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Spending on hospital care soars in February
Modern Healthcare

U.S. health expenditures in February 2015 climbed 6.6% compared with the same month last year. A sharp rise in hospital spending was among the primary catalysts.

Spending on hospital care grew by 9% in the 12 months ended in February, according to the Altarum Institute’s Center for Sustainable Health Spending. That was a sharp divergence from same period a year ago, when hospital spending increased 3.1%.

The 9% jump was also more pronounced than what Altarum recorded from January 2014 to January 2015. In that 12-month span, hospital spending increased 6.1%.