October 17, 2000
Prices increased by 4.0 percent in both the home health care services industry and the skilled and intermediate care facilities industry between December 1998 and December 1999—these price rises were the biggest among the measured health care service industries.
At the other end of the spectrum, prices fell by 0.8 percent in the medical laboratories industry in 1999 and rose only 0.9 percent at psychiatric hospitals. In between were general medical and surgical hospitals (1.8 percent), offices of physicians (2.1 percent), and specialty hospitals, except psychiatric (2.7 percent).
These data are a product of the BLS Producer Price Index program. Learn more in "Rising producer prices in 1999 dominated by energy goods," by Eleni Xenofondos and William F. Snyders, Monthly Labor Review, August 2000.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer prices for health care services in 1999 on the Internet at http://www.bls.gov/opub/ted/2000/oct/wk3/art02.htm (visited November 27, 2014).
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