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In a single year, basic hospital prices soar

In a single year, basic hospital prices soar

(NEWSER) – Over the course of a single year, hospitals charged noticeably more for a range of standard procedures, the New York Times finds. Medicare data show that for 91 of 98 common ailments, hospitals' 2012 prices increased more than the rate of inflation from a year earlier: Chest pain charges jumped 10%, while digestive procedures jumped 8.5%. At the same time, Medicare boosted payment rates by 1%, and inflation was 2%, the Times reports. Meanwhile, amid a push for hospitals to focus on cheaper outpatient care, the number of Medicare patients hospitalized for these 98 ailments fell from 7.5 million to 7.2 million.

Photo Credit: Shutterstock/Oleg Ivanov, IL

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