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Altarum today released its new report assessing Virginia’s health care sector and tracking trends in health care spending and employment for 2022. Analyses in the new work compare Virginia’s health spending and employment to national averages, over time,
The latest Altarum Health Sector Economic Indicators show that health care job growth matched its 12-month peak in November, new CMS data indicate national health spending grew by 4.1% in 2022, and increases in utilization continue to outpace health care
The latest HSEI briefs show that personal health care spending continues to outpace GDP growth, hospital prices jump upward as economywide inflation cools, and health care job growth makes up a greater share of economywide job increases.
The latest HSEI briefs show that health sector job growth slowed down somewhat after a brief surge, health care price growth stabilized, and health spending as a percent of GDP fell slightly after new BEA data revisions.
The latest HSEI briefs show that health sector jobs increased by the greatest amount since the initial pandemic recovery, health care price and utilization growth fell slightly, and health spending growth continues to be led by utilization over prices.
The latest HSEI briefs show that health spending as a percent of GDP has stabilized near 17.5%, health care price growth and economywide inflation recently converged, and the health sector added over 60,000 jobs in July.
The latest HSEI briefs show that personal health care spending growth continues to increase due to higher utilization, price growth and economywide inflation slowed in June, and job growth continued at a pace near its 12-month average.
The latest HSEI briefs show that personal health care spending growth exceeds GDP growth for the third month, health care price and utilization growth continue upward trends, and health care adds 52,000 jobs in May, consistent with the 12-month average.