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