{"id":828,"date":"2020-01-01T08:15:39","date_gmt":"2020-01-01T07:15:39","guid":{"rendered":"https:\/\/healthcareers.co\/?p=828"},"modified":"2024-02-18T13:44:08","modified_gmt":"2024-02-18T12:44:08","slug":"healthcare-statistics","status":"publish","type":"post","link":"https:\/\/healthcareers.co\/healthcare-statistics\/","title":{"rendered":"Healthcare Statistics 2024: Healthcare Jobs on the Rise (Infographic)"},"content":{"rendered":"<p>[vc_row][vc_column][vc_column_text]<span style=\"font-weight: 400;\">It\u2019s one of the basic human rights: high-quality, affordable, and accessible healthcare. But does everyone in the US get it?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the latest <\/span><span style=\"font-weight: 400;\">healthcare statistics<\/span><span style=\"font-weight: 400;\">, there are still many Americans who go without medical care due to rising health-related costs or lack of insurance.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What does it take to improve the healthcare system? First, data and trends need to be analyzed and weaknesses and strengths identified.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That\u2019s where these stats come in. The latest research gives all stakeholders a better understanding of the US health system, paving the way to the best changes and improvements.<\/span><\/p>\n<h2><b>The Top 10 Most Important <\/b><b>Healthcare Statistics <\/b><b>to Take into Account<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The US spent $3.65 trillion on healthcare in 2018.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Health care expenditures account for 17.9% of the US\u2019s entire economy.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">$2.16 billion was spent on hospital care and medical professionals alone.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Administrative costs account for almost 30% of healthcare spending.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">84.3% of US adults had contact with a healthcare professional in 2018.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">30.4 million US citizens didn\u2019t have insurance in 2018, <\/span><span style=\"font-weight: 400;\">health insurance statistics <\/span><span style=\"font-weight: 400;\">indicate.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">17.2% of Americans were covered by Medicare in 2017.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">70% of all Medicare beneficiaries are enrolled in Medicare Part D.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Medicaid covers approximately 20% of Americans.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The healthcare industry is the biggest employer in the US.\u00a0<\/span><\/li>\n<\/ul>\n<p>Take a look at the following infographic and more stats after the jump to get a full grasp on this rapidly growing industry![\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=&#8221;822&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<h2><b>How Much Is Spent on Healthcare in the US?<\/b><\/h2>\n<hr \/>\n<h3><b>1. In 2018, US residents\u2019 healthcare expenditures totaled $3.65 trillion.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Axios)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Healthcare statistics<\/span><span style=\"font-weight: 400;\"> from <\/span><span style=\"font-weight: 400;\">2018<\/span><span style=\"font-weight: 400;\"> show that <\/span><span style=\"font-weight: 400;\">US healthcare costs are the same size as Canada and Spain\u2019s combined GDPs. And if these numbers aren\u2019t upsetting enough, keep in mind that US healthcare spending increased by 4.4% since last year.<\/span><\/p>\n<h3><b>2. US healthcare expenditures account for 17.9% of the country\u2019s GDP.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Statista, Fortune)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Estimates are that healthcare costs will continue to go up, and by the year 2027, healthcare will make up a shocking 19.4% of the country\u2019s GDP, <\/span><span style=\"font-weight: 400;\">US healthcare statistics <\/span><span style=\"font-weight: 400;\">from <\/span><span style=\"font-weight: 400;\">2018<\/span><span style=\"font-weight: 400;\"> indicate.\u00a0<\/span><\/p>\n<h3><b>3. US healthcare costs by far exceed that of other countries in the developed world.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(PGPF, OECD)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The US per capita spending was $11,121 in 2018, a world apart from the OECD average. Switzerland\u2014where healthcare costs per capita are $7,300\u2014is ranked second, while the average for all OECD countries was only $5,300 per person.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sadly, the outcome doesn\u2019t match the investment. <\/span><span style=\"font-weight: 400;\">Healthcare statistics by country<\/span><span style=\"font-weight: 400;\"> reveal that t<\/span><span style=\"font-weight: 400;\">he US actually shows worse results in life expectancy, infant mortality, and <\/span><a href=\"https:\/\/healthcareers.co\/diabetes-statistics\/\"><span style=\"font-weight: 400;\">diabetes rates<\/span><\/a> <span style=\"font-weight: 400;\">than other developed nations that spend less on medical care.\u00a0<\/span><\/p>\n<h3><b>4. $2.16 billion was spent on hospital care and medical professionals alone.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Axios)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Hospitals, doctors, and clinical services accounted for 59% of total costs, a slight increase from 2017.