Healthcare Recession Statistics

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What to expect in US healthcare in 2024 and beyond

(Just Now) WEBThe fastest growth in healthcare may occur in several segments. We estimate that healthcare profit pools will grow at a 7 percent CAGR, from $583 billion in 2022 to $819 billion in 2027. Profit pools continued under pressure in 2023 due to high …

https://www.mckinsey.com/industries/healthcare/our-insights/what-to-expect-in-us-healthcare-in-2024-and-beyond

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Understanding the Effect of Economic Recession on …

(3 days ago) WEBRegarding “Healthcare effect”, the impact of the recession was observed in unmet needs, pharmaceutical spending containment, reduction of hospital beds, and privatization of services. Conclusion: Austerity policies have contributed to increasing inequalities in the use of health services during the economic downturn.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9276592/

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Could a recession be good for healthcare? Some …

(1 days ago) WEBHow a recession could benefit healthcare industry. Although concerns about a recession this year have declined, the Federal Reserve Bank of New York projected a 71% chance of a recession occurring by May 2024.. Currently, many healthcare organizations, including hospitals and health systems, are facing significant financial …

https://www.advisory.com/daily-briefing/2023/07/25/healthcare-recession

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Is Healthcare Employment Resilient and “Recession Proof”?

(3 days ago) WEBData. We draw data from several sources. Our main independent variable measuring the macro-economic climate, county unemployment rates from 2005 to 2017, comes from the Local Area Unemployment Statistics (LAUS), which the U.S. Bureau of Labor Statistics (BLS) creates using data from the Current Population Survey, the …

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8655443/

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Transformative impact of inflation on the healthcare …

(3 days ago) WEBBy 2025, we expect a gap of 200,000 to 450,000 registered nurses and 50,000 to 80,000 doctors (10 to 20 percent and 6 to 10 percent of the workforce, respectively). 3 These shortages underpin our estimate that healthcare labor cost growth will outpace inflation. We expect clinical labor cost growth of 6 to 10 percent over the …

https://www.mckinsey.com/industries/healthcare/our-insights/the-gathering-storm-the-transformative-impact-of-inflation-on-the-healthcare-sector

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How did the COVID-19 pandemic affect healthcare …

(9 days ago) WEBStarting in March 2020, U.S. consumers experienced major changes in the economy as the nation tried to contain the spread of COVID-19. 2020 marked the first decline in annual healthcare expenditures in a quarter of a century. Exploring changes in consumer healthcare spending components, before and during the onset of the COVID …

https://www.bls.gov/opub/btn/volume-12/how-did-the-covid-19-pandemic-affect-healthcare-spending.htm

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Are U.S. Hospitals Still “Recession-proof”? - The New …

(Just Now) WEBDOI: 10.1056/NEJMp2018846. The U.S. health care industry has often been referred to as “recession-proof.”. Historically, this characterization has held true. During the Great Recession, the

https://www.nejm.org/doi/full/10.1056/NEJMp2018846

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Healthcare Stability Outlook Report: 2022 and 2023 BDO

(Just Now) WEBHealthcare Stability Outlook Report: 2022 and 2023. The same statement resurfaces whenever we face an economic downturn: healthcare is recession proof. Unfortunately, that’s more fiction than fact. Just like other large organizations with workforce, supply chain and other fiscal concerns healthcare organizations are …

https://www.bdo.com/insights/industries/healthcare/healthcare-stability-outlook-report-2022-and-2023

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Is Healthcare Employment Resilient and “Recession Proof”?

(3 days ago) WEBThese factors raise the possibility that the healthcare workforce behaves differently across the business cycle: that the healthcare sector may enjoy some insulation from the factors that cause other sectors to experience expansions and contractions. 15,16 For example, during the Great Recession, employment of Registered Nurses in the …

https://journals.sagepub.com/doi/full/10.1177/00469580211060260

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What are the recent trends in health sector employment?

(5 days ago) WEBIn the past, health sector jobs have been relatively recession-proof. During the Great Recession (from December 2007 through June 2009), for example, health sector employment continued to increase – from 13.1 million in December 2007 to 13.4 million in December 2008, and then 13.7 million in December 2009 – even as most other sectors …

https://www.healthsystemtracker.org/chart-collection/what-are-the-recent-trends-health-sector-employment/

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Current Employment Statistics Highlights February 2024

(5 days ago) WEBCurrent Employment Statistics Summary, February 2024. Nonfarm payroll employment rose by 275,000 in February, above the average monthly gain of 230,000 over the prior 12 months. In February, job gains occurred in health care, in government, in food services and drinking places, in social assistance, and in transportation and warehousing.

https://www.bls.gov/ces/publications/highlights/2024/current-employment-statistics-highlights-02-2024.pdf

