We often see news reports about healthcare legislation, clinical innovation and the costs associated with healthcare, but it’s not often that the topic of healthcare employment comes up. Healthcare employment needs to be highlighted because it’s been so strong and continues to contribute to our economic growth. The new employees who have chosen a career in healthcare have unlimited opportunities across the entire healthcare spectrum.
While healthcare employment enjoys growth, other sectors of the economy are projected to grow more slowly, with only an 8.9 percent projected growth rate from 2012–2022. Healthcare is booming by comparison with a projected 26.5 percent growth rate. Employment in the healthcare industry rose by 43,200 in December 2016, the largest gain of any economic segment, according to the U.S. Bureau of Labor Statistics. Most of December’s job increases occurred in ambulatory and healthcare services, while hospital employment also continued above-normal growth. Over the next five years, all indications show no signs of slowing.
The growth in healthcare employment is an important element of economic stability for both the U.S. and our industry. At MiraMed, we are proud to contribute to that growth. This past year, we added many new team members at our centers of excellence across the globe. Employee growth is important to us. It is one of our measures of success. Our people make our business run and without them and our clients, we would not be in business.
Our passion is to provide excellent service to our clients. We also believe it is important to be a thought leader and contribute to the healthcare conversation. We do this by delivering industry perspectives through our quarterly newsletter, The Code, Learning Institute webinars and thought provoking content from our healthcare journal, The Focus. To that end, we are proud to present you this quarter’s edition of The Focus.
We have a talented group of authors for this edition. We would like to introduce two new authors, Kristina Grifantini and Ryan Moulder. Ms. Grifantini is an award-winning science writer, editor and multimedia producer who has written hundreds of technology and medical articles for publications such as MIT’s Technology Review and the National Institute for Children’s Healthcare Quality. Her article, Healthcare, Hacked, provides us with worrisome statistics about data breaches that have affected the health industry and how ransomware cyber crimes have become a profitable venture for data thieves.
Mr. Moulder, author of ACA Repeal Could Lead to More Complicated Regulations for Employers, serves as General Counsel at Accord Systems, LLC and is a Partner at Health Care Attorneys PC. He received his LLM from Georgetown University Law Center and his JD from Saint Louis University School of Law. Mr. Moulder has distinguished himself as a leader in the Affordable Care Act (ACA) arena and has written and spoken on a variety of ACA topics relating to employer compliance. He shares his expertise on the ACA by delving into the challenges Congress will have as they move towards a repeal and replace strategy and he shares his perspective on how employers will deal with the complicated regulations that may follow a post-ACA repeal.
I’m thankful that we are able to highlight the thoughts from our group of returning authors. We believe you’ll find the subjects they discuss to be interesting and relevant:
- State of Population Health Analytics, by Bryan Bennett, Executive Director, Healthcare Center of Excellence;
- The Rise and Fall of Academic Medicine, by Dave Johnson, CEO and Founder of 4sight Health;
- New Rules for Charging Patients for Their Medical Records, by Mary Pat Waitley, Founder and President of Manage My Practice;
- National Health Expenditures and Federal Funding of Medicaid, by Greg Zinser, Vice President at Anesthesia Business Consultants;
- The Federalization of Health Insurance, by Alan Preston, Founder & CEO of E=(MC)3 and former professor at Texas A&M University; and
- Rising Healthcare Spending Takes Its Toll on Consumers, by Phil Solomon, Vice President of Marketing Strategy at MiraMed.
I hope you enjoy reading this edition of The Focus and I encourage you to sign up for our weekly eAlerts and MiraMed’s Learning Institute webinars. Also, if you are available, come visit us at HFMA ANI in Orlando, Florida, June 25th-27th.
Best wishes to all,
CEO and Founder