Baylor Scott & White Health said it's giving a $500 bonus to employees in gratitude for their work the last 14 months during the COVID-19 pandemic.
Compensation Issues
Several healthcare companies, including King of Prussia, Pa.-based Universal Health Services, Walgreens and Labcorp, were called out in a new report that highlights the 100 S&P 500 companies with the lowest median worker wages in 2020.
Cigna president and CEO David Cordani sold 62,123 shares of the payer's stock on May 7, according to Yahoo Finance.
The IRS raised the annual limit people with high-deductible health plans can contribute to their health savings accounts.
Baptist Health System in San Antonio is offering new nurses, as well as patient care and lab associates, up to $20,000 sign-on bonuses, the health system said in an announcement about its upcoming hiring event May 11.
Service Employees International Union, which represents more than 1 million healthcare workers, is taking aim at Nashville, Tenn.-based HCA Healthcare for what it calls runaway executive competition in an advertising blitz.
Philadelphia-based Jefferson Health has dropped a policy that linked some physician bonuses to patient referrals to its fundraising office, according to The Philadelphia Inquirer.
Johns Hopkins University and Johns Hopkins Health System, both based in Baltimore, are boosting their minimum wage to $15 per hour, they said May 6.
One in 6 adults remain at jobs they might leave if it wasn't for their health insurance coverage, according to a new poll from West Health and Gallup.
The California Medical Association sponsored legislation that would require health insurers to reimburse medical and dental providers for expenses incurred during the COVID-19 pandemic, according to Kaiser Health News.