Savannah will lose roughly 155 jobs when a firm handling Medicare claims for the federal government shifts most of its operations to Birmingham, Ala.

Cahaba Government Benefit Administrators has told state officials that firm will shut its doors on the Georgia coast by March 31. It will keep a Georgia satellite office near Atlanta with roughly 30 to 35 workers.

The company's chief strategic officer, David Brown, said the positions are being moved, not cut. The Savannah Morning News reports that the company's employees have been offered jobs in Birmingham or the new satellite office.

Brown said the resulting reduction in costs for office space, utilities, communications and travel will save the firm more than $1 million annually.

Tags: Savannah, Birmingham, Cahaba Government Benefit Administrators