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3 health systems giving workers bonuses amid COVID-19
Health systems have offered their employees bonus payments in April to recognize their work fighting COVID-19. -
Union seeks hazard pay for University of Chicago hospital workers
A union representing healthcare workers at the University of Chicago Medicine is calling for hazard pay for their members amid the COVID-19 pandemic, according to CBS Chicago. -
Ohio health system cuts hours, pay of 4,100 workers
Cleveland-based University Hospitals will reduce hours and pay by 20 percent for about 4,100 workers not directly involved in patient care, the health system announced April 22. -
Vidant reducing executive, staff pay
Citing financial challenges due to COVID-19, Greenville, N.C.-based Vidant Health said it will reduce compensation for executives and staff through furloughs, salary reductions, and schedule and shift adjustments, effective April 26. -
Northwell gives front-line staff $2,500 bonus
New Hyde Park, N.Y.-based Northwell Health is giving front-line staff responding to the COVID-19 pandemic a $2,500 lump-sum payment and a week of paid time off. -
1 in 5 physicians hit with pay cut or furlough due to COVID-19, survey says
About 1 in 5 physicians have experienced a furlough or pay cut during the COVID-19 pandemic, according to a new survey from physician recruiting firm Merritt Hawkins. -
Yale New Haven Health employees to receive COVID-19 bonus payment
Eligible Yale New Haven (Conn.) Health system employees will receive a payment to recognize their work during the COVID-19 pandemic, according to an internal memo obtained by Becker's Hospital Review. -
60 Texas Children's executives take pay cut
All 60 members of the executive team at Houston-based Texas Children's Hospital have taken a 20 percent pay cut amid the COVID-19 pandemic, the hospital announced April 22. -
Reputational risks linger for execs who don't take pay cuts
Senior executives at hundreds of public U.S. companies have adjusted their salaries as pay cuts, furloughs or layoffs affect non-managerial workers amid the coronavirus pandemic. -
Tenet CEO's pay grew nearly $10M in 2019, mostly thanks to stocks
Ronald Rittenmeyer, the executive chairman and CEO of Dallas-based Tenet Healthcare, saw his 2019 compensation increase more than 62 percent in 2019, boosted mainly by year-over-year growth in stock awards, according to filings with the Securities and Exchange Commission. -
Geisinger execs will donate $250K per month to employee support fund
Geisinger President and CEO Jaewon Ryu, MD, and the rest of the Danville, Pa.-based health system's executive team have volunteered to take pay cuts and donate the funds to an employee emergency assistance fund. -
WVU Medicine CEO, vice presidents take 10% salary cuts
The CEO and vice presidents at West Virginia University Medicine will take salary cuts as the Morgantown-based health system's hospitals face "significant and unsustainable financial strain" due to the COVID-19 pandemic, according to information the health system shared with Becker's Hospital Review April 9. -
Mount Sinai CEO, exec team take pay cuts
The CEO and executive leadership team at Mount Sinai Health System will take pay cuts to help offset the significant COVID-19 costs the New York City-based health system is facing. -
Envision slashes senior leaders' pay in half, will furlough, cut salaries of nonclinical staff
Envision Healthcare said it has cut salaries of its senior leaders in half and plans to cut salaries of nonclinical employees and furlough them. -
CHS executives take pay cut
Franklin, Tenn.-based Community Health Systems' top executives are giving up part of their compensation for the remainder of this year, according to an April 8 filing with the Securities and Exchange Commission. -
Texas Children's Hospital to provide special stipends for employees
About 12,200 employees of Houston-based Texas Children's Hospital will receive a special stipend to assist them amid the COVID-19 pandemic, the hospital's CEO announced. -
Medical staffing company reverses decision to cut pay, benefits for workers
Alteon Health, one of the largest medical staffing companies in the U.S., reversed its decision April 5 to cut pay and retirement benefits for its physicians and other medical workers, according to ProPublica. -
UMass Memorial CEO donates pay; Jackson Health execs take pay cut amid COVID-19
The leaders of two health systems on the East Coast are donating their pay or taking a pay cut to address financial strains caused by the COVID-19 pandemic. -
Partners HealthCare execs: Front-line workers not getting hazard pay
The CEO of Partners HealthCare and presidents from the Boston-based system's hospitals told front-line workers they will not be getting hazard pay during the COVID-19 pandemic, according to Mass Live. -
University of Illinois Hospital, union agree on differential COVID-19 pay for nurses
The University of Illinois Hospital in Chicago and its nurses union have agreed on pay for nurses working during the COVID-19 pandemic.
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