The former employees claim they are owed money accrued from vacation time and other benefits, according to the report. They say the money allegedly owed could be well into the millions.
LBMC has been closed since it sustained flooding damage from Hurricane Sandy in 2012. Reports from earlier this month indicated the hospital may file for bankruptcy — and, according to Newsday, it may not be able to afford to pay the funds to the disgruntled employees.
“The medical center receives very limited revenue while continuing to incur the cost of maintaining its facilities. Consequently, the medical center does not currently have the financial means to pay all of its employees their accrued vacation time,” hospital officials said, according to the report.
More Articles on Employee Benefits:
Dignity Health Nurses to Rally Over Pension Cuts
Halifax Health to Tie Employee Bonuses to Hospital Performance
St. Luke’s Will Offer Equal Spousal Benefits to Same-Sex Couples
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.