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Sharp increase in August hospital consumer prices
Modern Healthcare

Hospital consumer prices spiked 1.9% in August, the largest one-month increase since the Bureau of Labor Statistics first collected the data 16 years ago. The sharp increase this year reflects the rate increases hospitals received in July from commercial insurers, said Daniel Ginsburg, a supervisory economist with the Bureau of Labor Statistics. The agency’s Consumer Price Index does not include rates that hospitals receive from Medicaid or Medicare Part A.