Rising Prices Drove Spending Growth in 2011
Prices rose for all major categories of health care—hospital stays, outpatient care, procedures and prescriptions—outpacing an uptick in the use of many of these services. Prices rose fastest for outpatient care.
“Prices continue be the main culprit for rising health care costs,” said HCCI Executive Director David Newman. “If we are really going to get health care spending under control, we have to better understand why those prices are rising and the implications those increases have for the U.S. health care budget.”
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