Demand for contract labor costs this year should normalize at about 60% higher than 2019 levels

Statistic Info

This is simply because the healthcare industry has been under tremendous pressure due to the pandemic and it is expected that more resources will be required to cope with the demand created by COVID-19. Not only has there been an increased volume of patients, but extra safety protocols have also had a significant impact on healthcare operations.

Author: Healthcare Dive

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Revenue Management

Healthcare organizations will increase their cybersecurity budgets, in some cases by more than 15% compared to 2022

Demand for contract labor costs this year should normalize at about 60% higher than 2019 levels

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An estimated 5 million to 14 million are expected to lose coverage as states resume eligibility checks

63% of CEOs identified inadequate Medicaid reimbursement as a concern

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Smaller party annual revenues exceeded $1 billion in more than 15% of last year’s transactions, coming in just below the previous year’s historic high of 16.3%

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More 2023 Stats

95.7% of patients prefer to receive test outcomes immediately through their patient portals

47% of patients state they would prefer a telehealth appointment if given the option

Almost 90% of Medicare Advantage beneficiaries and Medicare Supplement beneficiaries said they were satisfied with their health plan coverage

In Medicaid expansion states, 9.1% of adults were uninsured in 2021 compared to 18% in non-expansion states

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27% of physicians plan to leave medicine within two years due to physician burnout

78% of uninsured individuals reported never disputing a medical bill with their physician, hospital, or insurance company

77% of patients believe that pharmacists are an integral member of the care team

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The prevalence of mental illness is about equal among beneficiaries enrolled in traditional Medicare (31%) and those in Medicare Advantage plans (28%)