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The cost of prescription drugs, on the other hand, rose to 3.3% in 2018 from 2017\u2019s 0.4%. Still, the largest increase was noted in health insurance spending, which rose 7.7% in 2018.<\/span><\/p>\n<h3><b>5. Administrative costs account for almost 30% of healthcare spending.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Econofact)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Judging by <\/span><span style=\"font-weight: 400;\">health care spending statistics<\/span><span style=\"font-weight: 400;\">, it\u2019s <\/span><span style=\"font-weight: 400;\">safe to describe US spending on the related administrative costs as excessive.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With 15% of all healthcare costs spent on billing and insurance-related services alone and a quarter of the healthcare workforce engaged in administrative tasks, the US spends more on \u201cback-end\u201d functions that direct patient care.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In fact, experts cite this as one of the reasons behind expensive healthcare in the US.\u00a0<\/span><\/p>\n<h3><b>6. A visit to the ER without insurance can cost between $150 and $3,000.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(The Balance, Healthcare.gov)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><span style=\"font-weight: 400;\">cost of medical procedures without insurance<\/span><span style=\"font-weight: 400;\"> can be incredibly high. For instance, <\/span><span style=\"font-weight: 400;\">a bro<\/span><span style=\"font-weight: 400;\">ken leg can generate bills in the amount of $7,500, not to mention more serious injuries and illnesses. For some critical cases, patients can spend $20,000 in the ER.\u00a0<\/span><\/p>\n<h3><b>7. Americans pay an average of $30,000 to stay in the hospital for 3 days.\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Debt.org, Business Insider, Healthcare.gov)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Going to the ER is expensive, but hospital stays are even worse. Data shows that t<\/span><span style=\"font-weight: 400;\">he <\/span><span style=\"font-weight: 400;\">average hospital cost per day <\/span><span style=\"font-weight: 400;\">in <\/span><span style=\"font-weight: 400;\">2018<\/span><span style=\"font-weight: 400;\"> amounted to around $3,949. In addition, some e<\/span><span style=\"font-weight: 400;\">stimates show that the added cost of hospital stays exceeds $384.5 billion a year overall.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So who pays the bill? Medicare pays most of it, or around 46%, Medicaid chips in with 17%, and private insurance covers 28% of the cost.<\/span><\/p>\n<h3><b>8. Heart surgery can cost up to $170,000.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Debt.org)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A hip or knee replacement can set you back $40,364 and $35,000, respectively. The <\/span><span style=\"font-weight: 400;\">cost of medical treatment in <\/span><span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">USA<\/span><span style=\"font-weight: 400;\"> is definitely something to think about.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With basic procedures running up medical bills, as well as the fact that <\/span><a href=\"https:\/\/healthcareers.co\/heart-disease-statistics\/\"><span style=\"font-weight: 400;\">cardiovascular diseases<\/span><\/a><span style=\"font-weight: 400;\"> cost the US over $350 billion annually, the idea of needing surgery is terrifying from a financial point of view.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even with good coverage, there are still out-of-pocket expenses of 20% or higher, as well as additional costs such as anesthesia, medication, and pre-surgery hospitalization. <\/span><span style=\"font-weight: 400;\">No wonder people go bankrupt from medical bills.<\/span><\/p>\n<h3><b>9. Medicaid individual spending increased by 1.1%.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Axios)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition, per-person Medicare spending went up 3.1% in 2018. According to the <\/span><span style=\"font-weight: 400;\">health care facts and statistics<\/span><span style=\"font-weight: 400;\"> from <\/span><span style=\"font-weight: 400;\">2018<\/span><span style=\"font-weight: 400;\">, pa<\/span><span style=\"font-weight: 400;\">tients paid 4.5% more in 2018 under private insurance even though the enrollment rate in private plans stayed the same.<\/span><\/p>\n<h2><b>Access to Healthcare in the US<\/b><\/h2>\n<hr \/>\n<h3><b>10. 87.6% of US citizens had a usual place they could go to for their medical care in 2018.\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(CDC, NCHS)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This percentage is slightly lower than the 88.3% estimate for 2017. On the other hand, 4.8% of US citizens didn\u2019t have access to medical care at all due to the high costs.\u00a0<\/span><\/p>\n<h3><b>11. 84.3% of US adults had contact with a healthcare professional in 2018.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(NCHS)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The US <\/span><span style=\"font-weight: 400;\">healthcare facts and statistics<\/span><span style=\"font-weight: 400;\"> confirm that Am<\/span><span style=\"font-weight: 400;\">ericans are good about going to the doctor.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Estimates for 2018 show that 883.7 million US citizens visited a physician, with over half visiting their primary care physician.