Things seem even worse over there than they are here. Just go and look at their forum here. It seems to me like we are simply jumping out of the frying pan into the fire. I could be wrong, but I doubt it.
Here's the link: https://www.thelayoff.com/optum I know there's some fancy way to make it clickable but I don't know it. Add it in replies if any of you do.
I hate the idea of becoming part of Optum, health systems and providers view them as a “pariah”, just continuing to gobble up businesses making their existence more and more challenging.
Payers, obviously, aren’t big fans either due to the amount of data UNH will have access to regarding setting rates (providers are NOT happy either).
On top of that, the senior management team will make MILLIONS of $’s, per their “benefit package”! Why do you think the Justice dept and SEC are digging so deeply into this proposed merger? Beyond the obvious anti-competitive issues, the ELT is only grinding thru this for the MONEY! Eliasson is already slated to check out when the deal closes. Beyond NDC, and the ELT folks who are former Optum/UNH employees, more will take their big bucks and wander off to competitors. So many terrific execs have bolted to competitors, which has been happening for months already. Oh, and let’s not forget the dozen or so lawsuits that have been filed since this “glorious” announcement.
Lastly, why is the CHNG stock price $5 below what UNH has offered to pay to acquire them. Doesn’t that seem odd? The alleged geniuses on Wall St. aren’t buying the merger happening, and neither are many hedge funds, mutual funds, private capital nor individual investors.
This whole deal smells bad, which is a stupendous shame, since so, so many folks that are still there that really do want to improve various parts of healthcare. Seemingly, for the benefit for a couple dozen executives, who really don’t need the $’s anyway. (Mike drop!)
Be ready for the good old boys club. Micromanaged to point of how many clicks per minute you make. Starts off status quo before you know it long hour overwhelmed and not appreciated. Very much you can be replaced environment