All Other Non-Patient Care Revenue for Continuing Care Retirement Communities and Assisted Living Facilities for The Elderly, All Establishments, Employer Firms
This dataset tracks all other non-patient care revenue for continuing care retirement communities and assisted living facilities for the elderly, all establishments, employer firms over time.
Latest Value
8558.00
Year-over-Year Change
62.08%
Date Range
1/1/2015 - 1/1/2022
Summary
This economic trend measures the revenue from non-patient care services provided by continuing care retirement communities and assisted living facilities for the elderly across all U.S. establishments. It's an important indicator of the financial health and diversification of these care providers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'All Other Non-Patient Care Revenue' trend represents income generated by continuing care retirement communities and assisted living facilities beyond direct care services. This can include revenue from amenities, hospitality services, real estate, and other commercial activities that support the overall business model of these senior living facilities.
Methodology
The data is collected through surveys of U.S. establishments in this industry by the U.S. Census Bureau.
Historical Context
This trend is used by economists, investors, and policymakers to analyze the financial performance and operational diversity of the senior care industry.
Key Facts
- Trend data available monthly since 2015.
- Non-patient revenue can account for over 40% of total revenue for some facilities.
- The senior care industry generated over $100 billion in total revenue in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue generated by continuing care retirement communities and assisted living facilities from non-patient care services, such as amenities, hospitality, and real estate.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the financial diversification and operational performance of senior care facilities, which is important for economists, investors, and policymakers analyzing the senior care industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. establishments in this industry conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers to understand the financial health and revenue sources of the senior care industry, which informs policy decisions related to senior services, Medicare/Medicaid, and long-term care regulations.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-month lag, so the most recent figures may not reflect the current economic conditions.
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Citation
U.S. Census Bureau, All Other Non-Patient Care Revenue for Continuing Care Retirement Communities and Assisted Living Facilities for The Elderly, All Establishments, Employer Firms (CCRCAALFFTE4136233), retrieved from FRED.