Wholesale prices for hospitals rose 0.5% in December, after a 0.2% decline in November and compared to no change in the year-ago period, according to the preliminary Producer Price Index from the Bureau of Labor Statistics. For the 12 months ended in December, the hospital PPI was up 3.7%. Physician office prices remained unchanged in December after taking a 0.2% jump in November and compared to no change in the year-ago period. For the 12-month period, the physician PPI rose 1.3%. The PPI measures the average change over time in the selling prices received by producers of goods and services. -- by Cinda Becker
Prices rise for hospitals, physicians
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