Mar 10 2012
Reuters: Hospital Spending Hints Q4 GDP May Be Revised Higher
Spending at hospitals surged in the fourth quarter, government data showed on Thursday, suggesting economic growth during that period could be revised significantly higher. Hospital revenue increased a seasonally adjusted 3.5 percent after declining 1.5 percent in the third quarter, the Commerce Department said in its Quarterly Services Survey report (3/8).
This article was reprinted from kaiserhealthnews.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente. |