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Impact of economic recessions on healthcare workers and their …

(4 days ago) WEBIntroduction During economic recessions, health professionals face reduced income and labour opportunities, hard conditions often exacerbated by governments’ policy responses to crises. Growing evidence points to non-negligible effects on national health workforces and health systems—decrease in motivation, burnout, migration—arising from the …

https://bmjopen.bmj.com/content/9/11/e032972

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Nursing and the Great Recession - U.S. Bureau of Labor Statistics

(7 days ago) WEBThe Great Recession, which began in December 2007 and ended in June 2009, had a devastating effect on the U.S. economy. 1 By October 2009, 10 percent of the American workforce was unemployed. Although the effects of this economic downturn were broad based, influencing employment and wages throughout the national economy, the aim of …

https://www.bls.gov/opub/mlr/2017/article/nursing-and-the-great-recession.htm

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Health Spending Growth: The Effects of the Great Recession

(3 days ago) WEBRecent research makes clear that the Great Recession was an important factor. In work Sheiner presented at the American Economic Association meetings (slides and preliminary paper), she focused on

https://www.brookings.edu/articles/health-spending-growth-the-effects-of-the-great-recession/

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Is Healthcare Recession-Proof? - Health Capital Consultants

(4 days ago) WEBHistorically, healthcare has been generally resistant to economic recessions. 6 In fact, some economists and healthcare analysts view the healthcare industry as recession-proof, because it has acted as a buffer against the normal cyclical business cycle. 7 For example, during the 2007-2009 Great Recession, the healthcare sector actually added

https://www.healthcapital.com/hcc/newsletter/05_20/HTML/RECESSION/convert_healthcare_recession-proof_hc_topics.php

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Health Impacts of the Great Recession: A Critical Review

(3 days ago) WEBAbstract. The severity, sudden onset, and multipronged nature of the Great Recession (2007–2009) provided a unique opportunity to examine the health impacts of macroeconomic downturn. We comprehensively review empirical literature examining the relationship between the Recession and mental and physical health outcomes in …

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4880023/

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Network Meta‐Analysis for Decision-Making - Wiley Online …

(9 days ago) WEBThe books provide statistical support for professionals and research workers across a range of employment fields and research environments. Subject areas covered include medicine and pharmaceutics; industry, finance and commerce; public services; the earth and environmental sciences; and so on.

https://onlinelibrary.wiley.com/doi/pdf/10.1002/9781118951651.fmatter

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Healthcare staffing shortage statistics and the impact on

(5 days ago) WEB96% of survey respondents indicated a lack of qualified workers has a detrimental impact on organizational revenue channels. 80% say turnover in their department ranges from 11 to 40%, much higher than the national average of 3.8%. When healthcare organizations lack revenue cycle talent, they risk missing performance goals.

https://www.experian.com/blogs/healthcare/healthcare-staffing-shortage-statistics-and-the-impact-on-revenue-cycle-management/

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U.S. Fertility Rate Drops to Another Historic Low - Centers for …

(2 days ago) WEBThese statistics and others from provisional 2023 birth data were released by CDC’s National Center for Health Statistics (NCHS). The new report, “Births: Provisional Data for 2023,” analyzes data from more than 99% of birth certificates issued during that year. The report shows a 2% decline from 2022, with 3,591,328 births …

https://www.cdc.gov/nchs/pressroom/nchs_press_releases/2024/20240525.htm

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Governor Phil Murphy • Lt. Governor Tahesha Way

(6 days ago) WEBThe Center for Health Statistics & Informatics (CHS) is a program in the Office of Population Health. CHS is responsible for compiling and releasing statistical information on the health of New Jersey residents. CHS publishes official reports on births, deaths, chronic illnesses, injuries, and behavioral risk factors, among other types of

https://nj.gov/health/chs/

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US 'Sleepwalking' Into Recession As Cracks Form in Labor, Services

(2 days ago) WEBThe US may be 'sleepwalking' into a recession as cracks form in the labor market, top economist says. Jennifer Sor. May 10, 2024, 8:07 AM PDT. Getty Images. The economy is flashing warning signs

https://www.businessinsider.com/recession-outlook-us-economy-job-market-hard-landing-gdp-growth-2024-5

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This recession-forecasting tool has never been wrong - The …

(3 days ago) WEBHowever, any time the Conference Board LEI has surpassed a year-over-year decline of 4%, dating back to 1959, the U.S. has not long after fallen into a recession. Currently, the LEI is down more

https://www.fool.com/investing/2024/05/12/stocks-going-to-crash-forecasting-tool-never-wrong/

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Injury Prevention Science and Firearm Injury in Pediatric Health

