PR on earnings?

https://www.beckershospitalreview.com/disruptors/optum-insight-ceo-out-replacement-named.html?origin=CIOE&utm_source=CIOE&utm_medium=email&utm_content=newsletter&oly_enc_id=6188A0242256G0A

Nothing but lies to boost shareholders confidence. It’s “bl@@dy” $$ with RIFs, offshoring to squeeze cheap labors. It’s easy formula in M&A-

“ Following Optum Insight's merger with Change, the division has seen a 35% increase in revenue year over year. Optum Insight revenue was nearly $5 billion in the third quarter, compared to $3.7 billion during the same period last year. Optum's total revenue in the third quarter was $56.7 billion, up 22 percent year over year.”

Comment! It's anonymous!

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I have a hatred for GSK, they developed a dr-g for lung cancer that my mother participated in a trial. My mother passed as if she had no treatment, and somehow they got FDA approval to sell their dr-g. We were able to uncover the treatment helped 11% of the people in the clinical group. Means the control group and 90% including my mom were not helped. Ever since Witty joined I ignored all his touchy feely BS, he has never even come close to earning my respect, ar--hole! Good thing this is anonymous huh

Ya gotta remember, how this place inflates earnings is by reducing expenses (laying off leaders with no transition or value to the knowledge and their staff as well as outsourcing the jobs at cheaper pay rates) thereby increasing shareholder value. Legacy Change Healthcare continues to lose customers by the dozens. The large customers do not want to do business with United or Optum and they don't want them to have their data.

Yeah, the replacement for the CEO of Change Healthcare was quietly hired approximately six months before they had Neil exit (he's laughing all the way to the bank). It gave the new guy time to learn what he needed to know. He worked with Witty at Glaxo (read up on the fines they encountered during their "visit" at GSK) It appears to be a pattern. They perfected the fleecing model and how to try evade the feds until it all catches up.
Either way, the employees do not win they pay the price. Su-ks!

Thread regarding Optum layoffs

PR on earnings?

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