Stadtkrankenhaus Delmenhorst’s Employee Participation Plan Development

Luther advised Stadtkrankenhaus Delmenhorst on the deal.

Stadtkrankenhaus Delmenhorst GmbH is planning to grant the employees of Josef Hospital in Delmenhorst a share in the hospital’s financial success. This was recently decided by the Delmenhorst Town Council.

The Council of Delmenhorst decided at the end of March 2021 that the employees of Josef Hospital should participate in the financial success of the hospital. The first EUR 300,000 of the pre-tax profit is to be distributed in full to the employees. After that, there will be a graduation. The maximum amount is EUR 750,000, which would correspond to about 1.5 per cent of the total payroll. Doctors, nurses and employees from other divisions who hold a full-time position are to each receive EUR 500 tax-free. That amount would be reduced accordingly for part-time positions.

Stadtkrankenhaus Delmenhorst GmbH is breaking new ground in the hospital market with its employee participation plan. According to Axel Jahnz, Mayor of Delmenhorst and Chairman of the Supervisory Board of the hospital, which is operated by the Town of Delmenhorst, this is possible because the hospital is in a good financial position for the first time in years. Jahnz said that it was primarily thanks to the employees’ commitment that the financial situation stabilised to such an extent in the last two and a half years. However, the audit of the annual financial statements is still pending. For the current year, lower revenues are expected due to the coronavirus crisis, which makes a profit-sharing payment unlikely.

Since 2015, the Delmenhorst Josef Hospital has united the former hospitals “Klinikum Delmenhorst” and “St. Josef-Stift Delmenhorst”. As a result of the takeover by the Town of Delmenhorst and in the course of extensive restructuring, the operating company Stadtkrankenhaus Delmenhorst GmbH has now taken on the task of developing a sustainable hospital. With a total of 340 beds and around 830 employees, the hospital forms an integral part of the inpatient care system in Delmenhorst.

The Luther team was led by Dr Oliver Kairies (Picture) and also included Dr Daniel Schubmann, Dr Hendrik Bernd Sehy, Dr Hilmar Rölz and Jens Röhrbein.

Involved fees earner: Oliver Kairies – Luther Rechtsanwaltsgesellschaft mbH; Jens Röhrbein – Luther Rechtsanwaltsgesellschaft mbH; Hilmar Rölz – Luther Rechtsanwaltsgesellschaft mbH; Daniel Schubmann – Luther Rechtsanwaltsgesellschaft mbH; Hendrik Sehy – Luther Rechtsanwaltsgesellschaft mbH;

Law Firms: Luther Rechtsanwaltsgesellschaft mbH;

Clients: Stadtkrankenhaus Delmenhorst GmbH;

Author: Federica Tiefenthaler