Hospital prices during that period grew 1.8 percent, whereas physician and clinical service prices did not grow at all.
National health expenditures grew 4.2 percent in May 2013 compared with May 2012, a slight increase from the past three years. Altarum analysts also said seasonally adjusted NHE, or the total amount spent on healthcare between May 2012 and May 2013, totaled roughly $2.91 trillion.
“Preliminary data for May that show an uptick in health spending, cou¬pled with historically low price growth, imply rising per capita utiliza¬tion growth,” according to the Altarum report. “Nevertheless, only weak evidence shows that the era of extremely low utilization growth is ending.”
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