Wholesale acute-care hospital prices rose 0.9% in October following a 0.1% drop the month earlier, according to the U.S. Labor Department's Producer Price Index, released today. The PPI measures changes in net revenue per episode of care. The increase in October was the largest monthly jump in the hospital PPI this year. For the 12-month period ended in October, hospital prices were up 3.8%. Wholesale prices for physician services, meanwhile, rose 0.2% in October and were unchanged for the 12-month period ended in October. -- by David Burda
Hospital prices jump nearly 1% in October
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