(7 days ago) WEBIn this issue of JAMA, Wolf et al 1 found that during the period from 2019 to 2021, the US experienced the greatest increase in all-cause pediatric fatalities (aged 1-19 years) in more than 50 years, with increased mortality disproportionately resulting from preventable injuries. Importantly, the authors identified widening racial and ethnic …

https://jamanetwork.com/journals/jama/fullarticle/2818484

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Healthcare jobs and the Great Recession - U.S. Bureau of Labor …

(5 days ago) WEBWe must also consider the impact of the recession on overall wages. During the 2001–14 period, average wages in both the healthcare industries and the national economy increased. In 2001, the average healthcare worker had a yearly wage of $35,220. By 2014, this wage had increased by 45.6 percent, to $51,276.

https://www.bls.gov/opub/mlr/2018/article/healthcare-jobs-and-the-great-recession.htm

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Our Staff - nwbrhc

(9 days ago) WEBVital Statistics. Marriage Licenses; Marriage Certificates; Birth Certificates; Death Certificates; Consumer and Environmental Health. Good Public Health Grows a Stronger Community. Subscribe Now. Footer. Contact. Northwest Bergen Regional Health Commission. 20 W. Prospect Street, Waldwick, NJ 07463;

https://nwbrhc.org/our-staff/

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Is Healthcare Recession-Proof? - healthcapital.com

(8 days ago) WEBThe U.S. Bureau of Labor Statistics (BLS) forecasted that healthcare occupations would grow at a much faster rate between 2018 and 2028 than the average for all other occupations (14%), with the healthcare sector expected 11 “10 Recession-proof Businesses: 2 Health Care” By Dave Roos, howstuffworks, April 20, 2009, https://money

https://www.healthcapital.com/hcc/newsletter/05_20/PDF/RECESSION.pdf

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Health Problems and Male Firearm Suicide - Hempstead - 2013

(3 days ago) WEBDrawing on constructs of masculinity as it relates to both gun ownership and men's health, we use a rich data set, the New Jersey Violent Death Reporting System as well as hospital discharge Office of Injury Surveillance and Prevention Center for Health Statistics, New Jersey Department of Health, Trenton, NJ, USA. Search for more …

https://onlinelibrary.wiley.com/doi/full/10.1111/j.1943-278X.2012.00123.x

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UK exits recession with fastest growth in nearly three years

(6 days ago) WEBGross domestic product expanded by 0.6% in the three months to March, the Office for National Statistics said, the strongest growth since the fourth quarter of 2021 when it rose by 1.5%.

https://www.reuters.com/world/uk/uk-economy-grows-by-06-first-quarter-ons-data-shows-2024-05-10/

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UK has moved out of recession, official figures show

(8 days ago) WEBThe UK is officially out of recession after figures showed the economy grew by 0.6% in the first three months of the year. The Office for National Statistics (ONS) said the period from January to

https://www.theguardian.com/business/article/2024/may/10/uk-out-of-recession-gdp-economy

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As schools reconsider cursive, research homes in on handwriting's …

(3 days ago) WEBAs schools reconsider cursive, research homes in on handwriting's brain benefits : Shots - Health News Researchers are learning that handwriting engages the brain in ways typing can't match,

https://www.npr.org/sections/health-shots/2024/05/11/1250529661/handwriting-cursive-typing-schools-learning-brain

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Mental Health Action Day encourages communities across the globe

(9 days ago) WEBThe fourth annual Mental Health Action Day is on its way, taking place on May 16. Showtime and MTV entertainment studios gives grants to non-profit organizations working in communities to educate

https://www.wbbjtv.com/2024/05/13/mental-health-action-day-encourages-communities-across-the-globe/

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More than 320,000 children lost a parent to drug overdoses in a

(2 days ago) WEBIn a decade of drug overdoses, more than 320,000 American children lost a parent. Esther Nesbitt lost two of her children to drug overdoses, and her grandchildren are among more than 320,000 who

https://www.npr.org/sections/health-shots/2024/05/08/1249918051/drug-overdose-orphans-opioids-cdc-nida

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UK no longer in recession, official figures show, as 'confident' …

(3 days ago) WEBThe UK economy is no longer in recession, according to official figures. Gross domestic product (GDP) grew by a better-than-expected 0.6% between January and March, the Office for National

https://news.sky.com/story/uk-no-longer-in-recession-official-figures-show-13132609

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UN deaths in Gaza estimate cut in half for women and children

(3 days ago) WEB0:30. WASHINGTON ― The United Nations reduced estimates for the number of women and children killed during Israel's war in Gaza by nearly half, inviting new scrutiny for figures that come from

https://www.usatoday.com/story/news/politics/2024/05/13/un-cuts-estimates-women-children-deaths-gaza/73669560007/

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