Consumer prices for hospital services climbed 0.7% in March, following a 1.3% leap in February, according to the U.S. Bureau of Labor Statistics' seasonally adjusted Consumer Price Index. For the 12 months ended in March, the hospital CPI was up 6.1%. Meanwhile, the physician CPI climbed 0.5% in March after undergoing no change in February. For the 12-month period, the physician CPI rose 1.9%. The overall CPI for all urban consumers advanced 0.4% in March on a seasonally adjusted basis and was up 3.4% since March 2005 not seasonally adjusted. The CPI is a measure of the average change in prices over time of goods and services purchased by households. -- by Cinda Becker
CPI up 0.7% for hospitals, 0.5% for docs in March
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