Becker's Healthcare March 30, 2023
Inflation has disturbed every industry and wallet. Here is how it is affecting ASCs.
In June 2022, inflation skyrocketed to 9.1 percent — the largest increase in 40 years, according to the Bureau of Labor Statistics.
The annual inflation rate in 2022 was 6.5 percent, a 0.5 percent decrease from 2021, making 2022 the year with the second-highest annual inflation rate of the 2000s.
No matter the location, industry or person, the effects of these numbers are unavoidable.
Even though the average salary for physicians increased by 3.8 percent in 2021, it dropped 2.4 percent in 2022, according to the “2023 Physician Compensation Report” from Doximity. This is because physician pay is not keeping up with inflation rates and...