SkillGigs latest healthcare payment trend series sheds light on the average payment trends for different specialties from January to November 2023. By understanding payment trends of different specialties, you can understand the evolving landscape of healthcare payment rates, we aim to help you make the right decision.
As the healthcare industry continues to undergo transformative changes, understanding payment trends is crucial for healthcare providers, insurers, and patients alike.
ER RN
ER RN rates showed fluctuations, reaching the lowest in February at $54 per hour and then gradually increasing to $63 in November.
The overall change over the period was +$8, suggesting a moderate increase.
ICU RN
ICU RN rates demonstrated variations, starting at $87 per hour in January and then fluctuating.
The overall change over the period was -$24, reflecting a significant decrease.
L&D
L&D rates showed fluctuations, peaking in January at $88 per hour and then gradually declining to $67 in November.
The overall change over the period was -$20, indicating a significant decrease.
Med Surg
Med Surg rates fluctuated, with the highest rate in January $69 per hour and a decline to $59 in October, then a slight increase to $61 in November.
The overall change from January to November was -$6, indicating a moderate decrease.
OR RN
OR RN rates demonstrated fluctuations, starting at $82 per hour in January and declining to $66 in November.
The overall change over the period was -$14, suggesting a significant decrease.
PCU
PCU rates showed fluctuations, peaking in January at $69 per hour and then gradually declining.
The overall change over the period was -$11, indicating a noticeable decrease.
Physical Therapist
Physical Therapist rates demonstrated variations, peaking in March at $74 per hour and then declining to $53 in October, with a slight increase to $55 in November.
The overall change over the period was -$10, reflecting a significant decrease.
Stepdown RN
Stepdown RN rates fluctuated, reaching a peak in January at $78 per hour and then declining to $63 in October, with a slight increase to $64 in November.
The overall change over the period was -$15, suggesting a significant decrease.
TeleHealth
TeleHealth rates exhibited variations, starting at $85 per hour in January and gradually declining to $62 in November.
The overall change over the period was -$22, indicating a significant decrease.
Conclusion
In this edition of our healthcare payment trend series, many specialties experienced a decrease in average rates from January to November, with significant declines observed in ICU RN, TeleHealth, Physical Therapist, and OR RN. Some specialties, such as Med Surg and Acute Care RN, also showed noticeable decreases. ER RN showed a moderate overall increase over the period.