Hospital Prices Grew 1.6% in August

Hospital wholesale prices increased 1.6 percent from July to August, according to the latest statistics from the Bureau of Labor Statistics‘ Producer Price Index.

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Wholesale prices in other healthcare markets were more sluggish: physician office prices grew only 0.1 percent and home healthcare prices grew 0.2 percent. Prices for the overall healthcare industry increased 0.9 percent.

The Producer Price Index measures the average change over time in the selling prices received by domestic producers for their output.

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