Twelve of the states increased minimum wage due to inflation updates, as costs increase for workers and employees nationwide. Additionally, 38 cities and counties will also increase their minimum wages.
Staffing shortages and costs were one of the biggest issues plaguing ASCs in 2023. According to a report from VMG Health, some ASCs have to spend a quarter or more of their net operating revenue on employees to stay ahead of shortages.
Here are the states that saw increases in minimum wage:
|
2023 minimum wage |
2024 minimum wage |
|
|
Alaska |
$10.85 |
$11.73 |
|
Arizona |
$13.85 |
$14.35 |
|
California |
$15.50 |
$16 |
|
Colorado |
$13.65 |
$14.42 |
|
Connecticut |
$15 |
$15.69 |
|
Delaware |
$11.75 |
$13.25 |
|
Hawaii |
$12 |
$14 |
|
Illinois |
$13 |
$14 |
|
Maine |
$13.80 |
$14.15 |
|
Maryland |
$13.25 |
$15 |
|
Michigan |
$10.10 |
$10.33 |
|
Minnesota |
$10.59 |
$10.85 |
|
Missouri |
$12 |
$12.30 |
|
Montana |
$9.95 |
$10.30 |
|
Nebraska |
$10.50 |
$12 |
|
New Jersey |
$14.13 |
$15.13 |
|
New York (outside of New York City metro) |
$14.20 |
$15 |
|
Ohio |
$10.10 |
$10.45 |
|
Rhode Island |
$13 |
$14 |
|
South Dakota |
$10.80 |
$11.20 |
|
Vermont |
$13.18 |
$13.67 |
|
Washington |
$15.74 |
$16.28 |
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.