Looks like beginning of end for Gainwell. Any predictions on doomsday when Veritas will piecemeal and sell it to two/three other VCs? Mar 1st 2026?
Most likely it will be before FY26 end ~Feb/Mar 2026.
13 replies (most recent on top)
Gainwell is just one more cog in the machinary for the push to globalization and asset redistribution. Laugh if you will. But when jobs are taken from U.S. citiziens and given to offshore entities, that is asset redistribution.
It's been shown that foreign assets have had and the probabilities are high, will again have access to phi and other personal data. There is no guarantee that data will not end up on the dark web or be sold. And the next scam call received from India could be a result of it.
Of course Gainwell and their legal teams will lie. Because they can't disprove what was alleged in the Bloomberg article.
@wk yes already fix most things. most work not as hard
@p8 Mr C Suite truth is not trolling it’s called news. That you do not appreciate the transparency sounds like there could be something to hide? Yes?
https://www.bloomberglaw.com/product/blaw/bloomberglawnews/bloomberg-law-news/BNA%2000000199ea1cd5a5adfbff9fa1060001?bna_news_filter=bloomberg-law-news
@cv not Gainwell
india can help. fix evrything
@OP Not sure another PE (or even VC) would consider taking "this" on. But, March, 2026 ? It's possible. Sometime in CY 2026? Probable
@p6 It's near impossible to be positive when this company shows no signs of being able to course correct.
@cv Do you work for GWT or just troll forums?
Gainwell has time to make up the 5b$ purchase. There’s still time to remain positive about heading to correct direction.
What do you know?! lol Spill the beans. 🫘
Veritas is PE not VC.
@OP Is GWT the claims processor for MN? Biggest fraud in Medicaid history in news involving foreign actors. Wondering which vendors might have been asleep at the wheel. Wouldn’t think it could possibly be GWT with the touted Fraud Capture guarantee?