Healthcare DIVE December 12, 2023
The findings — some of the first from new price transparency data — illustrate how overall economic inflation could be catching up to faster health cost growth.
Healthcare prices typically rise faster than inflation, but 2023 may have bucked that trend.
The cost of shoppable medical services at hospitals increased 2% in the first three quarters of the year, according to new data from Turquoise Health released Tuesday. That’s in line with the 1.9% overall growth of the economy.
The findings — some of the first from new price transparency data disclosing the once-secret negotiated rates between health insurers and providers — illustrate how overall economic inflation could be catching up to faster health cost growth.
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