Healthcare Prices on Up 1.9% Over Last 12 Months

Healthcare prices increased 1.9 percent from Oct. 2010 to Oct. 2011, according to a report by Altarum Institute released on Dec. 8.

According to the report, prescription drug prices experienced the most inflation — up 4.2 percent for the 12 months. Hospital prices grew by 1.9 percent, and physician prices were up 1.3 percent. Home health care prices grew the least, at 0.5 percent. The 12-month growth rates are lower than the previous 12 months for most categories, and particularly for physician services, nursing home care and other personal health care, according to the report.

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