Erlanger Health System employees will be getting two percent across the board raises, employees were told on Monday.
President Will Jackson said in a message to employees, "This will be effective for the pay period beginning February 6, 2022. It will first be seen on the February 25, 2022 paychecks. The exceptions to this increase will include PRN/temporary associates, hourly associates with fixed wages, clinicians with contracts containing productivity incentives, and associates presently on disciplinary probation.
"As you know, this is the third consecutive annual across-the-board raise for associates, and we have made several market adjustments over the past two-and-a-half years as well. This increase is certainly well-deserved and is a continued investment in each of you. Our People are our first priority, and your well-being and professional growth remain essential to Erlanger’s future. I pledge that you will always be our primary focus.
"Please understand that the decision to implement this adjustment requires everyone’s continued attention and effort on operational performance and execution over the upcoming months. We must continue delivering exceptional care and positive financial results to ensure Erlanger’s sustained success.
"Please stay after it – there are better days ahead. God bless."
Erlanger officials said employee costs is one of the highest area of increases at the facility - along with a rise in supply costs.
Salary cost per hour is at an average $39.89 compared to a budgeted $37.58.
Officials said, "Premium differentials were used during the month to enhance staffing resources."
For the quarter that ended Dec. 31, 2021, net income for operations was $11,529,917 compared to a budget of $8,902,158 and prior year of $6,909,250.
Officials said, "During fiscal 2022, Erlanger has received over $14.4 million in additional HHS stimulus funding related to COVID-19. The use of this funding to cover COVID-related expenses is being evaluated and has not been reported as income as of Dec. 31, 2021. For the quarter ended Dec. 31, 2021, Erlanger reported HHS stimulus funds of $14 million."
Admissions were 9.9 percent less than budget and 1.2 percent under prior year. However, admissions for Children's and Erlanger North exceeded budget and prior year.
Total fund balance is up from $350.7 million last June to $365.9 million now.