A day before planning to picket, union nurses at Springfield, Mass.-based Mercy Medical Center decided on a tentative agreement with parent company Trinity Health. The agreement includes salary increases and a $10,000 retention bonus, the Boston Business Journal reported Oct.…
Compensation Issues
As many nurses and front-line workers go on strike during the staffing crisis, the Washington State Nurses Association laid out several actions Oct. 19 it recommends hospitals take to improve working conditions.
The Medscape Female Physician Compensation Report 2021 published Oct. 15 found male physician specialists earn 33 percent more than female counterparts.
Forty-four percent of employees purchased additional health coverage as a result of the coronavirus pandemic, according to a survey from Aflac.
U.S. hospital and health system workers have been serving nearly two years on the front lines of the COVID-19 pandemic. To recognize these workers, organizations have offered bonus payments during the public health crisis. It has been part of an…
Springfield, Ill.-based Hospital Sisters Health System is increasing its minimum wage to $15 an hour, which will affect about 3,000 employees in Wisconsin and Illinois.
Healthcare price transparency is the key to reducing healthcare costs and increasing employee wages, an act President Joe Biden is proposing in a final federal rule, Cynthia Fisher, founder of patientrightsadvocate.org and ViaCord, wrote in Barron's Oct. 14.
U.S. physicians routinely are seeing their higher-cost claims downcoded by insurers, a strategy a family physician in Cincinnati called a revenue grab, according to Medscape.
Kansas City, Mo.-based St. Luke's Health System is raising its minimum wage to $17.50 an hour and giving all its employees $2,000 "thank you" bonuses, NPR affiliate KCUR reported Oct. 13.
As employers brace for an approximately 5 percent increase in health benefit costs, many are exploring ways to cut costs amid challenges like remote work and a difficult labor market.