News for hackers. Stuff that matters.
Re:Doctors, Revolt by maxerickson on Sunday February 25, 2018 @08:14AM (#16458773)
Presumably the underlying data for the linked chart is already adjusted for inflation. And the index used doesn't matter all that much, it will be applied to both data series and various inflation measures aren't that different anyway.

The higher administrative costs at US hospitals account for something like 3% or 4% of total US healthcare spending. A huge win if you take it all back and not any sort of solution to the cost problem.

Re:Doctors, Revolt by beagle3 on Sunday February 25, 2018 @03:29PM (#16461002)
Different inflation measures can diverge up to 1%/year, so at 50 years, the choice matters a lot. Also, things like "core CPI" get redefined through the years (in a way that almost always makes them lower) and other "hedonistic" adjustments are not universally accepted.