Prices paid to physicians' offices, excluding mental health, rose 0.1% in April, resulting in a 12-month price rise of 0.6%, according to preliminary data from the U.S. Bureau of Labor Statistics' Producer Price Index. Prices paid to physicians had fallen 0.2% in March, and risen 0.5% in February and 0.2% in January, according to the PPI, also based on preliminary data from the BLS.
The PPI is a measure of the average change over time in the selling prices received by domestic producers.
Prices paid to acute-care hospitals climbed 0.1% in April and rose 3.4% in the 12 months through April, according to the PPI. The small increase in April followed a dip of 0.1% in March and strong rises of 0.6% in both January and February.