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Tidelands Waccamaw Community Hospital is a full-service acute care facility serving Murrells Inlet and the greater Myrtle Beach area, providing family medicine, orthopedics, digestive health, neurosciences, and heart care services. The hospital generates revenue primarily through inpatient and outpatient services, insurance reimbursements, and specialty procedure fees, positioning it as a regional healthcare provider with a strong referral network. With over 200 providers and an estimated 120-180 support and clinical staff, it operates as a mid-sized community hospital integrated within the Tidelands Health system. The hospital’s annual FICA tax savings opportunity from implementing the Employee Benefits Program is approximately $178,500 (based on a midpoint estimate of 150 employees × $1,190 per employee). Benefits decisions are typically made by the Hospital Administrator in collaboration with the CFO and HR leadership, who are focused on controlling labor costs while maintaining quality care. Adopting EBP would deliver recurring monthly savings that could be reinvested into recruitment bonuses for hard-to-fill specialties like orthopedics and neurosciences, directly addressing staffing shortages. Additionally, the savings could fund employee wellness and retention initiatives, improving morale and reducing turnover in high-stress units such as the emergency department and intensive care unit, ultimately enhancing patient satisfaction and competitive positioning in the local healthcare market.
See how much Tidelands Waccamaw Community Hospital could save with the Employee Benefit Program
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