Hospital Prices Up 1.3% Over 12 Months

According to figures from the Bureau of Labor Statistics, the producer price index for acute-care hospitals increased 1.3 percent between March 2013 and March 2014.

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Overall hospital prices also went up by 0.1 percent between February and March.

 

The Producer Price Index for hospitals measures “changes in actual or expected reimbursement received for services across the full range of payer types,” according to the American Hospital Association. “This includes the negotiated contract rate from the payer plus any portion expected to be paid by the patient.”

 

More Articles on Hospital Prices:
Hospital Prices Up 1.3% Year-Over-Year in February
Hospital Prices Jump 1.1% in January
Hospital Prices Increase 1.5% in December 

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