The producer price index for acute-care hospitals increased 1.2 percent between October 2012 and October 2013, according to figures from the Bureau of Labor Statistics.
Hospital prices also went up by 0.2 percent from September to October this year.
The PPI for hospitals measures "changes in actual or expected reimbursement received for services across the full range of payer types," according to the American Hospital Association. "This includes the negotiated contract rate from the payer plus any portion expected to be paid by the patient."
More Articles on Hospital Prices:
Hospital Prices Rise 1.9% Since 2012
Hospital Prices Up 1.5% in September
Hospital Prices Saw 0.1% Decline in August