Six takeaways from the May 10 report:
- The CPI rose by 4.9 percent for the 12 months ending in April, a slower increase than the 5 percent CPI measure for March.
- Grocery prices fell by 0.2 percent.
- The energy index jumped by 0.6 percent.
- This is the 10th consecutive month that headline CPI has slumped.
- The cost of medical services declined by 0.1 percent compared to March.
- Medical care commodities posted unseasonally adjusted price changes of 0.5 percent compared to March.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.