October 16, 2024 The physician networking, communications, and staffing company Doximity has released its 2024 Physician Compensation Report.According to Doximity, "Doximity found that after several years of modest or declining growth, the average pay for doctors increased nearly 6% in 2023, rebounding from a decline of 2.4% in 2022."The report noted that "In 2023, the gender pay gap for physicians decreased to 23%, marking a slight improvement from the 26% reported in 2022. Despite this progress, the pay gap remains significant, with women physicians earning nearly $102,000 less than men physicians, on average, after controlling for specialty, location, and years…
Baker Institute Report Examines Hospital Prices, Costs, and Profits
Rice University's Baker Institute for Public Policy has issued a new report on hospital finances. The report, entitled Prices Versus Costs: Unpacking Rising US Hospital Profits, compares "the commercial operating costs, net patient revenue from commercial patients, and commercial operating profits of hospitals with different price levels to examine if higher prices are charged to cover higher costs, or instead to generate higher profits."They concluded:"We find that belonging to the highest inpatient price quartile is associated with 17% higher costs per adjusted discharge and 36% higher commercial revenue per adjusted discharge. These differences result in a 69% higher commercial operating…
Healthcare in the US Becoming Less Affordable
July 23, 2024 The ability of Americans to access affordable healthcare has declined in recent years, according to a new report by Gallup and the nonprofit West Health.According to the report, entitled Tracking Healthcare Affordability and Value: The West Health-Gallup Healthcare Affordability Index and Healthcare Value Index:"Cost security among U.S. adults has dipped to its lowest level in 2024, down six points since 2022 to just 55%. This decline is driven primarily by adults aged 50 to 64 (down eight points to 55%) and 65 and older (down eight points to 71%). Younger adults under the age of 50, after…
Sweden By The Numbers
Health System Ranking:WHO World Health Report 2000 Overall Health System Performance (1997): 231Sustainable Development Goals (SDG) Health Index (2017): 32Healthcare Access and Quality (HAQ) Index (2016): 83Gross Domestic Product (Current Prices) (billion USD) (2018): $551.14Population (2018): 10.1 Million4GDP Per Capita At Purchasing Power Parity (PPP) (USD) (2018): $51,4005Total Current Expenditure On Health (Current Prices, Current PPP) (million USD) (2018): $55,126.15Total Current Expenditure On Health As Portion of GDP (2018): 11%5Total Current Expenditure On Health Per Capita (Current Prices, Current PPP) (USD) (2018): $5,447.15Life Expectancy At Birth (2016): All Genders: 82.4; Male: 80.4; Female: 84.14Life Expectancy At Birth - OECD Average (2016): All…
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