Hospital prices fall for first time
For the first time since the federal government began collecting data, the aggregate price of acute-care hospital care declined in January compared with the previous January, Modern Healthcare reports.
During that time period, there was a 2.9 percent decrease in Medicare rates for hospital care, a 0.1 percent decline in Medicaid prices and a 1.6 percent increase in prices paid by private health plans and other payers. In aggregate, the decline was 0.1 percent.
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Executive Editor
Tim Casey joined TriMed Media Group in 2015 as Executive Editor. For the previous four years, he worked as an editor and writer for HMP Communications, primarily focused on covering managed care issues and reporting from medical and health care conferences. He was also a staff reporter at the Sacramento Bee for more than four years covering professional, college and high school sports. He earned his undergraduate degree in psychology from the University of Notre Dame and his MBA degree from Georgetown University.