Lancaster General rescinds $25 per employee holiday gift amid 'challenging economic times'

Lancaster (Pa.) General Health System, part of Philadelphia-based Penn Medicine, canceled employee holiday bonuses because of rising costs, inflation and "radical changes" in healthcare, according to LNP | Lancaster Online.

 A Dec. 16 memo from John J. Herman, CEO of Lancaster General, stated: "In light of today's challenging economic times, we must make choices that preserve our resources for things that strengthen the care we provide to our patients and our mission. As a result, we have decided to forgo previously announced plans for this year's employee holiday gift."

Employees had been slated to receive $25 gift cards.

Mr. Herman said rescinding the gift cards was a necessary short-term action to focus financial resources on patient care.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars