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Knox Times

Thursday, February 13, 2025

Knox Times Publication Area: How many H-1B petitions were made by employers classified under the Finance and Insurance industry during 2024?

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Tammy Meckley, Associate Director, Immigration Records and Identity Services Directorate for USCIS | https://www.dhswatchlist.com/

Tammy Meckley, Associate Director, Immigration Records and Identity Services Directorate for USCIS | https://www.dhswatchlist.com/

21ST Mortgage Corporation, the only employer classified under the Finance and Insurance industry the Knox Times publication area to file an H-1B petition in 2024, had its petition approved, giving the company a 100% approval rate, according to data provided by the U.S. Citizenship and Immigration Services via the H-1B Employer Data Hub.

Employers are classified under industries based on their reported operations and may be involved in multiple industries.

The H-1B visa program allows U.S. employers to temporarily hire foreign workers in specialty occupations requiring specialized knowledge and at least a bachelor’s degree or equivalent. It is designed to address skill gaps in the U.S. workforce while ensuring wage standards to protect both U.S. and H-1B workers. Employers must certify that they will pay H-1B workers wages equal to or greater than those of similarly qualified U.S. employees or the prevailing local wage.

The average approval rate for H-1B petitions across the United States in 2024 stood at 98%, slightly higher than 2023's 97.3%.

Compared to 2023, the Finance and Insurance sector in the Knox Times publication area saw a 300% increase in the number of H-1B petitions during 2024.

The United States admits around 1 million legal immigrants annually, most of whom receive permanent residence (green cards) through family sponsorship or employment-based visas. In 2023, about 1.2 million immigrants were granted green cards, a return to pre-pandemic levels. Temporary visa programs, such as the H-1B for highly skilled workers and H-2A for seasonal agricultural workers, also play a critical role in filling workforce needs.

Public opinion on immigration varies, with 46% of Americans favoring maintaining current legal immigration levels, according to a 2024 Pew Research Center survey. Additionally, 42% believe that highly skilled workers, such as scientists, doctors, and programmers, should be prioritized for legal immigration, compared to 25% who prioritize workers filling labor shortages and 19% who emphasize family sponsorship. Despite this, family sponsorship remains the most common path to permanent residency, accounting for 63% of green cards issued in 2023.

The data in this article comes from the H-1B Employer Data Hub provided by the U.S. Citizenship and Immigration Services (USCIS). While USCIS strives for accuracy, manual data entry and errors on paper forms submitted by applicants or petitioners may result in discrepancies in employer names, tax IDs, locations, or other details.

