“Earlier this month, [CEO Sean Lane] announced that Olive would no longer be offering UM solutions to allow the company to strengthen its core area of focus, building automation and intelligence technology for health systems that make their revenue cycle operate more effectively and efficiently,” the spokesperson wrote in an email.
The company also said in October it was divesting its population health and 340B service lines following the loss of two health system clients. Olive laid off 215 employees earlier this month.
The news was first reported Feb. 21 by Axios.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
