Optum layoffs affect teams in Medicare Advantage I-SNP, IE-SNP business

05/06/24 at 03:00 AM

Optum layoffs affect teams in Medicare Advantage I-SNP, IE-SNP business 
Skilled Nursing News; by Zahida Siddiqu; 5/2/24 
Optum is paring back its workforce, including in the parts of the business related to Medicare Advantage plans for nursing home and assisted living residents. ... The recent layoffs at Optum number hundreds of people across various parts of the company, according to multiple news reports. The company is discontinuing its virtual care business, as Endpoints first confirmed. ... Multiple sources have shared that out of a roughly 20% to 30% of a 400-person workforce [in IE-SNP business] has been laid off in this part of Optum. ... The reduction in staff was across the board from senior leaders on the clinical end to low-level employees, industry sources said.

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