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Big drop seen in hospital PPI; doc-office prices edge down
Modern Healthcare

Wholesale prices for acute-care hospital services dropped 1.1% in September, the largest one-month decline since the U.S. Bureau of Labor Statistics began collecting comparable figures in December 2003, according to the agency’s preliminary figures. Last month’s drop follows a 1.7% increase in July, which is also preliminary. The volatility captured in preliminary figures reflects mid-year rate negotiations between insurers and hospitals, said Scott Sager, a supervisory economist with the BLS.