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That\u2019s 277.9 visits per 100 patients. The percentage is even higher for kids. In 2018, 93.6% of children in the US had contact with a healthcare professional.<\/span><\/p>\n<h2><b>Health Insurance Statistics<\/b><b> and Facts in the US<\/b><\/h2>\n<hr \/>\n<h3><b>12. 30.4 million US citizens didn\u2019t have insurance in 2018<\/b><b>.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(NCHS, The Commonwealth Fund)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This number remains unchanged from the previous year. However, it has significantly decreased from 48.6 million in 2010 when major changes were introduced in the healthcare system under the Affordable Care Act.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">More people may have insurance today, but 87 million, or 45% of adult citizens aged 19\u201365, were underinsured last year. What does underinsured mean? A person is considered underinsured if their out-of-pocket costs are over 10% of their household income.<\/span><\/p>\n<h3><b>13. Coverage gaps have shortened since 2010.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(The Commonwealth Fund)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Obamacare statistics<\/span><span style=\"font-weight: 400;\"> show that not only has <\/span><span style=\"font-weight: 400;\">the number of uninsured adults decreased since the Affordable Care Act was passed, but 61% of US adults said they\u2019d been uninsured for 6 months or less. In addition, 31% had a coverage gap of one year or longer.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For comparison, in 2012, before major changes were made by the ACA, 57% of US citizens had a gap in insurance coverage lasting for longer than one year.<\/span><\/p>\n<h3><b>14. In 2018, 13.3% of adults under 65 were uninsured, th<\/b><b>e <\/b><b>US healthcare statistics<\/b><b> from<\/b><b> 2019<\/b><b> reveal.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(NCHS)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">68.9%, or 136.6 million US citizens under the age of 65 paid for private insurance, with 4.2% covered by private health insurance through the Health Insurance Marketplace.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">45.8% of those aged 18\u201364 were enrolled in a high-deductible private health plan, an increase from the previous year\u2019s 43.7%.<\/span><\/p>\n<h3><b>15. 41.8% of children had public insurance in 2018<\/b><span style=\"font-weight: 400;\">.<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">(NCHS)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By contrast, only 5.2% of children were uninsured and over half (54.7%) were covered by private insurance, the <\/span><span style=\"font-weight: 400;\">National Center for Health Statistics<\/span><span style=\"font-weight: 400;\"> informs.\u00a0<\/span><\/p>\n<h3><b>16. The number of uninsured adults increased in Ohio from 9.4% to 12.7%.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(NCHS)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The largest disparity when comparing uninsured rates by state from 2017 to 2018 is shown in Ohio, while the percentage of uninsured adults under 65 is more or less the same in other states for that time period.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Texas has the highest rate of uninsured adults: 26.4% in 2017 and 25% in 2018.\u00a0<\/span><\/p>\n<h2><b>Medicare Statistics<\/b><\/h2>\n<hr \/>\n<h3><b>17. 17.2% of Americans were covered by Medicare in 2017.\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Statista, 2018 Medicare Trustees Report)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This translates to 58.4 million beneficiaries of the federal social insurance program, 49.5 million of whom were enrolled on account of age, while the remaining 8.9 million were enrolled due to various disabilities.\u00a0<\/span><\/p>\n<h3><b>18. Total Medicare costs made up 2.9% of the country\u2019s GDP in 2018.\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(2018 Medicare Trustees Report, PGPF)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The previous year\u2019s Medicare expenditures accounted for 3.7% of the GDP, <\/span><span style=\"font-weight: 400;\">healthcare statistics<\/span><span style=\"font-weight: 400;\"> from <\/span><span style=\"font-weight: 400;\">2017 <\/span><span style=\"font-weight: 400;\">tell us.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Faster growth rates are expected for the next 30 years. In fact, Medicare costs should make up 5.9% of the country\u2019s economy by 2048.\u00a0<\/span><\/p>\n<h3><b>19. Medicare Part A covered 41% of benefit payments in 2018.\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Statista, Kaiser)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Medicare Part A, or hospital insurance, covers Medicare inpatient care in a hospital, skilled nursing facility, or at home. Part A is primarily tax-funded.\u00a0<\/span><\/p>\n<h3><b>20. Medicare Part B monthly premiums will go up to $135.50, <\/b><b>healthcare statistics <\/b><b>for <\/b><b>2019 <\/b><b>show.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(CMS, Kaiser)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Medicare Part B covers physician services, hospital services, medical equipment, and other health services not covered by Medicare Part A.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">72% of Medicare Part B funds come from general revenue, while only 26% were supplied by premiums.