Alteon Health slashes benefits for emergency room doctors citing low patient volumes

Alteon Health, which employs about 1,700 emergency medicine doctors and other physicians who staff hospital emergency rooms across the country, announced it would suspend paid time off, matching contributions to employees’ 401(K) retirement accounts, and discretionary bonuses in response to the pandemic, according to an email obtained by STAT.

The company also said it would reduce some clinicians’ hours to the minimum required to maintain health insurance coverage, and that it would convert some salaried employees to hourly status for “maximum staffing flexibility.” Administrative workers’ pay will be cut 20% and executives’ pay 25%, according to the company’s announcement.

The changes, the company said, are an effort to avoid layoffs. At many hospitals around the country, the coronavirus has forced the cancellation of nearly all non-urgent medical procedures, meaning that hospitals and private physician practices’ revenue streams have been suddenly cut off.

Another day I am grateful I left nursing. Such a shitty field. Risking your life daily to be treated like this. Good riddance. I would not blame healthcare workers for quitting right now and saying they are too ill or exhausted to work.

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