News Headlines Article

Cost of Medical Care Outstrips Inflation
Health Leaders Media

The cost of hospital services, which grew by 1.1% in March and 8.6% in the last 12 months, almost quadruple the 2.3% increase in the overall Consumer Price Index for the same period, the Bureau of Labor Statistics announced today. A further breakdown shows that the cost of hospital inpatient services rose 1.6% in March and 9.5% for the past 12-months, while the cost of hospital outpatient services rose 0.6% in March and 7.4% for the past year.