\u00a0<\/span><\/p>\n<h3><b>21. Out-of-pocket spending for those on Medicare amounted to an average of $5,806 in 2016, <\/b><b>healthcare statistics<\/b><b> indicate.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Kaiser)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Of this sum, around 45% of the spending was on Medicare premiums, while more than half (55%) was spent on medical and long-term care facilities and services.\u00a0<\/span><\/p>\n<h3><b>22. A third of all Medicare beneficiaries are enrolled in Medicare Advantage plans.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(NEJM)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Between 2018 and 2019, the number of Medicare Advantage beneficiaries grew by 1.6 million, or 8%. Both the <\/span><a href=\"https:\/\/healthcareers.co\/job-growth-by-year\/\"><span style=\"font-weight: 400;\">enrollment and growth rates<\/span><\/a><span style=\"font-weight: 400;\"> have remained steady since 2017, <\/span><span style=\"font-weight: 400;\">Medicare enrollment statistics<\/span><span style=\"font-weight: 400;\"> indicate<\/span><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">More and more people, especially seniors, are opting for the Medicare Advantage program due to the extra benefits, as well as the limitations of out-of-pocket expenses.\u00a0<\/span><\/p>\n<h3><b>23. Maine and West Virginia had the highest percentage of Medicare beneficiaries in 2017.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Statista)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">24.1% of the total population of Maine and 23.6% of West Virginia residents were Medicare beneficiaries. What state has the highest number of Medicare beneficiaries?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That would be California, with 5.8 million Medicare enrollees, <\/span><span style=\"font-weight: 400;\">medicare facts <\/span><span style=\"font-weight: 400;\">reveal.<\/span><\/p>\n<h3><b>24. 70% of all Medicare beneficiaries are enrolled in Medicare Part D.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Kaiser)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This means that 45 million people use the Medicare Part D drug benefits. It\u2019s interesting to note that three companies (UnitedHealth, Humana, and CVS Health) cover almost 60% of all Part D enrollees.\u00a0<\/span><\/p>\n<h2><b>Medicaid <\/b><b>Healthcare Statistics<\/b><b> and Facts<\/b><\/h2>\n<hr \/>\n<h3><b>25. Medicaid covers approximately 20% of Americans.<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">(Kaiser)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This amounted to more than 75 million low-income US citizens in 2017. 43% of all these Medicaid enrollees were children, while seniors and people with disabilities made up around a quarter of all enrollees.<\/span><\/p>\n<h3><b>26. Total Medicaid spending in 2018 amounted to $593 billion.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Kaiser, Healthinsurance.org)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">62.5% of expenses were covered by the government, and 37.5% were financed by the states that have accepted the program, <\/span><span style=\"font-weight: 400;\">statistics in healthcare<\/span><span style=\"font-weight: 400;\"> reveal.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To date, 33 US states and the District of Columbia have accepted Medicaid, while at least three are in the process of approving the expansion.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Generous government funding under Obamacare has allowed Medicaid to cover even more citizens from vulnerable groups.\u00a0<\/span><\/p>\n<h3><b>27. Since the expansion, Medicaid enrollment increased by 14.7 million.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(MACPAC)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The highest increases in enrollment rates were registered in the Medicaid expansion states, which ranged from 5.7% in Illinois to a whopping 99.1% in Kentucky.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to <\/span><span style=\"font-weight: 400;\">US healthcare statistics<\/span><span style=\"font-weight: 400;\">, only Verm<\/span><span style=\"font-weight: 400;\">ont noted a decline, which was 4%.<\/span><\/p>\n<h3><b>28. Medicaid almost matches private insurance healthcare facilities in terms of quality and access.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Commonwealth Fund)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A 2017 survey indicates that 91% of Medicaid enrollees have a consistent source of medical care (whereas 93% of privately insured adults and 77% of uninsured citizens have care access).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What\u2019s more, 57% of Medicaid users rated their healthcare services as good or excellent, unlike the 52% of the US citizens with private insurance and 40% of uninsured patients who had positive views on healthcare quality in the US.<\/span><\/p>\n<h2><b>Healthcare Industry Statistics<\/b><\/h2>\n<hr \/>\n<h3><b>29. Healthcare is the biggest employer in the US.\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(The Atlantic, BLS)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2017, health and education services <\/span><a href=\"https:\/\/healthcareers.co\/hiring-statistics\/\"><span style=\"font-weight: 400;\">surpassed<\/span><\/a><span style=\"font-weight: 400;\"> both retail and manufacturing regarding the sector\u2019s total number of employees.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And this isn\u2019t just a passing trend. <\/span><a href=\"https:\/\/healthcareers.co\/\"><span style=\"font-weight: 400;\">Jobs in healthcare<\/span><\/a><span style=\"font-weight: 400;\"> are expected to grow at 14% within the next 10 years.