News Headlines Article

Consumers see dip in hospital prices
Modern Healthcare

Consumer prices for hospital services slid in January, producing a rare drop in the seasonally adjusted Consumer Price Index for the sector. The U.S. Bureau of Labor Statistics said consumer hospital prices fell 0.2% last month, only the fifth time the index has recorded a one-month price decline in the 14 years of available data. The hospital CPI measures the prices paid out-of-pocket by households but also captures insurance payments for plans that require patients to pay at least some of their bill through deductibles, copayments or co-insurance.