249 employees) and 38 large-sized companies (over 250 employees). MagnaCare has been named one of the Best Places to Work in New Jersey in the large category by NJBiz.

“MagnaCare is fortunate to be a robust participant in the economic development of Tinton Falls and the State of New Jersey, and takes pride in its role to impact the quantitative and qualitative changes in our economy,” says Joseph Berardo Jr., CEO and president, MagnaCare. “While dedicated to bringing the financial benefits of self-insurance to companies throughout New Jersey, we also focus on developing human capital and corporate infrastructure that have a direct impact on the well-being of local residents.”  

Thomas B. Considine, chief operating officer, MagnaCare, adds, "MagnaCare is excited to have headquarters in Tinton Falls where Mayor Mike Skudera and his team foster a business-friendly environment that benefits the entire community. We will continue to implement strategies for fostering a dynamic workplace, attracting talent, and giving our clients the best possible service.  These are the essential elements for advancing economic development and driving economic growth throughout the region and the State of New Jersey.”

In addition to being honored by NJBIZ, MagnaCare has also received awards by Modern Healthcare as one of the top 100 best places to work in the healthcare field.