The Consumer Price Index for hospitals, which track changes in reimbursement paid by private insurers
, increased 0.5% last month after the prior month's 0.8% gain.
Newly released data from the U.S. Bureau of Labor Statistics
for the Consumer Price Index
, which does not include Medicare Part A and Medicaid reimbursement, shows the increase in April is a swing from the 0.5% decline reported during the same month last year. During the year that ended in April, the Consumer Price Index increased 6.1% compared with 4.3% the prior year. The figures are seasonally adjusted.
The index of consumer prices for inpatient hospital service increased 0.4% last month; the outpatient hospital CPI climbed 0.5%.
The CPI for physician services increased 0.3% in April after the 0.2% climb in March. In April 2013, the physician service CPI increased 0.4%. For the year that ended last month, the measure of inflation captured a 1.4% price increase compared with 2.7% the year before. Follow Melanie Evans on Twitter: @MHmevans