That’s up from a 1.6 percent annual growth rate in April. Additionally, hospital prices grew 2.1 percent in May, on par with the April growth rate, according to the report
The 12-month moving average for overall healthcare price growth rose to 1.3 percent in May, up from 1.2 percent in April. Although this rate is near the all-time low for the Altarum Institute’s data (1.2 percent), it has now gone up for two consecutive months, showing its first increase since January 2012, according to the report.
More Articles on Healthcare Prices:
Health Care Cost Institute, Health Insurers to Collaborate on Price Transparency Portal
4 Key Recommendations for Improving Healthcare Price Transparency
Four Tips for Improved Pricing Accuracy
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