Hospital prices up year-over-year in June

Overall hospital prices were 0.7 percent higher in June of this year then they were in the same month a year ago, and hospital prices increased 0.1 percent between May and June, according to figures from the Bureau of Labor Statistics.

Advertisement

The producer price index for general medical and surgical hospitals was 0.5 percent higher this June than it was in June 2014.

The PPI for hospital measures “changes in actual or expected reimbursement received for services across the full range of payer types,” according to the American Hospital Association. “This includes the negotiated contract rate from the payer plus any portion expected to be paid by the patient.”

More articles on healthcare finance:

CMS proposes changes to Physician Fee Schedule: 15 things to know
Why CFO roles are being filled by Gen Xers
CFOs taking on IT roles: Is this trend headed for healthcare?

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.