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How Hospitals Charge More When Inflation Is Low

Inflation has been cooling—CPI is at 332.4, core PCE at 129.6—but hospital prices are still climbing at 4% annually. Lucas and Luna examine why medical inflation refuses to follow the broader trend, focusing on the role of private equity roll-ups in hospital systems and the opaque chargemaster pricing that lets hospitals boost charges even when input costs are stable. Using data from the latest CPI report and a recent study on hospital consolidation, they explain how market power, not costs, is driving the wedge. If you're paying higher premiums or bigger copays, this episode shows where…

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