SkillGigs is back with the healthcare payment trend series. In this edition, we delve into the average pay trends for different specialties for the month of August. By offering valuable insights into the ever-evolving landscape of healthcare payments, we aim to help you in taking 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 Payment trends
ER RN rates started at $62.76 in the first week of August and decreased to $60.88 by the third week. The rates showed a decrease of 3.01% during August.
Summary: Payment rate for ER RN experienced a slight decline throughout August, indicating some fluctuation in demand.
OR RN
OR RN Payment trends
OR RN rates ranged from $71.99 to $72.49, showing minimal fluctuations. The rates had a slight increase of 0.69% during August.
Summary: Payment rates for OR RN remained relatively steady, indicating consistent demand for specialized services.
ICU RN
ICU RN payment trends
ICU RN rates started at $62.05 and increased to $63.55 in the third week of August. The rates showed an increase of 2.42% during August.
Summary: Payment trends for ICU RN exhibited a modest increase over the course of August, suggesting a positive trend in demand.
Med Surg
Med Surg payment trends
Med Surg rates began at $58.97 and increased to $59.65 by the third week of August. The rates showed a moderate increase of 1.15% during August.
Summary: Payment rates for Med Surg RN demonstrated a stable increase during August, reflecting steady demand for these services.
Physical Therapist
Physical therapist payment trends
Physical Therapist rates started at $51.93 and slightly increased to $51.15 in the third week of August. The rates showed a decrease of 1.50% during August.
Summary: Payment rates for Physical therapists experienced a minor decline, but the changes were not significant.
Telehealth
Telehealth payment trends
TeleHealth rates began at $62.58 and remained relatively stable, ending at $62.05 in the third week. The rates had a decrease of 0.85% during August.
Summary: TeleHealth rates showed stability with minimal fluctuations during August.
Conclusion
As the healthcare industry continues to undergo transformative changes, monitoring payment trends is crucial for making informed decisions. These insights can empower healthcare organizations, facilities, and candidates to adapt and thrive in an ever-evolving healthcare landscape. By staying informed about payment trends, one can navigate the future of healthcare successfully.
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