Medicare claim costs rose at an annual rate of 2.5 percent over the year ending in June 2011, the lowest annual growth rate since it was first recorded in 2005, according to a Standard & Poor's report.
The composite index of Medicare and commercial revenue grew 5.61 percent, and commercial revenue increased 7.48 percent, the report said. Other indexes in the report include the following:
• The composite index of hospital commercial and Medicare revenue growth increased 5.16 percent. The hospital commercial index grew 8.43 percent while the hospital Medicare index only increased 0.97 percent.
• The composite index of professional services commercial and Medicare revenue growth increased 5.89 percent. The professional services commercial index increased 6.49 percent, and the professional services Medicare index rose 4.46 percent.
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The composite index of Medicare and commercial revenue grew 5.61 percent, and commercial revenue increased 7.48 percent, the report said. Other indexes in the report include the following:
• The composite index of hospital commercial and Medicare revenue growth increased 5.16 percent. The hospital commercial index grew 8.43 percent while the hospital Medicare index only increased 0.97 percent.
• The composite index of professional services commercial and Medicare revenue growth increased 5.89 percent. The professional services commercial index increased 6.49 percent, and the professional services Medicare index rose 4.46 percent.
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