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Health care industry

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Wanted: healthcare workers

Article Abstract:

The statistical figure on the number of required healthcare workers estimated by the Bureau of Labor Statistics is estimated to be around 2.2 million as replacements and 3.1 million for new positions by the end of 2010. Even in the case of nurses, the Department of Health and Human Services estimates that the shortage would touch one million by the end of 2020. Currently the shortage of nurses is most severe in the urban markets and it is contributing to mid-single-digit wage inflation at most hospitals. The hospital industry is taking up required steps to curb the shortage issue.

Publisher: Standard & Poor's Corporation
Publication Name: Standard & Poor's Industry Surveys: Health Care
Subject: Health care industry
ISSN: 0196-4666
Year: 2004
Employment, Administration of General Economic Programs, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Jobs & Employment, Labor Distribution by Employer, Bureau of Labor Statistics, Reports, Statistics, United States. Bureau of Labor Statistics, United States. Department of Health and Human Services

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Industry trends

Article Abstract:

Economic issues concerned with the healthcare industry such as the operation costs, supply costs, are on an upward swing. Medical liability issues concerning with insurance malpractice, increase in the number of insurance claims, the shortage of medical staff, influence of information technology in improving the quality of services and making these services efficient, and the dependency of payment to hospitals on quality service, as introduced by the Centers for Medicare and Medicaid Services (CMS), are also discussed.

Publisher: Standard & Poor's Corporation
Publication Name: Standard & Poor's Industry Surveys: Health Care
Subject: Health care industry
ISSN: 0196-4666
Year: 2005
Government expenditures, Market information - general, Administration of Public Health Programs, Insurance agents, brokers, & service, Health Care Financing Admin, Claims Adjusters, Claims Adjusting, Health care industry, Supply and demand, Insurance claims adjustment, Claims adjustment (Insurance), United States. Centers for Medicare and Medicaid Services, Government finance, Industry forecasts

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Wanted: healthcare workers

Article Abstract:

The Bureau of Labor statistics figures that 5.3 million additional healthcare workers would be needed by 2010. The nursing shortage was most severe in more highly skilled specialties and in urban markets.

Publisher: Standard & Poor's Corporation
Publication Name: Standard & Poor's Industry Surveys: Health Care
Subject: Health care industry
ISSN: 0196-4666
Year: 2004
Personnel administration, Compensation and benefits, Labor market, Labour market

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Subjects list: United States, Industry Overview, Medical personnel, Forecasts and trends, Market trend/market analysis
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