Healthcare Payment Trend Series – Payrates for the Year 2024 (Jan-Jul)

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Welcome back to SkillGigs Money Story, where we bring you the latest healthcare payment trends and salaries of healthcare workers, including Registered Nurses, Travel Nurses and others. We study 3,000+ bids from more than 3000 hospital facilities and give you first-hand information about pay trends, thus guiding your career choice. Below are the payment trends for the first half of 2024, including the new data for July 2024.

Acute Care RN:

  • January 2024: $54.76
  • April 2024: $55.93
  • May 2024: $54.38
  • June 2024: $59.31
  • July 2024: $59.76

The pay rate for Acute Care RNs has shown a steady increase from May through July 2024, reflecting a recovery in demand after a slight decrease in May.

 

Acute care RN salary trend explained in a graph

 

ER RN:

  • January 2024: $58.42
  • May 2024: $56.83
  • June 2024: $65.51
  • July 2024: $65.07

ER RNs saw a significant pay increase in June 2024, with the rate remaining stable in July 2024, indicating a sustained demand in this specialty.

 

ER RN salary trend explained in a graph

 

ICU RN:

  • January 2024: $60.12
  • May 2024: $55.90
  • June 2024: $64.72
  • July 2024: $63.50

The ICU RN rates rose sharply in June, followed by a slight decline in July 2024, yet they remain high compared to earlier months.

 

ICU RN salary trend explained in a graph

 

L&D (Labor & Delivery):

  • January 2024: $62.10
  • May 2024: $56.09
  • June 2024: $64.62
  • July 2024: $65.99

L&D RNs saw a consistent increase in pay from May through July 2024, reflecting a strong demand in this field.

 

L & D salary trend explained in a graph

 

Med Surg:

  • January 2024: $59.03
  • May 2024: $53.16
  • June 2024: $60.48
  • July 2024: $60.04

Med Surg RN rates dropped slightly in May but rebounded in June and remained stable in July 2024.

 

Med Surg RN salary trend explained in a graph

 

OR RN (Operating Room):

  • January 2024: $65.35
  • May 2024: $57.21
  • June 2024: $66.89
  • July 2024: $67.82

OR RNs have seen a consistent increase in pay from May through July 2024, with July showing the highest rate so far this year.

 

OR RN salary trend explained in a graph

 

PCU (Progressive Care Unit):

  • January 2024: $60.96
  • May 2024: $55.23
  • June 2024: $61.95
  • July 2024: $61.46

The rates for PCU RNs have been relatively stable, with a slight increase in June followed by a marginal decrease in July 2024.

 

PCU RN salary trend explained in a graph

 

Physical Therapist:

  • January 2024: $52.04
  • March 2024: $55.97
  • April 2024: $50.09
  • June 2024: $59.40
  • July 2024: $55.75

Physical Therapists saw a notable increase in June 2024, with a slight decrease in July, yet maintaining a higher rate compared to early 2024.

 

Physical Therapist salary trend explained in a graph

 

Stepdown RN:

  • January 2024: $64.08
  • May 2024: $54.06
  • June 2024: $62.16
  • July 2024: $61.29

Stepdown RN pay rates rose in June, followed by a small decrease in July 2024, but still reflecting a strong market.

 

Stepdown RN salary trend explained in a graph

 

TeleHealth:

  • January 2024: $61.74
  • May 2024: $52.50
  • June 2024: $63.20
  • July 2024: $63.04

An unexpected decrease was noticed for TeleHealth RN rates in May, though they have been constantly rising from June onwards and have projected growth till July 2024.

 

Telehealth RN salary trend explained in a graph

 

Conclusion:

The healthcare industry remains dynamic in 2024 as due to contract variations the healthcare payment trends are constantly changing in different specialty of nursing. Some specialties have shown fluctuations in the first half of the year; however, most of them went up in the second half of the year. Maintaining the pace with these trends is important especially for healthcare professionals who desire to earn more. At SkillGigs, we are continuing to do our best to ensure you get up-to-date information on salaries while offering you the best possible job offers.

Visit SkillGigs now to discover the most popular top-paying healthcare jobs and grow in your career.

 

 

 

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