This c suite leadership is so out of touch with the ground that they likely have no idea what is even going on. They are not just eliminating overlap they are shipping jobs to India. Unless your job is required to be in the USA. It will likely be moved just because they can.
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You know, the headline is a good description of Centene. Right down to MFN's 'cubies' remark on another thread, he's out of another time. CNC is playing catch up with UHG, Anthem, Humana, CVS Aetna...and it's too late. Too many undigested businesses and layers of overpaid senior management.
Do not be surprised if the shareholders demand a change at the top after this. MFN should have had a successor and a date to hand the reins over. UHG booted its CEO last week and the issues there were nowhere near that of CNC.
This is true! While I didn't think centene would outsource they are. They have been training people in India to process claims for awhile now.
That’s not true, Centene is not a fan of outsourcing. If anything they have brought vendors in but USA vendors.