MGMA Report Reveals Medical Groups' Efforts to Overcome Labor Shortages and Inflation Pains
ENGLEWOOD, Colo., June 29, 2023 /PRNewswire/ -- New research from the Medical Group Management Association (MGMA) reveals that medical group leaders continue to make bold changes to address persistent staffing hurdles and rising labor expenses to meet growing patient demand for care. The 2023 MGMA Management and Staff Compensation data set, based on 2022 data, includes insights from more than 157,000 management and staff positions from nearly 3,000 organizations.
- The 2023 MGMA Management and Staff Compensation data set, based on 2022 data, includes insights from more than 157,000 management and staff positions from nearly 3,000 organizations.
- While inflationary growth is slowing in 2023, salary costs continue on an upward trajectory.
- Hourly rates for clinical and nursing staff continued to increase annually, keeping pace with the annual total compensation increases.
- With vital insights to empower leaders to evolve their recruitment and retention efforts, the report highlights labor considerations and strategies to address ongoing challenges in an ever-shifting healthcare environment.