Hospital wholesale prices fell 1 percent in September, according to the latest statistics from the Bureau of Labor Statistics' Producer Price Index.
Other healthcare sectors saw similar declines or flat growth: Physician office prices fell 0.1 percent; home healthcare service prices fell 0.2 percent and nursing care facility prices were flat. Overall, the healthcare industry saw a 0.5 percent decrease in wholesale prices.
The Producer Price Index measures the average change over time in the selling prices received by domestic producers for their output.
Other healthcare sectors saw similar declines or flat growth: Physician office prices fell 0.1 percent; home healthcare service prices fell 0.2 percent and nursing care facility prices were flat. Overall, the healthcare industry saw a 0.5 percent decrease in wholesale prices.
The Producer Price Index measures the average change over time in the selling prices received by domestic producers for their output.
More Articles on BLS:
Hospitals Add 8K Jobs in September
Hospital Prices Grew 1.6% in August
Healthcare Industry Adds 16,700 Jobs in August