It’s a good time to be in healthcare. In April, healthcare businesses added 44,000 jobs, a big surge for the industry and represent a big chunk of the 160,000 jobs created that month among all hiring sectors, according to data by the U.S. Department of Labor’s Bureau of Labor Statistics.
Most of the increase occurred in hospitals (+23,000) and ambulatory health care services (+19,000), which raised total health care employment to 502,000 over the year.
Among ambulatory services, outpatient care centers added the most at 6,400 new jobs while physicians’ offices added 2,000 jobs.
Here is the seasonally adjusted breakdown for healthcare sector hiring in April. All numbers are in thousands.
|Industry||April 2015||February 2016||March 2016||April 2016||% Change|
|Ambulatory health care services||6,807.6||7,036.1||7,059.1||7,078.4||19.3|
|Offices of physicians||2,515.9||2,581.9||2,588.0||2,590.0||2|
|Offices of dentists||904.4||928.5||929.4||931.2||1.8|
|Offices of other health practitioners||804.1||838.4||842.2||846.2||4|
|Outpatient care centers||738.2||764.8||767.1||773.5||6.4|
|Medical and diagnostic laboratories||255.6||257.2||259.1||260.3||1.2|
|Home health care services||1,303.4||1,372.4||1,379.8||1,383.3||3.5|
|Other ambulatory health care services||286.2||293.1||293.5||293.9||0.4|
|Nursing and residential care facilities||3,283.8||3,317.9||3,318.6||3,320.6||2|
|Nursing care facilities||1,647.9||1,654.1||1,652.0||1,653.8||1.8|
|Residential mental health facilities||606.3||612.8||613.9||612.3||-1.6|
|Community care facilities for the elderly||866.3||888.0||889.4||891.4||2|
|Other residential care facilities||163.3||163.1||163.3||163.2||-0.1|
|Individual and family services||2,122.8||2,198.2||2,197.6||2,192.1||-5.5|
|Emergency and other relief services||154.7||157.5||158.3||156.7||-1.6|
|Vocational rehabilitation services||338.2||337.5||337.4||339.1||1.7|
|Child day care services||872.4||865.5||896.7||896.0||-0.7|
To offset the short-term cash flow problems, many companies turn to Triumph Healthcare Finance to structure a solution that meets their working capital needs. We specialize in helping smaller middle-market healthcare companies and other service providers that would benefit from revolving lines of credit secured by insurance, government or contract accounts receivable.
Posted in Triumph Healthcare Finance