Albany Medical Center, RNs settle
Albany Medical Center Hospital has agreed to pay more than $4.5 million to settle its part of a nearly five-year-old lawsuit that accused hospitals in the Capital Region of conspiring to keep down the pay for thousands of registered nurses. The federal class action lawsuit was filed in June 2006 in U.S. District Court against the Albany hospital, as well as St. Peter's Hospital in Albany, Albany Memorial Hospital, St. Mary's Hospital in Amsterdam, and Samaritan Hospital in Troy. The legal action remains against Ellis Hospital in Schenectady. The other area hospitals previously reached settlements in the case. The suit charged the hospitals shared detailed wage information and agreed not to compete for nurses over a four-year period. It said hourly rates paid by the hospitals differed by no more than $1.
- CMS Sets 2014 Pay Rates for Hospital Outpatient and Physician Services
- FDA hopes hospitals will switch to newly regulated pharmacies
- The 5 Biggest Healthcare Finance Trouble Spots
- Not-for-Profit Hospitals Find Opportunity Amid Uncertainty
- Nonprofit Hospital Outlook 'Negative' in 2014
- The Most Polarizing Topics in Healthcare IT
- Are ACOs Really Different from HMOs?
- How CPOE Will Make Healthcare Smarter
- Why You Should Involve Patients in Nursing Handoffs
- Rise of the Chief Strategy Officer