Industry News – July 2024

Alexandra Ginieres

Every month, we find the most relevant news and opinions from the industry and publish them to the MGIS blog. Scroll to the bottom of the page to subscribe to the MGIS Sales Guide to make sure you never miss these updates.

Becker’s Hospital Review – Specialists saw larger pay increases than primary care physicians, with medical and surgical specialties receiving 5.1% and 5.5% raises, respectively.

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Beating Healthcare Growth Challenges Depends on a New Nurse Staffing Approach

MedCity News – Healthcare systems face revenue challenges and nursing shortages, with 900,000 nurses projected to leave by 2027.

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Physician Burnout Rate Drops Below 50% for First Time in 4 years

American Medical Association – Physician burnout dropped below 50% in 2023, a significant decrease from its 2021 peak.

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64% of Americans Don’t Understand Disability Insurance

Disability insurance application

Policygenius – A significant number of Americans misidentify or don’t understand disability insurance, despite its critical role in replacing income during illness or injury.

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