Consumer hospital prices increased 0.6% in August, according to seasonally adjusted figures from the U.S. Bureau of Labor Statistics. The price gain was little changed from the 0.5% increase in July and the 0.5% increase in August 2010. For the 12-month period ended in August, consumer hospital prices, as measured by the Consumer Price Index, increased 7% compared with 6.9% a year ago.
Consumers see hospital prices rise 0.6% in August
Inpatient and outpatient consumer hospital prices grew at roughly the same rate last month. Consumer prices for inpatient services increased 0.6% in August; outpatient hospital consumer prices increased 0.5%.
For physician services, the index of consumer prices found a seasonally adjusted increase of 0.2% in August. In July, consumer physician prices increased 0.1%. A year ago last month, physician consumer prices increased 0.2%.
For the 12-month period ended in August, consumer physician prices rose 2.5% compared with 3.2% the prior year.
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