Editor's Note The U.S. healthcare sector is projected to experience a shortage of 100,000 workers by 2028, according to an August 29 report by Mercer. This shortfall is expected to affect key roles such as nursing assistants, nurse practitioners, and specialized primary care physicians. Nursing assistants are projected to have…
Editor's Note Data from Fitch Ratings indicates hospital wage inflation is “leveling off,” Becker’s Hospital Review reported September 9, calling the report “good news” amid continued payroll increases and labor shortages. According to Becker's, key takeaways of the data include: Year-over-year average hourly earnings growth for hospital employees dropped 3%…
Editor's Note Healthcare employment in the US rose by 31,000 from August to September, according to the latest report from the Bureau of Labor Statistics (BLS), released September 6. That is compared to an overall monthly gain of 142,000 in August. Healthcare employment also trended up in ambulatory healthcare services,…
Takeaways • Surgical volume continues to increase for most organizations. • Staffing remains a challenge, although some parameters, such as recruiting and turnover, have improved slightly. • Filling an open RN position takes an average of 77 days, and filling a surgical technologist position takes an average of 120 days.…
Editor's Note A bill in California that aims to increase oversight of private equity healthcare investments is receiving support from consumer advocates, labor unions, and the California Medical Association and opposition from hospitals worried about losing funding sources, the Los Angeles Times reported August 9. Sponsored by Attorney General Rob…
Editor's Note Extensive training and lower wages lead healthcare workers to accrue more debt than those in other industries, according to a recent analysis published in JAMA Health Forum. Findings were based on 2018-2021 data from U.S. Census Bureau’s Survey of Income and Program Participation. According to an August 5…
Editor's Note Healthcare employment in the US rose by 55,000 from July to August, according to the latest report from the Bureau of Labor Statistics (BLS), released on August 2. The gain is similar to the average monthly gain of 63,000 over the prior 12 months. In July, employment also…
Takeaways • Compared to 2023, the percentage of respondents reporting an increase in open positions for RNs and STs, as well as increased turnover for RNs, remained stable, but fewer reported a drop in ST turnover. • The percentage of respondents reporting hiring more managers set a 9-year record. •…
Editor's Note Heightened demand has made nursing lucrative relative to other professions, especially since the COVID-19 pandemic, according to a May 9 report from healthcare job marketplace Vivian Health. Based on the firm’s proprietary salary data as well as information from the Bureau of labor Statistics, Vivian estimates registered nurses…
Healthcare employment in the US rose by 49,000 from June to July, according to the latest report from the Bureau of Labor Statistics, released on July 5. That is compared to an overall monthly gain of 206,000 in June. In June, healthcare employment also trended up in: ambulatory healthcare services…