Healthcare price growth at all-time low: 5 things to know


As of September, healthcare prices grew 1 percent year-over-year, matching the multi-decade low reached in August 2013, according to the latest economic indicators from Altarum Institute's Center for Sustainable Health Spending.

1. The 12-month moving average fell to 1.2 percent growth, matching the all-time low for Altarum's data series.

2. Year-over-year hospital prices rose 0.7 percent in September, the lowest rate since June, according to the report.

3. Health spending growth has been declining since February, falling to 5.5 percent year-over-year.

4. Additionally, the health sector added 44,900 jobs in October, reaching a record of 10.7 percent of total employment that month.

5. Hospitals added 148,000 since January, a six-fold increase over the same period in 2014.

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