Signature Hospital Corp. to pay $4.7M for lost sick time after merger

Employees at St. Joseph's Hospital and parent company Signature Hospital Corporation on Saturday agreed to an expected settlement over lost accrued benefits. The class-action lawsuit stipulated that Signature short-changed 613 employees when they lost accrued sick pay following West Virginia United Health Systems's purchase of the hospital, now merged into Camden Clark Medical Center, the Parkersburg News and Sentinel reported. Signature agreed to pay $4.7 million to resolve the class-action case, and the employees will be reimbursed 100 percent of their sick pay. Article

Suggested Articles

The profit margins and management of Community Health Group raise questions about oversight of managed care insurers.

Financial experts are warning practices about the pitfalls of promoting medical credit cards to their patients.

A proposed rule issued by HHS on Tuesday would expand short-term coverage, a move Seema Verma said will have "virtually no impact" on ACA premiums.