Just before the Christmas holidays last week, the Good Sam Board met for the final time of 2025 and approved the hospital’s budget for the coming year.
The 2026 plan includes a three-percent wage increase for eligible caregivers, set to take effect in April of 2026. Hospital leaders say that amounts to about three million dollars invested in the workforce. The budget also includes a performance-based incentive program for high-performing caregivers later in the year.
President Adam Thacker said, “This investment is about recognizing the people who show up every day for our patients and our community.”
The hospital is budgeting for a one-percent net margin, driven by outpatient growth and increased revenue. For the third straight year, patient charges will not increase.
The budget also includes more than ten million dollars in capital investments, focused on technology upgrades, including patient monitoring systems, interventional radiology expansion, mammography upgrades, and information system improvements.
