Has anyone heard about possible layoffs at Pathways? They say no layoffs exspected, but a lot off lies have been told already so not sure what to believe???
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Have staff working for Pathways been officially informed? What will happen to the current employees?
Pathways was sold to atar capital.
So the doors are closing at Pathways by the end of September? They are currently creating new positions within the departments. Not sure if they are being used as a clean up process only to be given the boot later??? Keep telling everyone that we are not effected.
Pathways is being eliminated by end of September 2017.
Pathways WILL be affected. Poster above was correct in saying the work can be done by MS and also CM. one medical director has already opted to leave. But just realize behavior health services are always bottom of the barrel to get attention and funding it needs and deserves
Pathways will be affected. Its in the talks now.....insider from the top. No one is safe and Pathways is in the topic. Hope for the best but expect the worst.
Pathways will be eventually eliminated not just downsizing. Especially after "costing impairment charge of $72 million, primarily related to the goodwill and intangible assets of our Pathways subsidiary"
There are co-workers working in pathways that their work is redundant to what our members services they already have in. Molina Pathways indeed continues to waste money within this department.
No one is safe during the layoffs and even more after Molina is sold.
The cuts would impact Molina’s corporate and health plan jobs but not its Pathway’s behavioral health program, according to the memo. The cuts are part of the company’s “Project Nickel”, which chief financial officer and interim chief executive officer Joe White said is part of the company’s future focus of being “exceptionally strategic in doing more with less.”
"PATHWAY will not be affected at all,. "
https://lbpost.com/news/2000011231-molina-healthcare-reveals-it-will-layoff-about-1-400-employees-in-memo-from-interim-ceo
Every department is under review for organizational restructuring/redesign to increase business growth and cost savings. The ongoing RIF will be based on projected performance of business products, work performance analysis, targeted staff ratios, identified operational inefficiencies, and elimination of redundant management/staff roles. Pathways is not immune to the next wave of layoffs. Unless you have read a different version the Q2 2017 transcript transcript, Pathways is not immune to the RIF.
Pathway will not be affected. I have a few friends there and they are doing great and growing.
Exerpts from the Molina Q2 2017 Earnings Results...
SVP Investor Relations:
"...There are also two other items of note that contributed to our second quarter loss. We recorded an impairment charge of $72 million, primarily related to the goodwill and intangible assets of our Pathways subsidiary. As part of the comprehensive review of our entire business, we have determined that the anticipated benefits from Pathways, including its integration with our health plans, will be less than originally anticipated when we closed on the acquisition two years ago...As a result of trying to manage our rapid growth within an infrastructure design for a much smaller, simpler business, we experienced breakdowns in areas like provider payment, utilization management, risk adjustment and information management. The utilization management issues we saw last year in the first quarter of 2016 and the out-of-period claims expenses occurred in this quarter were emblematic of these difficulties, as are the challenges we had faced in adequately measuring our exposure to Marketplace risk adjustment liabilities...To be clear, our Medicaid-based provider network is an important competitive strength in the Marketplace. However, there were other aspects of the Marketplace business for which we were not as well-prepared: member billing, risk adjustment and pricing, to name a few. We have learned much about these activities, but we have paid a price for that learning. We continue to monitor our Marketplace business and remain committed to making tough decisions should they be necessary..."