Spending Growth on Physician Services Lags

Growth in spending and price trends for physician services is slower than numerous other sectors of healthcare spending

  • Spending for dental services outpaced spending for physician services.
  • Health care employment now above pre-pandemic levels of February 2020, but distribution is uneven.
  • Ambulatory care employment is nearly 440,000 jobs above, while nursing and residential care employment is 270,000 below pre-pandemic levels.
  • Health care wage growth lags behind overall total private sector wage growth.


Altarum. Health Sector Economic Indicators Briefs. Accessed May 9, 2023.