Heathcare prices remain sluggish

Healthcare price inflation (HCPI) in August was 1 percent higher than last year and growing at a historically low rate, according to the October Altarum's Health Sector Economic Indicator report. The analysis indicates the 12-month moving average, at 1.5 percent in August 2013, is the lowest level in the company's data, and likely all-time. The HCPI remains low due to lower hospital price growth–at 1.5 percent year-over-year, its lowest rate since 1.3 percent growth in December 1998. Other key findings: Physicians and clinical services prices rose 0.3 percent and prescription drugs rose 0.2 percent, three-tenths above the all-time low set last month. Report (.pdf)

Suggested Articles

The profit margins and management of Community Health Group raise questions about oversight of managed care insurers.

Financial experts are warning practices about the pitfalls of promoting medical credit cards to their patients.

A proposed rule issued by HHS on Tuesday would expand short-term coverage, a move Seema Verma said will have "virtually no impact" on ACA premiums.