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. 2015 Mar 16;50(6):2037–2047. doi: 10.1111/1475-6773.12304

Table 2.

Pearson's Correlation Coefficients for Price Index Methodologies, 2012, MSAs with 15%+ of the PPO Population

Implied Price Measure Laspeyres Price Indices
Sentinel Services Market Basket
Office Visit Brain MRI Joint Replacement Childbirth Colectomy Pneumonia Hospitalization Narrow Basket Broad Basket
Implied price measure 1 0.72 (<.0001) 0.76 (<.0001) 0.62 (<.0001) 0.43 (<.0001) 0.51 (<.0001) 0.29 (<.0001) 0.97 (<.0001) 0.97 (<.0001)
Sentinel services Office visit 1 0.57 (<.0001) 0.36 (<.0001) 0.26 (<.0001) 0.29 (0.01) 0.09 (0.17) 0.80 (0.0001) 0.76 (0.0001)
Brain MRI 1 0.35 (0.09) 0.14 (0.04) 0.26 0.0001 0.09 (0.18) 0.81 (<.0001) 0.82 (<.0001)
Joint replacement 1 0.31 (<.0001) 0.45 (<.0001) 0.29 (<.0001) 0.53 (<.0001) 0.51 (<.0001)
Childbirth 1 0.42 (<.0001) 0.41 (<.0001) 0.35 (<.0001) 0.33 (<.0001)
Colectomy 1 0.28 (<.0001) 0.43 (<.0001) 0.41 (<.0001)
Pneumonia hospitalization 1 0.22 (<.0006) 0.20 (<.0023)
Market basket Narrow basket 1 0.99 (<.0001)
Broad basket 1