Healthcare Jobs Forecast Tricky
Another field that has seen a constant stream of growth in healthcare is information technology. Seedig says healthcare IT has seen strong job surges over the past five years with the rise in EMR use.
"I think technology is a huge opportunity within healthcare. It's already started, but it takes a while. Healthcare runs about 10 years behind other industries, especially when it relates to technology. There's big opportunity to make it more efficient, and I think that's where a lot of the cost savings should come from as we get better at the type of technology that we are implementing."
And just when it seems that trends have been established, the entire supply-demand structure can change in an instant. All it takes is a new rule from the Centers for Medicare and Medicaid Services to turn everything on its head.
"It's funny how legislation from CMS can turn that on a dime to where your demand can shoot way down," says Seedig. "You still have more patients, more reporting requirements, [and ] higher demand based on how many patients you think need to receive care, but you actually see your demand go way down because the facility that's being reimbursed by Medicare or Medicaid sees their reimbursements get so tight that the only lever they have to pull is their employee expense."
In the end, he says, "there is no crystal ball. We don't exactly how everything is going to shake out, so BLS does their best to try and predict what occupations are going to be the best based on what they are seeing on the aging population, based on the state of current people in the market, and how long it will take to educate new people."
"There are so many things changing within healthcare today, I don't think anyone knows for sure what that's going to look like ten years down the road."
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