Registered Nurse Pay Rates, Salaries and Trends from Jan 2024-May 2024
SkillGigs Money Story is here to tell you all about the latest pay package trends for Travel Nurses. We analyze thousands of bids from over 3000 hospital facilities to Nurses and share the results with you in an easy-to-read format. With SkillGigs Money Story, you can always stay on top of the pay trends and make informed decisions in the SkillGigs marketplace.
Staying up-to-date with current pay rates is crucial for hospitals, clinics, and healthcare organizations, especially for registered nurses working in diverse nursing specialties. This knowledge helps understand changes in reimbursement and will give information about the payment mechanisms for the specialty. The latest SkillGigs healthcare payment trend series focuses on the average payment from Jan 2024 to May 2024 across areas of specialization in the registered nursing profession.
We aim to help RNs and healthcare organizations make informed decisions on claiming payments for their services and responding to the changing dynamics of healthcare payments. Knowledge of the current trends in payment rates and reimbursements helps nurses and healthcare providers demand fair wages, update the new healthcare delivery system models, and secure their financial future. These changes pose challenges to the payment models, which nurses need to understand to appreciate the value of their work.
Acute Care Registered Nurse (RN):
In 2024, the trend fluctuated slightly from January ($54.76) to April ($55.93), followed by a slight decrease in May ($54.38).
ER RN:
In 2024, the expenditure remained relatively stable from January ($58.42) to May ($56.83), with minor fluctuations.
ICU RN:
In 2024, ICU Registered Nurse (RN) average salary decreased from January ($60.12) to May ($55.90), with the most significant drop from February ($61.40) to April ($55.67).
L&D:
in 2024, there is a decrease in salary from January ($62.10) to May ($56.09). The 2024 trend is more gradual and stable.
Med Surg:
In 2024, there is a decline in the Med Surg pay from January ($59.03) to May ($53.16), with fluctuations. The 2024 decline is more consistent compared to the erratic changes in 2023.
OR RN:
The trend shows a steady decline from January ($65.35) to May ($57.21) In 2024. The year 2024 has a more consistent downward trend.
PCU:
In 2024, The trend shows a decline from January ($60.96) to May ($55.23), with some fluctuations.
Physical Therapist:
In 2024, the trend showed a slight increase from January ($52.04) to March ($55.97), followed by a decline in April ($50.09) and May ($51.83).
Stepdown RN:
In 2024, the trend steadily declines from January ($64.08) to May ($54.06). 2024 is more consistent compared to the fluctuations in 2023.
TeleHealth:
In 2024, The trend shows a decline from January ($61.74) to May ($52.50), with a noticeable drop in April ($52.61). The year 2023 experienced more significant fluctuations than a steadier decline in 2024.
Conclusion
These insights empower healthcare organizations and professionals and facilitate adaptation and success amidst industry changes. By remaining vigilant of payment trends, including travel nurse salaries across different specialties, individuals can effectively navigate the changing terrain of healthcare. SkillGigs, an innovative talent marketplace driven by AI, offers access to fulfilling job opportunities tailored to your specific skills and experience. Explore our platform to find the latest lucrative healthcare positions available for you to apply.
