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Healthcare Operations Reference

Medical Billing and Healthcare Administration Statistics

Current U.S. figures on healthcare spending, medical records work, and the workforce behind dependable revenue operations.Last updated September 17, 2026. Each figure below includes its data date and primary source.

Medical billing and healthcare administration sit inside a large, detail-sensitive operating environment. These figures give healthcare leaders, writers, and researchers a concise view of the scale of the work and the workforce supporting it.

$5.3T

U.S. health spending in 2024

National health expenditures grew 7.2% in 2024, reaching $15,474 per person.

Source: Centers for Medicare & Medicaid Services, National Health Expenditure Data, 2024

18.0%

Share of the U.S. economy

Health spending represented 18.0% of U.S. gross domestic product in 2024.

Source: Centers for Medicare & Medicaid Services, National Health Expenditure Data, 2024

215,400

Medical records specialist jobs

The U.S. employed 215,400 medical records specialists in 2024.

Source: U.S. Bureau of Labor Statistics, Occupational Outlook Handbook, 2024

7%

Projected job growth

Employment of medical records specialists is projected to grow 7% from 2024 through 2034.

Source: U.S. Bureau of Labor Statistics, Occupational Outlook Handbook, 2024-2034 projection

14,200

Projected annual openings

The occupation is projected to have about 14,200 openings each year, on average, from 2024 through 2034.

Source: U.S. Bureau of Labor Statistics, Occupational Outlook Handbook, 2024-2034 projection

$50,250

Median annual pay

The median annual wage for medical records specialists was $50,250 in May 2024.

Source: U.S. Bureau of Labor Statistics, Occupational Outlook Handbook, May 2024

What these figures show

Healthcare administration is not a minor back-office concern. The scale of U.S. health spending makes accurate claims activity, payment follow-up, documentation, and clear handoffs consequential work. At the same time, the projected growth and annual openings for medical records specialists point to continued demand for people who can keep structured health information moving through established workflows.

For a healthcare organization, the practical takeaway is straightforward: routine operational work needs clear ownership. A well-defined support role can help a team keep billing queues visible, document next actions, and route exceptions to the right decision-maker.

Methodology and sources

This page compiles the latest available figures from two primary U.S. public sources. Healthcare spending figures come from the Centers for Medicare & Medicaid Services National Health Expenditure Data for 2024. Workforce figures come from the U.S. Bureau of Labor Statistics Occupational Outlook Handbook for medical records specialists, using May 2024 wage data and 2024-2034 employment projections.

This page was last reviewed on September 17, 2026. Figures will be refreshed when these primary sources publish updated data.

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