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This means that around 3.4 million new jobs will be created in healthcare and social assistance.<\/span><\/p>\n<h3><b>30. Healthcare industry turnover is the second-highest in the US.\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(NSI Nursing Solutions)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Health care facts<\/span><span style=\"font-weight: 400;\"> in <\/span><span style=\"font-weight: 400;\">2018<\/span><span style=\"font-weight: 400;\"> reveal that hospital turnover was 19.1%, up by 0.9%. The <\/span><a href=\"https:\/\/healthcareers.co\/nursing-statistics\/\"><span style=\"font-weight: 400;\">turnover for registered nurses<\/span><\/a><span style=\"font-weight: 400;\"> increased to 17.2% (the same as in 2015), making this the highest turnover for nurses in the past 10 years.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is a serious issue as every percent change in RN turnover can either save or cost a hospital an average of $328,400.\u00a0<\/span><\/p>\n<h3><b>31. Physicians see an average of 20 patients a day.\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Healthcare Finance News, AAPL)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Typically, physicians spend 51 hours a week working, <\/span><span style=\"font-weight: 400;\">healthcare statistics<\/span><span style=\"font-weight: 400;\"> show. Almost a quarter of that time is spent on administrative tasks and paperwork. No wonder two-thirds of physicians say they feel burned out.\u00a0<\/span><\/p>\n<h3><b>32. Physicians make good money in the US.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(WebMD)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2019, the salaries of physicians went up to $313,000 from $299,000 in 2018 with orthopedists reporting the highest earnings in the field, at an average of $482,000 a year.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They are closely followed by plastic surgeons who make $471,000 annually.\u00a0<\/span><\/p>\n<h3><b>33. More than one in four doctors in the US was born in another country, some of the more <\/b><b>interesting facts<\/b><b> about <\/b><b>health care<\/b><b> reveal.<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">(Reuters)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A 2018 study showed that around 29% of physicians, 24% of dentists, and 16% of nurses were born outside of the US.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What\u2019s more, 20% of pharmacists and over 23% of home health, <\/span><a href=\"https:\/\/healthcareers.co\/mental-health-statistics\/\"><span style=\"font-weight: 400;\">psychiatric<\/span><\/a><span style=\"font-weight: 400;\">, and nursing aides came from other countries.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Experts say that if foreign healthcare professionals weren\u2019t allowed to train in the US, there would be staffing shortages, particularly in low-income areas.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In fact, estimates show that there will be a shortage of 121,900 physicians by 2032, both in primary and specialty care.<\/span><\/p>\n<hr \/>\n<h2><b>FAQ<\/b><\/h2>\n<h3><b>What is the United States healthcare system?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">First and foremost, the US doesn\u2019t have a universally accessible healthcare system. Americans are covered by public and private health insurance with employers paying the biggest share of medical coverage.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Medicaid and Medicare, the two government-funded programs, provide coverage to the elderly and the most vulnerable groups of citizens.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nevertheless, despite expansion in these programs and improvements in the <\/span><span style=\"font-weight: 400;\">United States healthcare system<\/span><span style=\"font-weight: 400;\">, there is still a large percentage of Americans who are uninsured or have no access to healthcare due to high costs. Not only that, but the US health system is falling behind other high-income countries in quality, while costs continue to go up.\u00a0<\/span><\/p>\n<h3><b>Why is US healthcare so expensive?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">One of the main reasons is the burden of administrative costs and the cost of drugs. Actually, the <\/span><span style=\"font-weight: 400;\">health care facts<\/span><span style=\"font-weight: 400;\"> indicate that the US government could save up to $116 billion in 10 years if it provided low-income beneficiaries of Medicare Part D the same prices as other Medicare enrollees.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another factor that drives up costs is the practice of so-called defensive medicine. Lawsuits are pretty common in the US, and doctors tend to order expensive tests just to cover all the bases. This expense, which was estimated at $650 billion in 2010, is paid by all Americans.\u00a0<\/span><\/p>\n<h3><b>What are the sources of health statistics?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Health statistics can come from many sources, such as surveys, medical and vital records, or peer-reviewed literature. Medical records provide data on diagnoses and procedures and help measure and analyze trends. However, they can often be misinterpreted, plus they only offer information on people who have received medical care.