Consumer prices for hospital services increased 0.6% for the second straight month in May, according to seasonally adjusted Consumer Price Index figures from the U.S. Bureau of Labor Statistics. That compares with the 0.7% increase in May 2011. For the year ended last month, hospital consumer prices climbed 5.1%, a deceleration from the prior year's increase of 6.2%.
Hospital CPI rises 0.6% in May; doc-office prices up 0.2%
Inpatient hospital prices rose faster than outpatient prices in May, climbing 0.7% and 0.5%, respectively.
Consumer prices for physician-office services increased at a more modest 0.2% last month after the 0.3% gain in April. Consumer physician-office prices were flat a year ago May. For the 12 months ended in May, physician-office prices increased 1.6% compared with 3% the prior year.
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