No one is talking about the recent transition of certain departments to Optum.
What do you think will happen in the weeks/months to come and what should those who transition expect?
No one is talking about the recent transition of certain departments to Optum.
What do you think will happen in the weeks/months to come and what should those who transition expect?
@f8h What’s closing in SA? I knew about Kelsey absorbing Houston but haven’t heard about San Antonio
Wellmed is closing in Houston and San Antonio. Another medical group is taking over.
Optum will expect certain volume of patients and if not that office will be closed. Around town you see offices that were once productive now are basically empty
It seemed so unacceptable for Josh to mention in the town hall yesterday how well Wellmed was doing.
@dc7 100% chance more cuts will happen. We are way too diffuse in how the Provider functions within Optum are handled and there is much consolidation to be done.
Wellmed laid off more people on October 30th, does anyone know if more are going to happen? Or are all positions with Wellmed be eliminated by 2026?
Praying big big for those affected. This just bites …
The sale happened in 2011 and it was laid out exactly as it has done except Carlos and Bryan- that was supposed to happen in 2026. More movement to come. Someone asked if they should reapply- IMO- find a more stable company. This isn’t Mom and Pop WellMed any longer. I used to hate that phrase- but it is now a reality. Long time employee- out.
@3nh Was just formally announced
What does SIOS mean in Optum?
@3nh Haven’t seen this anywhere
@3nh can you explain what this means? I’m new to wellmed… who were these people ?
@OP
With the release of GRUNDHOEFER and HERNANDEZ this week, it seems WM is finally being fully absorbed into Optum.
@1de
The facts do not support your comment
Yes the PPOs and other plans that will go away will reduce what is processed and staff cuts will occur but all division should be concerned.
Do you think it will be made an option to try and apply for a new position with UHC? Any time line on when this will be happening?
Wellmed is being de-delegated by UHC as well. That means that all of the Wellmed employees paying claims and processing encounters will be laid off. UHC was also told that this work was coming back to UHC claims but they will not be hiring more people to do it. They are expected to absorb it. May also be true for other areas like auths and provider network stuff, but not sure. It is for sure happening in claims and encounters.
Will claims/network operations be laid off?
@OP what departments have transitioned? And what departments are left?
I did post months ago that well med will be laying off people!
Wellmed was acquired over 10 years ago. It is 91% owned by Optum. Rest is pending sales by the founder and when it does soon, be ready for lots of leader changes. Old timers with nice stock grants will rip their parachutes. If you think it’s bad now, you have no idea. All you have to do is see how IT merged to Optum Tech. Changes are already happening. New/old leaders need to show revenue but CMS rules changes impact business like WellMed. No new products… more shuffling nickel and dimes on the titanic. Good luck all
I thought optum only owned 48% of wellmed? So is wellmed selling all of its business to optum?
@OP Sad that WellMed even chose to not explain to us. Yep…not an oversight. And they wonder why the surveys ding them for lack of communication.
Most of us tributes will be RIFd end of September if not sooner. Optum will not even know who we are by say 30 days or less when they turn in a list for HR.
Cost cutting will only occur if our staff are cut. If your role can be offshored wave goodbye. If your role duplicates one in Optum also wave goodbye. Most of us are dusting off our resumes and moving on. Hunger Games atmosphere and being a pledge is too tiresome. If you can stomach it play this round and see if you get to play again or collect severance.
@OP Most will quit .