Healthcare IT News April 26, 2024
Optum leaders reportedly shared internally that the company would shutter its sizable telehealth business. Parent company UnitedHealth Group said that it would continue to offer telemedicine and remote care options.
On an April 18 conference call with Optum Everycare CEO Jennifer Phalen, some employees of the company’s virtual care division were told that their last date would be in July, according to a news report this week.
WHY IT MATTERS
UnitedHealth Group, Optum’s parent company, reported more than $1 billion in net losses during the first quarter – which included impacts from the February 21 Change Healthcare ransomware attack and subsequent payment systems outage.
Optum’s provider business employs and affiliates with about 90,000 physicians, according to Endpoints News, which spoke...
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