Thread regarding Optum layoffs

Optum is Massive!

  1. Optum serves 120 million individual consumers and 80 percent of health plans.
  2. OptumInsights serves 90 percent of hospitals in the U.S.
  3. Optum revenue jumped 11.5 percent in 2019, reaching $113 billion, and the company projects revenue will increase 14 percent in 2020.
  4. OptumInsights revenue was up 11.1 percent to $10 billion last year, and its contract backlog grew 13.5 percent year-over-year to $19.3 billion.
  5. OptumInsights provides data mining services and predictive modeling for more than 250 national, state and local health plans. The technology also applies advanced analytics and deep learning models to optimize clinical outcomes and reduce costs for 240 million people.
  6. Optum 360, the company's business that helps hospitals and health systems improve revenue performance and patient experience, now manages $70 billion in annual billings for unaffiliated customers.
  7. There are more than 5 billion pages of clinical documentation processed by Optum 360's natural language processing engines.
  8. OptumHealth revenues jumped 26 percent to $30.3 billion last year, led by OptumCare, which includes Optum's surgery center business.
  9. OptumHealth served 96 million people in 2019 and increased revenue per customer 26 percent.
  10. Over the past year, Optum added 10,000 physicians to its network. It now has 46,000 physician members and works with more than 100,000 physicians, practices and other care facilities.
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| 2371 views | | 12 replies (last February 25, 2020) | Reply
Post ID: @OP+13nCu1lB

12 replies (most recent on top)

Got notice today - grade 23 and will be involuntarily transitioned to a grade 22 telephone jockey (isn't going to happen).

Specifically told that that it was due to financial impacts.
all while the company continues to pull down year over year, quarter after quarter RECORD PROFITS.

they've cut too deep - they've hit the juglar - company is going to bleed out - they can replace people offshore - but they wont get people who care.

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Post ID: @jsqq+13nCu1lB

Jobs or real employment.

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Post ID: @cuki+13nCu1lB

Jobs are NOT at an all-time low genius, unemployment is at an all-time low! There are plenty of jobs out there!

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Post ID: @bfal+13nCu1lB

Was this a US corporate lackey?

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Post ID: @8yoz+13nCu1lB

Why america Failed by Morris Berman

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Post ID: @1sbv+13nCu1lB

There are many people with Optum jobs that don't even do anything- A LOT of jobs i am learning- i say cut that garbage out and funnel more of that funding to the right place to really make a difference.

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Post ID: @wrt+13nCu1lB

Perfect display of lacking compassion to boast while families are hurting... Optum will face Karma in time. Look at all the families they have destroyed with more coming today

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Post ID: @qim+13nCu1lB

This is corporate HR posting to cheer us up... Pumping us up...

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Post ID: @vrq+13nCu1lB

This feels like the State of the Union last night - unemployment at an all time low and salaries are surging. Right, I’ll remember that if I’m lucky enough to survive this round and collect my .5% raise this year.....

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Post ID: @jug+13nCu1lB

Wear smiley shirt and sing the happy song with the corporate lackeys

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Post ID: @nul+13nCu1lB

forgot number 11.
they don't care about there IT folks.. all about the numbers

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Post ID: @cun+13nCu1lB

And what is your point

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Post ID: @zcy+13nCu1lB

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