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National health spending recovery shows signs of stalling, health care services price growth outpaces products for December, and Health care ends 2020 with a smaller workforce, down 2.6% from a year ago.
National health spending continues its slow recovery, hospitals and nursing home care continue to lead the overall change in health care prices, and 2/3 of health care jobs lost have been regained, but remain at 500K below their pre-COVID-19 level.
National health spending recovers to 1.0% higher than September 2019 level, health care price growth has it's slowest year over year growth rate of the past seven months, and jobs are still 3.6% below pre-COVID-19 level.
National health spending recovers to August 2019 level, accelerated health care price growth continues for another month, and the health care job rebound levels off.
Our September 2020 briefs illustrate the continued recovery of health care spending during the Covid-19 pandemic. While health care continues to regain jobs, labor is still 4.5% below pre-Covid employment.
This month's analysis shows that national health spending continued to rebound in June, and health care regained half of jobs lost in spring, although the pace of recovery has slowed.