Wholesale prices for acute-care hospital services increased 0.2% in January following the prior month's 0.5% gain, according to preliminary figures released by the U.S. Bureau of Labor Statistics. In January 2010, the agency's Producer Price Index recorded a one-month rise of 0.5%. Wholesale acute-care hospital prices for the 12-month period ended in January climbed 1.8%, compared with a 3.6% increase a year before.
Wholesale hospital prices rise 0.2% in January
Preliminary figures for physician office wholesale prices show a drop of 0.6% for January after no change the prior month. In January 2010, the physician Producer Price Index increased 0.7%. For the 12-month period ended in January, the preliminary physician price index rose 0.9%, also more slowly than the prior 12-month gain of 2.3%.
The PPI, which measures prices paid by patients as well as public and private insurers, shows hospital and physician price gains slowed in 2010, the BLS said last month, though the results included preliminary figures.
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