Look at the stock price - Anonymous employee Modivcare Employee Review

1.0
Jun 13, 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Fully remote, good benefit structure

Cons

ModivCare stands as a cautionary tale in what happens when a company in a mission-critical industry like healthcare logistics fails to confront its systemic issues. The organization is mired in lawsuits, internal disarray, and a staggering erosion of investor confidence — reflected in its precipitous stock price collapse. But rather than course-correct, ModivCare’s leadership appears to be doubling down on failed strategies, throwing money and personnel at deeply broken systems without addressing root causes. At its core, ModivCare suffers from a complete lack of operational maturity. Its platform — critical to coordinating millions of non-emergency medical transportation rides — is deeply flawed. Billing is consistently inaccurate, frustrating partners, drivers, and patients alike. The result? Widespread distrust and administrative nightmares across the entire service ecosystem. Perhaps most damning is management’s response. Despite mounting evidence of systemic failure, the executive team continues to apply superficial solutions to deeply entrenched problems. Their preferred strategy — overspending on headcount and vendor contracts — has done little more than add complexity to an already disorganized environment. There is no coherent product roadmap, no unified vision, and no willingness to admit that the foundation is cracked. The result is a patchwork of quick fixes rather than long-term transformation. The legal landscape surrounding ModivCare is equally troubling. The company has faced class-action lawsuits and compliance challenges — all while investor confidence has nosedived. The stock price reflects this reality: a stark vote of no confidence from the market. What once held potential as a disruptive force in healthcare coordination is now viewed as a liability. ModivCare doesn’t need more consultants or a bloated org chart. It needs a reckoning. A total overhaul of leadership priorities, technology strategy, and customer engagement models. Until then, the company will remain an example of what happens when denial meets dysfunction — and the costs will continue to be borne by patients, providers, and shareholders alike.

Explore other reviews about Modivcare

5.0
Aug 16, 2025
Recommend
CEO approval
Business outlook

Pros

Remote monitoring , plenty of opportunities to grow, awesome Team and management. Feel included in doing positive things in patient care.

Cons

Not having access to CME funds for clinicians

1.0
Mar 31, 2026
Recommend
CEO approval
Business outlook

Pros

For the most part, teammates are great.... capable, committed, pleasant. The business is doing good in the world, helping elderly and disabled people be healthier and more independent living at home.

Cons

New leaders have been in place since January, led by the Operating Committee Dan Silvers (Chairman of the BOD), Scott McCarty (primary investor and interim CEO), and Alec Cunningham [long-time BOD I think]. They have shared no business strategy, their talent strategy centers on 5-day RTO mandate and Team Commons (be on video 8:30-4:30 with your boss and peers), and their decision making is slower, more opaque, and less sensical than even under the past CEO (not a high bar, fwiw]. Fresh example: 2025 bonuses were supposed to be paid March 13. On March 13, we got an email saying we'd find out by the end of March. Today, on the last day of March, we found out our bonus amounts via email. They're laughably low. Plus, this year being eligible for a bonus means you're *not* eligible for a raise. Basically any salaried person who's been here the past few years through RIFs, Bankruptcy, and daily chaos have gotten literally 0% raises and approximately 0% bonuses.

4
See reviews by: Helpful|Rating|Date|All