Pros
Amazing team Middle Management trying very hard to maintain culture, despite c-suite's best efforts VPs and Directors are disappearing, from lay-offs and people reading the writing on the wall and getting out while the "getting is good" Powerful Product
Cons
Warburg Pincus is pulling the strings and forcing a lay-off. The product started strong and forced the industry to innovate, but now their competitors have upped their game and ModMed is falling behind. The product is being released before it's ready, and important features to stay relevant are being backburnered to chase the new shiny thing rather than making sure the product functions properly. Getting beat by other vendors who are willing to put their money where their mouth is. Claims to be a remote-first company, yet is always pushing for more people in office. The CEO is on the Board of the campus where ModMed is located, So I'm sure there is no connection between his membership on the board at BRiC and his illogical desire to . Not all employees are given Cost of Living Adjustments. By my count about 40 people were laid off on December 26th, 2023, and they already have job postings up for some of those jobs bc employees see the writing on the wall and are heading for the hills. They are ramping up operations in India so domestic RCM layoffs are likely imminent