H-1B Petitions by Industry in the Knox Times Publication Area, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Health Care and Social Assistance14864.6%98.6%1.4%
2Retail Trade3716.2%100%0%
3Professional, Scientific, and Technical Services229.6%95.5%4.5%
4Information62.6%100%0%
5Finance and Insurance41.7%100%0%
5Manufacturing41.7%100%0%
7Other Services (except Public Administration)20.9%100%0%
8Educational Services10.4%100%0%
8Public Administration10.4%100%0%
8Accommodation and Food Services10.4%100%0%
8Wholesale Trade10.4%100%0%
Employer H-1B Petitions in the Knox Times Publication Area During 2024
Company NameIndustriesTotal Petitions% Approved% Denied
Pilot Travel Centers, LLCRetail Trade, Other Services (except Public Administration)37100%0%
Hospital Physician Services SoutheHealth Care and Social Assistance27100%0%
Southeastern Physician Services, PCHealth Care and Social Assistance19100%0%
Southeastern Intensivist ServicesHealth Care and Social Assistance14100%0%
Verana Health, Inc.Professional, Scientific, and Technical Services11100%0%
Hospital Medicine Associates, LLCHealth Care and Social Assistance11100%0%
Cloud Data, LLCProfessional, Scientific, and Technical Services6100%0%
Lonestar Hospital Medicine AssociaHealth Care and Social Assistance683.3%16.7%
Americas Collectibles Network, Inc.Information5100%0%
Southeastern Hospitalist Services, P CHealth Care and Social Assistance580%20%
Newstat, LLCHealth Care and Social Assistance5100%0%
21ST Mortgage CorporationFinance and Insurance4100%0%
Mindful Technician Solutions, Inc.Professional, Scientific, and Technical Services366.7%33.3%
Kansas Hospitalist Services PAHealth Care and Social Assistance3100%0%
IPC Hospitalists of New England, PCHealth Care and Social Assistance3100%0%
Inpatient Consultants of DelawareHealth Care and Social Assistance3100%0%
Hospitalist Physicians of Massachusetts, PCHealth Care and Social Assistance3100%0%
Ameriteam Services, LLCHealth Care and Social Assistance3100%0%
St. John Emergency Services, PCHealth Care and Social Assistance3100%0%
Functional Pathways of TN, LLCHealth Care and Social Assistance3100%0%
Emergency Coverage Services, PCHealth Care and Social Assistance2100%0%
East Tennessee Childrens HospitalHealth Care and Social Assistance2100%0%
Hospital Medicine Services of Maine, LLCHealth Care and Social Assistance2100%0%
Hospital Physician Services of Florida PAHealth Care and Social Assistance2100%0%
Mlily USA, Inc.Manufacturing2100%0%
Buffalo Emergency Associates, LLPHealth Care and Social Assistance2100%0%
Hospitalist Physicians of IndianaHealth Care and Social Assistance2100%0%
Inpatient Consultants of TennesseeHealth Care and Social Assistance2100%0%
Fremont Emergency Services Scherr, Ltd.Health Care and Social Assistance2100%0%
Pennsylvania HM Associates, P CHealth Care and Social Assistance2100%0%
Palmetto Anesthesia Specialists LLHealth Care and Social Assistance1100%0%
Orthopaedic Innovation Technology Center, Inc.Professional, Scientific, and Technical Services1100%0%
Online Development, Inc.Professional, Scientific, and Technical Services1100%0%
The H T Hackney CompanyWholesale Trade1100%0%
NW Hospitalist Services, PCHealth Care and Social Assistance1100%0%
Northwest Physician Associates, P CHealth Care and Social Assistance1100%0%
Pilot Travel Centers D B a Pilot Flying J, LLCRetail Trade1100%0%
Quantum Emergency Physicians P a DHealth Care and Social Assistance1100%0%
Quantum Emergency Physicians P aHealth Care and Social Assistance1100%0%
Scripps Networks, LLCInformation1100%0%
Shades Unlimited, Inc.Manufacturing1100%0%
Smart Hospitality, LLCAccommodation and Food Services1100%0%
Southeastern Emergency Services, PCHealth Care and Social Assistance1100%0%
Arsenal Strength, LLCManufacturing1100%0%
After Hours Pediatrics of TennesseHealth Care and Social Assistance1100%0%
ECC Hospitalist Service, P CHealth Care and Social Assistance1100%0%
ECC Hospitalist Services, PCHealth Care and Social Assistance1100%0%
Exigence Medical of New York, PLLCHealth Care and Social Assistance1100%0%
Helen Ross Mcnabb Center, Inc.Health Care and Social Assistance1100%0%
Henderson & Ross Fitness, LLCOther Services (except Public Administration)1100%0%
Hospital Medicine Services of TennHealth Care and Social Assistance1100%0%
Dental Implant Center, PLLCHealth Care and Social Assistance1100%0%
Hospital Physician Services Southeast, PCHealth Care and Social Assistance1100%0%
Inpatient Consultants of Alabama IHealth Care and Social Assistance1100%0%
Inpatient Consultants of Florida, Inc.Health Care and Social Assistance1100%0%
Inpatient Consultants of IllinoisHealth Care and Social Assistance1100%0%
Inpatient Consultants of Kansas P aHealth Care and Social Assistance1100%0%
IPC Hospitalists of New EnglandHealth Care and Social Assistance1100%0%
Knoxville Catholic High SchoolEducational Services1100%0%
Knoxville HMA Cardiology PPM, LLCHealth Care and Social Assistance1100%0%
Knoxville-Knox County PlanningPublic Administration1100%0%
Covenant Medical Group, Inc.Health Care and Social Assistance1100%0%
Massachusetts Acute Care Specialists, PCHealth Care and Social Assistance1100%0%
Cherokee Health SystemsHealth Care and Social Assistance1100%0%
Northeast Florida Hospitalist, Inc.Health Care and Social Assistance1100%0%

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