Prices for hospital services rose 1.1% in January, up from a 0.6% increase in December and the highest jump since April 2002 when it increased 1.2%, according to the U.S. Bureau of Labor Statistics seasonally adjusted Consumer Price Index. For the 12 months ended in January, the hospital CPI was up 8.8%, compared with a 6.4% rise in the year-ago period. The physician CPI rose 0.2% in January, down from the 0.3% rise in December. For the 12-month period, the physician CPI rose 3.5%, compared with a 3.2% increase in the year-ago period. In general, on a seasonally adjusted basis, the CPI increased 0.4% in January. -- by Cinda Becker
Hospital service prices jump 1.1%
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