According to the Bureau of Labor Statistics, the overall hospital prices rose 0.1% in September, and were 2.8% higher than a year ago. A news item in AHA News.com reported that prices at general medical and surgical hospitals rose 0.1% and were 2.9% higher than in September 2006, according to the BLS’ Producer Price Indices, which measure average changes in selling prices received by domestic producers for their output. For hospitals, this translates into actual or expected reimbursement for a sample of treatments or services. The PPI for hospitals measure changes in actual or expected reimbursement received for services across the full range of payer types. This includes the negotiated contract rate from the payer plus any portion expected to be paid by the patient.
Hospital prices climb 0.1% in September
More from GeneralMore posts in General »
- AIHW: International Health Data Comparisons 2020
- Diagnostic Errors, Maternal Health Top ECRI’s 2020 Patient Safety Concerns
- Calls for Medical Devices Registry in UK to Reduce Risk of Patient Harm
- Research Finds 4 in 10 patients Harmed by Medical Errors, Many Preventable, in Primary and Outpatient Settings
- Out of Network CO APCD Data Now Available