Why more nurses are unionizing in Phila.

Nurses Union

Published

Specializes in Vents, Telemetry, Home Care, Home infusion.

Philly area RN's are fed up with cost cutting and bearing brunt of 'do more with less'. Karen

Why more nurses are unionizing in Phila.

"Unions have had some traction in health care, so they view this as an area of opportunity," said hospital consultant Alan Zuckerman, chairman of Veralon Partners Inc. in Philadelphia.

"There is more uncertainty and more financial pressure," he said. Insurance "reimbursement rates are less than inflation. Do the math. If rates are lower and inflation is up, what do you do? You become less economically viable or you cut your costs.

"Anytime you are dealing with a distressed organization, there is probably a track record of attempting to become more viable on the backs of the staff, or at least that's how the union might look at it," he said.

Up Vote Up Vote ×
Specializes in Critical care, tele, Medical-Surgical.

Too bad insurance companies are being so hard nosed when negotiating with hospitals.

...Wednesday's vote comes at a time of increased pressure on hospitals. They are struggling with more hard-nosed negotiations from insurers, flat payments from the government, mounting costs, and new regulations, setting the stage for cost-cutting on the hospital floor...

Read more at Why more nurses are unionizing in Phila.

Top health insurance CEO pay exceeds $10 million in 2014

Heads of Aetna, Anthem, Cigna, Humana, UnitedHealth earn top dollars

The CEOs of the Big Five for-profit health insurance companies all took home at least $10 million in 2014, according to each insurers' annual filings with the Securities and Exchange Commission (SEC). Payer CEO compensation ranged from $10.1 million for Humana CEO Bruce D. Broussard to more than $15 million for Aetna CEO Mark Bertolini. Compensation for the Anthem, Cigna and UnitedHealth CEOs also fell in that range. To be fair, each company performed well in 2014--health insurance stocks hit an all-time high in January 2015 and have continued to climb since then...

Top health insurance CEO pay exceeds $10 million in 2014 - FierceHealthPayer

Up Vote Up Vote ×
Specializes in Pediatrics, Emergency, Trauma.

The corporization of healthcare has started to come full circle...nurses are pushing back.

Up Vote Up Vote ×
+ Add a Comment