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The relevant <\/span><span style=\"font-weight: 400;\">types of health statistics<\/span><span style=\"font-weight: 400;\"> that vital records provide focus on cause of death, which gives professional insight into rare and fatal diseases. Meanwhile, claims data comes directly from healthcare providers and includes a large amount of information that can be analyzed and studied.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All of these sources are important in helping us analyze the past, present, and future of healthcare in the country.\u00a0<\/span><\/p>\n<h3><b>Why are statistics important in the healthcare field?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Health stats are an essential tool in understanding risk factors and devising protective measures. They also help researchers, medical professionals, and patients track and monitor diseases and their impact on certain communities. Last but not least, stats are utilized to evaluate the quality of healthcare and provide the best possible solutions.\u00a0<\/span><\/p>\n<h3><b>How much does the average person spend on medical care?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Healthcare costs for the average US household amounted to almost $5,000 per person in 2018. Compared to 30 years ago, this is an increase of 101%. It\u2019s no surprise that individual healthcare expenditures are rising when it\u2019s estimated that an average US citizen paid around $3,400 on insurance alone in 2018. Even though employers pay for a large share of premiums, the average US citizen still spent $1,242 of their own funds on healthcare last year.\u00a0<\/span><\/p>\n<h3><b>Why is it important to have health care?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The ethical aspect is one of the obvious reasons why providing healthcare to everyone is a must. The entire purpose of medicine is to ensure that people can lead healthy, happy, and productive lives. Which brings us to another point. Having a nation of healthy and able-bodied citizens boosts the economy and is cost-effective, too.\u00a0<\/span><\/p>\n<hr \/>\n<h2><b>Final Thoughts<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">People will always need medical care. This statement has never been truer than today,<\/span><span style=\"font-weight: 400;\"> when people live longer and are more aware of the significance of getting continuous and quality medical attention.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Judging by the latest <\/span><span style=\"font-weight: 400;\">healthcare statistics<\/span><span style=\"font-weight: 400;\">, access to medical care has improved considerably, but more needs to be done to bring the US healthcare system to a more affordable and, frankly, higher level.<\/span><\/p>\n<h3><b>Sources<\/b><span style=\"font-weight: 400;\">:\u00a0<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.cms.gov\/Research-Statistics-Data-and-Systems\/Statistics-Trends-and-Reports\/ReportsTrustFunds\/Downloads\/TR2018.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">2018 Medicare Trustees Report<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.physicianleaders.org\/news\/how-many-patients-can-primary-care-physician-treat\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">American Association for Physician Leadership<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.axios.com\/health-care-spending-2018-hospitals-doctors-drugs-economy-b520930a-0cd9-4c68-9dd1-f31cc08ec264.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Axios<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.bls.gov\/news.release\/ecopro.nr0.htm\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">BLS<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.bls.gov\/ooh\/healthcare\/home.htm\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">BLS<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.businessinsider.com\/most-expensive-health-conditions-hospital-costs-2018-2\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Business Insider<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.cdc.gov\/nchs\/fastats\/access-to-health-care.htm\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">CDC<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.commonwealthfund.org\/press-release\/2017\/new-report-medicaid-provides-equal-or-better-quality-health-insurance-coverage\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Commonwealth Fund<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.debt.org\/medical\/hospital-surgery-costs\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Debt.org<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/econofact.org\/how-large-a-burden-are-administrative-costs-in-health-care\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Econofact<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/fortune.com\/2019\/02\/21\/us-health-care-costs-2\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Fortune<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.healthcare.gov\/why-coverage-is-important\/protection-from-high-medical-costs\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">HealthCare.gov<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.healthcarefinancenews.com\/news\/acp-calls-continued-efforts-reducing-excessive-physician-administrative-burden\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Healthcare Finance News<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.healthinsurance.org\/medicaid\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Healthinsurance.org<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kff.org\/medicare\/issue-brief\/the-facts-on-medicare-spending-and-financing\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Kaiser