Last month, the Bureau of Labor Statistics released its 10-year employment projection data. This data is updated every other year. The new data shows a projected increase over the next decade of 7.4% which is a noticeable increase over the previous 6.5% 10-year projections in 2014. These projections are not…
Today, The Center for Community Solutions released a report entitled “Big City Problems in Ohio’s Small Towns” written by former Community Solutions Executive Director John Begala. John took a comprehensive look at the economic, health, educational, and social well-being of 47 small Ohio cities. John leveraged the power of the…
We in the U.S. love our rankings. I think it is embedded in our DNA. As a student of data, I love to see the various rankings and how people get worked up over them. Healthgrades recently released its latest analysis of top quality hospitals and its National Health Index, which…
Last week we looked at student repayment rates and noted that longer-term repayment rates continue to decline for five and seven year repayment periods. Repayment rates are in essence a measure of optimism as it is the percentage of students who have made progress in paying down their student loans….
There is a race that is brewing between millenials who are becoming registered nurses and the hiring that has started at U.S. hospitals. A Health Affairs study concluded that Millennials are becoming registered nurses at nearly twice the rate of baby boomers, but that still won’t necessarily prevent a nursing shortage…
Student repayment rates continues to decline, although the trend seems to be slowing, according to the most recent College Scorecard data. This data measures repayment rates at 1,3,5, and 7 years. Repayment rates and default rates are very different. Repayment rates are the percentage of students who have made progress…
The newest College Scorecard data released several weeks ago reveals an ongoing trend in student debt. The median student debt increased 13.1% from 2015 to 2016. The median student debt has now more than doubled since 2007 as shown by the following graph. We calculated this using a weighted average…
The 2016 outpatient procedure data shows overall hospital volume up 11% from 2015. Using data from the Outpatient Procedure Analysis Interactive, we also found that the volume times the average full cost (weighted average cost) on a procedure basis has increased 13.3%. We ran the numbers several ways – first…
In 2011, Tuition and Fees represented 20.6% of public institutional revenue. In 2015, it has increased to 24.25%. Most of the reshuffling of revenue has come from federal operating grants and contracts as noted by the graphs below. Interestingly, state appropriations have remained relatively constant. Similarly, non-profit institutions have seen tuition…
CMS began developing measures evaluating imaging efficiency back in 2007. These performance measures have been distributed as part of Hospital Compare for the past four years. Lower percentages suggest more efficient use of medical imaging. The purpose of reporting these measures is to reduce unnecessary exposure to contrast materials and/or…
Postsecondary institutions continue to invest heavily in capital assets and the cumulative investment across public and private institutions has crossed $900 billion, an increase of 27% over a five-year period. The capital investment growth rates are almost identical for both public institutions and private non-profit institutions as noted in the…
An interesting study published in the September issue of Health Affairs found that 9 percent of rural counties experienced the loss of all hospital obstetric services in the period 2004–14. In addition, another 45 percent of rural US counties had no hospital obstetric services at all during the study period. We…