This morning’s Employment Situation Summary, which showed slow job growth overall, contained a big jump for health services: 23 percent of last month’s jobs were in health services. Of the 41,000 health jobs, a little more than half were in ambulatory settings.
Because of a long-term shift in the location of care, there are now almost seven million people working in ambulatory settings, versus just under five million working in hospitals. This is a positive development, because hospitals are very expensive facilities and have very concentrated lobbying power that they bring to bear to keep their payments higher than they would otherwise be.
Read the entire entry at NCPA's Health Policy Blog.