Amid coronavirus, private equity-backed company slashes benefits for emergency room doctors
Some doctors on the front lines of the #coronavirus pandemic could now face yet another hit: a cut to their retirement benefits, bonuses, and paid time off.
WASHINGTON — A private equity-backed health care company is slashing its doctors’ benefits in response to the coronavirus pandemic, even as many of those same doctors work to treat patients infected with the virus.
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