Family Foundation<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kff.org\/medicare\/issue-brief\/medicare-part-d-in-2018-the-latest-on-enrollment-premiums-and-cost-sharing\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Kaiser Family Foundation<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kff.org\/medicaid\/issue-brief\/10-things-to-know-about-medicaid-setting-the-facts-straight\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Kaiser Family Foundation<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kff.org\/medicaid\/issue-brief\/medicaid-enrollment-spending-growth-fy-2019-2020\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Kaiser Family Foundation<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.macpac.gov\/subtopic\/medicaid-enrollment-changes-following-the-aca\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">MACPAC<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/public.tableau.com\/profile\/tina.norris#!\/vizhome\/FIGURE2_1_0\/Dashboard2_1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">NCHS<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.cdc.gov\/nchs\/fastats\/physician-visits.htm\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">NCHS<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.cdc.gov\/nchs\/data\/nhis\/earlyrelease\/insur201905.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">NCHS<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.nejm.org\/doi\/full\/10.1056\/NEJMhpr1804089\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">NEJM<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"http:\/\/www.nsinursingsolutions.com\/Files\/assets\/library\/retention-institute\/2019%20National%20Health%20Care%20Retention%20Report.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">NSI Nursing Solutions<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/data.oecd.org\/healthres\/health-spending.htm\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">OECD<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.pgpf.org\/blog\/2019\/07\/how-does-the-us-healthcare-system-compare-to-other-countries\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Peter G. Peterson Foundation<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.pgpf.org\/budget-basics\/medicare\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Peter G. Peterson Foundation<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.reuters.com\/article\/us-health-professions-us-noncitizens\/u-s-relies-heavily-on-foreign-born-healthcare-workers-idUSKBN1O32FR\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Reuters<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.statista.com\/statistics\/184968\/us-health-expenditure-as-percent-of-gdp-since-1960\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Statista<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.statista.com\/statistics\/246644\/medicare-benefit-payments-in-the-us-by-type-of-service\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Statista<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.statista.com\/topics\/1167\/medicare\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Statista<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.theatlantic.com\/business\/archive\/2018\/01\/health-care-america-jobs\/550079\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">The Atlantic<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.thebalance.com\/average-cost-of-an-er-visit-4176166\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">The Balance<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.commonwealthfund.org\/publications\/issue-briefs\/2019\/feb\/health-insurance-coverage-eight-years-after-aca\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">The Commonwealth Fund<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.webmd.com\/a-to-z-guides\/news\/20190424\/doctors-pay-up-in-2019-orthopedists-paid-best\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">WebMD<\/span><\/a><\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text]It\u2019s one of the basic human rights: high-quality, affordable, and accessible healthcare. But does everyone [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":830,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false},"categories":[133,135],"tags":[150,147,151,146,154],"acf":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/healthcareers.co\/wp-content\/uploads\/2019\/12\/Healthcare-Jobs-on-the-Rise-Featured-Image.png","_links":{"self":[{"href":"https:\/\/healthcareers.co\/wp-json\/wp\/v2\/posts\/828"}],"collection":[{"href":"https:\/\/healthcareers.co\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/healthcareers.co\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/healthcareers.co\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/healthcareers.co\/wp-json\/wp\/v2\/comments?post=828"}],"version-history":[{"count":7,"href":"https:\/\/healthcareers.co\/wp-json\/wp\/v2\/posts\/828\/revisions"}],"predecessor-version":[{"id":8435,"href":"https:\/\/healthcareers.co\/wp-json\/wp\/v2\/posts\/828\/revisions\/8435"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/healthcareers.co\/wp-json\/wp\/v2\/media\/830"}],"wp:attachment":[{"href":"https:\/\/healthcareers.co\/wp-json\/wp\/v2\/media?parent=828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/healthcareers.co\/wp-json\/wp\/v2\/categories?post=828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/healthcareers.co\/wp-json\/wp\/v2\/tags?post=828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}