Hospital prices up 1.7% year-over-year in August

The producer price index for acute-care hospitals increased 1.7 percent between August 2013 and August 2014, according to figures from the Bureau of Labor Statistics.

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Overall hospital prices also increased 0.1 percent between July and August.

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:
Is this 125% price cap the solution to hospital charge variation?
Hospital prices up 1.6% year-over-year in July
Hospital Prices Increase 1.9% Year-Over-Year in June 

 

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