Hospital Prices Rise 2.1% Year-Over-Year

The producer price index for acute-care hospitals increased 2.1 percent between May 2013 and May 2014, according to figures from the Bureau of Labor Statistics.

Overall hospital prices remained unchanged between April and May.

The PPI for hospitals 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 Hospital Prices:
Hospital Prices Up 2% Year-Over-Year in April
Healthcare Spending Grew 7.1% in March
Hospital Prices Up 1.3% Year-Over-Year in March

 

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