HSS makes $25,000 buyout offer to most of its employees

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HSS makes $25,000 buyout offer to most of its employees

//health-fitness.news-articles.net/content/2025/ .. 5-000-buyout-offer-to-most-of-its-employees.html

Published in Health and Fitness on Sunday, March 9th 2025 at 16:03 GMT by MarketWatch
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Most of the 80,000 federal workers responsible for researching diseases, inspecting food and administering Medicare and Medicaid under the auspices of the Health and Human Services Department were emailed an offer to leave their job for as much as a $25,

Hospital for Special Surgery (HSS) in New York City has offered a voluntary buyout package to most of its employees, excluding physicians, nurses, and certain other staff, as part of a cost-cutting measure. The buyout includes a lump sum payment of $25,000, one week of pay for each year of service, and health insurance for six months. This initiative comes in response to financial pressures from rising costs and the need to adapt to changes in healthcare delivery, aiming to avoid layoffs and reduce operational expenses. Employees have until the end of the month to decide whether to accept the offer.

Read the Full MarketWatch Article at:
[ https://www.msn.com/en-us/health/other/hss-makes-25-000-buyout-offer-to-most-of-its-employees/ar-AA1Azkrw ]