Gainwell continues to bring on more executives. More C Suite people.
Is this a sign of struggle?
Is it a sign of putting on a good face for the upcoming sale?
18 replies (most recent on top)
Both parties share some culpability. In my experience, the company always said yes to everything the state wanted - anything to generate more revenue, whether or not it was sustainable, or even a good idea. So, the states had some bad ideas, and Gainwell was more than happy to go along with it for a quick buck.
It's all coming to an end, isn't it? Gainwell is losing those old contracts.
100% disagree. Gainwell needs to take some responsibility here. Trying to shift blame to the states is a deflection from where the real problem is.
Those states hired Gainwell for a purpose that they are paying for. And Gainwell isn’t delivering on any level. Look at how many CAPs Gainwell is on right now. Look at all the lost business. Trying to shift any blame to the states is a deflection.
Leadership and the teams under them worked with the States for many years. In many cases the EDS/HP/DXC/etc teams were doing some of the State's work for them. And yes, some of those State teams were not pulling their own weight. That is how the job got done.
Not saying GW is not bad, just saying the states aren’t innocent victims.
Mr Bill
This is a laughable comment. The product is trash. No question about that. But when it’s sold to them the truth isn’t delivered. It’s a carefully scripted speech that is meant to mislead and hide the shortcomings of the product. It’s full of lies and false promises.
Without all of the data states cannot make an informed decision.
Gainwell is straight up screwing them. Taking full advantage of them. Selling them snake oil.
So with all due respect you don’t know what you are talking about.
The States aren’t innocent actors in the MMIS shitshow. They love to talk and talk then finally make a decision and expect GW to perform miracles to get stuff in on time.
Taxpayers are screwed in the end.
Gainwell is heading for bankruptcy unless the sale finalizes first. The leaders are running it into the ground.
Every product they sell is cr-p. Their MMIS has to be the worst on the market.
A decade ago, HP had a strong workforce - some of the best subject matter experts in US Healthcare, and still enough infrastructure to support them. They burned it all up for short term cash. Gainwell couldn't rebuild those products now. The resources are gone.
What is the cr-p product that they should replace to actually be selling something better to the states?
They have multiple products. Which is worst?
It definitely is an unethical company.
Taking advantage of states just because you can squeeze them for money is as unethical as it gets.
Making promises that you can’t deliver just to get the contract is unethical.
Then leveraging that bad contract because it is too expensive for the state to get out of it and find a replacement is unethical.
But the best one is mentally conditioning the employees to think that they are actually doing good and making a difference. Straight up unethical.
I think that dishonesty is finally starting to catch up to GWT. They are starting to lose more business than they are taking in. The customers are starting to get wise to their unethical business practices.
Gainwell has survived by taking advantage of their customers. They don’t deliver. They know that it’s expensive for the customer to drop them so they exploit that.
It’s really sad that they operate that way. Gainwell values are a sham.
They turned 3 today. But not by operating a good honest business. Instead it’s by exploiting customers. And being dishonest about what they can deliver. By selling a cr-p product.
The CEO, the LT, the board, and Veritas Capital.
Who is "they"?
Haha. It doesn’t make you look top heavy.
It makes you look desperate.
It’s so obvious they don't know what to do to get the company out of the gutter.
If you were selling a company you wouldn't be hiring execs. That just makes you look top heavy.
All I know is that they habe restructured so many times over the past three years that I have lost count. They don’t seem to know how to run this company. Constantly shuffling leaders and firing and hiring leaders.
It seems like proof that they don’t know what they are doing.
Is it?