There’s a division-wide Revenue Cycle meeting on Friday, June 6th with “updates” on the division. What are the odds RCM is next on the chopping block?
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New round of lay-offs on 2/9/2026...here we go again:(
Yep..Not the first time this has occurred and will not be the last! It is a cycle they perform at least every 12 to 18 months
Not the first time this has occurred and will not be the last! It is a cycle they perform at least every 12 to 18 months
Anyone knows how many employees the company still have so far?
Which product or group was most impacted?
They just had a large layoff on 11/13/25. Some employees had been 20-25 years.
The McKesson purchase didn’t help. Many bloated product teams with poor leadership draining profits from other products. Most of those sold to Harris.
@9tg
I can't really remember the name of the company when Tom Skelton was running it, but it was pretty corrupt then.
Holding a job fair when nobody was hiring, including Medic/Misys, or whatever.
Call it corrupt, call it smoke and mirrors, whatever it was, it wasn't honest.
@99v - I beg to differ. When the company was Medic, @John McConnell, @Eddie Fergusion, and @Eric Sellers, were fair to everyone. They appreciated the employees and gave folks the opportunity for promotions. We all enjoyed working there and never felt threatened by a lack of sales or a lack of opportunity. We were a well-oiled machine! Fast forward to the MIsys days, and overall, it was a positive experience. It was not until Allscripts merged with Misys and took over the company that the company started falling apart. We had some great managers at Allscripts, but their hands were tied by upper management, and they were lied to just like the rest of us. Unfortunately, the company got to the point it could not fairly compete, and upper management was only interested in protecting their interests, not those of our customers or the worker bees that did the actual work.
The upper management has always been corrupt.
That has been the case since the company was named Medic.
It really has nothing to do with the finance or development departments.
It has nothing to do with the software.
It has nothing to do with layoffs.
What actually was labled a cost center in allscripts? Was it standard allscripts accounting principals for cost centers to report their revenue? Currious on how much revenue HR, IT, and the group some "financial wizzards here just pointed out. Accounting. Reducing expenses is not revenue generating. Thank you for shedding light on what many here believed was corruption vs total incompetence. It now looks like the former.
I think so.
@882 looks like they are just doing a bitter rant.
Is that what this site is for or it to share information about layoffs?
@882 does not understand FP&A. Cost centers report revenue and expenses, Accounting and Finance roll it up and resolve discrepancies. Cooking the books happens when management input fraudulent numbers into various systems so that they roll up and balance. It can take months before the systems recognize an imbalance.
There is no doubt some version of this scenario was playing out by someone(s) compensated by budget performance. Most likely by those who’s products were slated for M&A. Majority of SKUs sold to Altera were unprofitable.
@882
I don't believe it is saying that at all.
It is a really short post. Try reading it again.
I take it you were told to take a hike. I wasn't. I left on my own.
I believe the text you are responding too is saying a corporate wide systemic failure due to a level of incompetentancy or lack of integrity is/was present. Any financial group "unable" to report it's numbers accurately reflects this. You claim you worked on finance side, how did you miss this? Did you not see it happening?
We're to told to "shut up and do as I say"
Did you follow up on why numbers being reported differed from what your group calculated?
As for development, they were are littered with other groups failures, none deveopler leadership many many levels of sheer incompetency.
I've worked for Veradigm accounting and software development, and the two have very little to do with each other, as would be the case with any software company of size.
They are not using their own software in the accounting department.
I'm guessing you don't know much about the company to make a comment like that.
I don't normally defend Veradigm, but that statement is unfair and just plain ignorant.
Allscripts could not manage their own finances. Why would anyone think they could write financial management software??
@795 - Veradigm was delisted from the Nasdaq stock exchange in February 2024 due to non-compliance with financial reporting requirements. We first became aware of the company's inability to reconcile its financial numbers in the fourth quarter of 2023. Still, we had suspected that the reports had been misleading for some time before that. It is a sad situation for the current customers and the employees who are still with the company.
@tb He-l, what is it, two years? And they still can't state their audited revenues.
How in the world is it possible to not be able to state your revenues?
Who were the auditors under PB and RP that didn't catch this sc--wup?
@2fk Led by a group of EFMs, the executive team is essentially the same as it was under Allscripts, except they brought in the PF CEO as the Interim CEO -- there is no real CTO driving innovation -- just a bunch of sales wonks who want to collect their stock bonuses just like the previous CEOs did.
Moral is in the cr-pper because they know the CHR is the same one they had under Allscripts, and they remember all the bad decisions that were made there.
So yah, if you work at Veradigm, it is only a matter of time before your team is decimated by the incompetence of the executive team
@OP When your executive team includes someone who was responsible for selling opi--ds for the Sackler, don't expect: ethics, morals, or a sense of right and wrong.
Has anyone seen the cobra rates. It is clear that veradigm never gave a sh-t about its employees
@1hj overall number more like 175+, most of which were in the US.
About 1 in 25 employees let go.
If I were still there I'd be actively looking to get out.
The cycle continues!
All the people who got laid off were handed a photo frame containing a list of how much money PB and RP made over the last 15 years compared to average worker bees. Also, notified that they were brainwashed to believe that the company’s motto was “All In” when actually “All Out” was always the focus. Finally, anyone who ever thought the company name should have been changed from “Allscripts” to “Allshits” should consider themselves “a hero”.
Let’s hope offshore support does not go viral.
@1hj almost 31 years in the tech support side was off Friday so hot my notice today. I remember years ago clients only wanted to speak to someone in the US. I don't think they will last much longer at the current rate of attrition
Yeah I got axed friday with zero notice along with 75+ people. We were told they decided to "expand business in india" i.e. cheaper labor that su-ks. Most of my job was to monitor and provide oversight to their shoddy work and take the heat from clients. This will be the end of rcms with veradigm. All my previous clients will leave asap.
@16x stateside lower level RCS positions (AR, billing coordinators, payments, etc) got absolutely wrecked. At least 40+ people gone. All those jobs are probably going to India. A few lower level managers were axed. Upper level management and India are fine, of course.
@OP anyone know the areas impacted and amount of employees laid off?
@130 It happened bud
@130 layoffs. Don’t know numbers yet but enough that it’ll be noticeable workload wise.
Friday and nothing happened?
Correlating this company with positive revenue anything is a STRETCH.. best of luck for all who remain.
Veredigm revenue cycle mgm synonymous with "the cr-pper". Flush.. plunge flush.
Sold?