Prices for hospital services climbed 0.9% in Julytriple the 0.3% increase in June and the
highest monthly increase for the year, according to the U.S. Bureau of Labor Statistics
seasonally adjusted Consumer Price Index. For the 12 months ended in July, the hospital
CPI was up 6.4%.
The physician CPI rose 0.4% in July after a 0.3% increase in June. For the 12-month
period, the physician CPI rose 4.1%. On a seasonally adjusted basis, the CPI in general
advanced 0.1% in July, following a 0.2% increase in June. The CPI is a measure of the
average change in prices over time of goods and services purchased by households. -- by
What do you think? Post a comment on this article and share your opinion with other readers. Submit your letter to Modern Healthcare Online at [email protected]. Please be sure to include your hometown and state, along with your organization and title.