Medicaid (Fee for Service Only) for Continuing Care Retirement Communities and Assisted Living Facilities for The Elderly, All Establishments, Employer Firms
This dataset tracks medicaid (fee for service only) for continuing care retirement communities and assisted living facilities for the elderly, all establishments, employer firms over time.
Latest Value
7579.00
Year-over-Year Change
56.56%
Date Range
1/1/2015 - 1/1/2022
Summary
This economic trend measures Medicaid fee-for-service payments to continuing care retirement communities and assisted living facilities for the elderly. It provides insight into government healthcare spending and the long-term care industry.
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 Medicaid fee-for-service data for continuing care retirement communities and assisted living facilities tracks government reimbursements to these types of long-term care providers. It offers an indicator of demand and funding levels in the elderly care sector.
Methodology
The data is collected and reported by the U.S. Centers for Medicare & Medicaid Services.
Historical Context
This metric is used by policymakers, economists, and industry analysts to assess trends in Medicaid's role in financing senior housing and care.
Key Facts
- Medicaid is a major payer for long-term care services.
- The elderly population is growing, increasing demand for senior housing.
- Assisted living facilities provide an alternative to nursing homes.
FAQs
Q: What does this economic trend measure?
A: This trend measures Medicaid fee-for-service payments to continuing care retirement communities and assisted living facilities that serve the elderly population.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into government healthcare spending on long-term care services for the elderly, which is an important component of the senior housing and care industry.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Centers for Medicare & Medicaid Services.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess trends in Medicaid's role in financing senior housing and care, which informs policy decisions around healthcare and long-term care funding.
Q: Are there update delays or limitations?
A: The data may have update delays due to the time required for data collection and reporting by the government.
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All Other Non-Patient Care Revenue for Continuing Care Retirement Communities and Assisted Living Facilities for The Elderly, All Establishments, Employer Firms
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Contributions, Gifts, and Grants Received for Continuing Care Retirement Communities and Assisted Living Facilities for The Elderly, All Establishments, Employer Firms
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Expensed Purchases of Software for Continuing Care Retirement Communities and Assisted Living Facilities for The Elderly, All Establishments, Employer Firms
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Millions of Dollars, Annual, Not Seasonally Adjusted
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Citation
U.S. Centers for Medicare & Medicaid Services, Medicaid (Fee for Service Only) for Continuing Care Retirement Communities and Assisted Living Facilities for The Elderly, All Establishments, Employer Firms (CCRCAALFFTE436233), retrieved from FRED.