I wanted to share this with our readers since most of us practice in a hospital.
The producer price index for acute-care hospitals increased 1.7 percent between September 2013 and September 2014, according to figures from the Bureau of Labor Statistics.
Overall hospital prices also increased 0.2 percent between August and September.
The PPI for hospitals measures “changes in actual or expected reimbursement received for services across the full range of payer types,” according to the American Hospital Association. “This includes the negotiated contract rate from the payer plus any portion expected to be paid by the patient.”
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