Optum Insight CEO Neil has stepped down from his Role. what is going on? Leadership keep changing in this company. what is coming up next?
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Is August Calhoun still over the growth department? He came in as a package deal with Neil.
Let's not forget that Neil put CHC in debt by 6 Billion. When Optum acquire CHC they took on their 6 billion dollar debt and paid an additional 8 Billion give or take. Neil is was worthless as a CEO. I guess you make big bucks when your worthless. Neil should've been fired years ago...........
Heard Optum Insight now has plans to sell off their Cardiac/Radiology divisions because of no new business and it's su-king them dry. They never wanted them, it was just they were a part of the deal. CHC Cardiac/Radiology is a poorly design system which in not favorable by many hospitals and clinics across the US. Their "SOLE" intent was to buy the client base CHC had.
Neil was fired, he did not step down. He has done a terrible job and only getting a fraction of his 38M payout.
Looks like they are following the Optum cookbook to the letter. Target company trims down prior to transaction. Deal is done and head of the acquired company gets business segment CEO slot. Next wave of director and above corporate combat begins to lose some more heads of people not drinking the kool aid. Move down and trim some of the bottom people. A few months pass and freshly minted CEO punches out with a wheelbarrow full of cash. Insert new segment CEO controllable crony of UHG CEO. rinse and repeat. Assimilate to the Optum culture of constant restructuring in perpetuity. Oh I forgot there is nobody left to figure out how things work when it comes time to digest all the parts to be merged into some super fancy vaporware product or process. Hide in the chaos and cash the checks as long as you can
Big daddy Neil took his payday. Left the rest of us like hogs for mutilation. Optum doesn’t care about any of us or our clients. Their answer is outsourcing and higher fees. Or letting management railroad you to do more and more because they make changes that make no sense. Then wonder why their name su-ks in the business world.
Probably all part of the plan. Training his replacement for the handover with a semi-trailer full of cash out the door.
The organization is messed up.
Capn Eyebrows did nothing but cut jobs every 3 months. He never built a thing. Emdeon, CHC,CHC2, Optum
He was way over his head hawking newspapers at 10
Neil has probably collected enough on all mergers and acquisitions to buy a Caribbean island for the house
Neil was used to bring all the CHC employees. Now that he is gone, bring out the hatchets. Glad I got out when I could, the acquisition was a total train wreck.
There are no more possible mergers so he is done. He has completed the empire’s expansion across the healthcare universe
Just got the official email. Roger Connor has been appointed CEO
he got replaced by one of witty's buddies at his old job GSK
The email just came out. He’s moving on to other endeavors.
I didn’t see any internal communication on that.
What's next? Neil buys a big house somewhere in the Caribbean.