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Assurex Health

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Myriad of Problems - Anonymous employee Assurex Health Employee Review

1.0
Jan 21, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Free Soft Drinks Mason Community Center is nice next door.

Cons

Assurex Health was acquired by Myriad Genetics and lost its soul completely. What was an exciting family like Biotech startup is now just a terrible corporate company. Office Environment - If you enjoy rubbing elbows and not being able to concentrate this will be the place for you. You will be cramped in like sardines in a noisy open office environment at the main location or the secondary location in the basement of city hall. (see Glassdoor pics) Culture- The Company promotes a lot of values that they don’t follow. It can be really clique oriented in many departments. Communication is really poor for being a small company. Leadership Team - CEO is too busy promoting herself for awards and her next gig (see Glassdoor pictures) than worrying about the culture of the company. CEO and leadership team took millions on the sale of the company and left all the employee stock options worth nothing. Many of the employees took lower than market salaries because of the stock options they were promised. I am not sure how this meets the Assurex Health value of “Win as a Team.” The Future - The leadership promised and told the city of Mason we would be building a state-of-the-art new building in 2016 for the company that never happened. They downsized a good number of employees at the acquisition in Nov 2016. I would predict the company will likely be relocated to the parent company headquarters in Utah in 2018 after they start to understand the business and can downsize it further and the bonus and executive acquisition stay incentives are paid out at end of 2017. Bottom Line - There are so many better places to work in the Cincinnati area avoid this place.

Explore other reviews about Assurex Health

5.0
Mar 25, 2021
Recommend
CEO approval
Business Outlook

Pros

Great staff and good benefits

Cons

some additional overtime but not too much

2.0
Nov 20, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good location Free membership to the Community Center Myriad's (parent company) benefits are good Product actually helps improve peoples' lives

Cons

Constant confusion and disagreement among leadership Complete lack of vision for the product software No funding for tools, training, and people needed for the demands/requirements given Frequent development emergencies due to speed being valued over quality Promises made, but never fulfilled. Actions never match words. The appeal of working for Assurex Health included working with awesome technology that truly helps people, a large potential for career growth, and a significant monetary reward from an IPO or acquirement. However, what transpired instead was career stagnation (for many) due to poor compensation and lack of training/tools needed for career growth. Likewise, the college tuition, mortgage payoff, and early retirement that was touted by the CEO as things we could do with our stock options turned out to be a couple thousand dollars for employees that were here for 5+ years, while the CEO received millions. People changed their lives by buying/building houses to move closer to this company and accepted well below-market-value salaries because of the promises made by leadership regarding our stock options value. The company lists "People First" as a core value and preaches to always put the patient first, but nearly every decision made and action taken contradicts this value. Processes that improve the quality and experience for our customers are cut in order to get a product out faster that people find frustrating or unusable. Developers are asked to build things as fast as possible, regardless of what processes are in place, before requirements are even decided upon. The reduction in product development staff further sends the message that high quality and enjoyable experiences with our product doesn't matter, and people/patients are not as important as sales and dollars. Why would anyone want to stay?

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