https://clearhealthcosts.com/blog/2024/09/optum-laying-off-employees-in-the-u-s-and-hiring-overseas/
7 replies (most recent on top)
Right--Optum bought CatamaranRx about 5-10 years ago simply to acquire their proprietary information. They then broke them apart, laid off a bunch of folks, and outsourced a lot offshore. Fun times.
‘I don’t understand why they buy companies (like mine) that were profitable, just to make them not profitable and dissemble them.‘
Because they have something we want. Whether it’s a patent, client list, real estate or whatever.
I’m sure they have the call center in the Philippines now.
I don’t understand why they buy companies (like mine) that were profitable, just to make them not profitable and dissemble them.
Makes no freaking sense. Especially because the services provided are super valuable and proven effective at reducing spend and improving care.
It can’t just be about money- or they would buy profitable companies, and let them continue to be PROFITABLE
just business not unique to healthcare.
This is the ugly truth of UHG, their woke weak leadership can only grow earnings by lowering labor costs. All their other failed innovation initiatives have cost billions and produced little in efficiencies and the India and other offshore staff have resulted in lowered quality. Good thing they are too big to fail, because my stock should be in the toilet!
If anyone quits, their replacement, if allowed, is an offshore contractor.
How can this possibly be good?