Medical Services Expenditures by Disease: Diseases of the Circulatory System Price Index, Blended Account Basis
This dataset tracks medical services expenditures by disease: diseases of the circulatory system price index, blended account basis over time.
Latest Value
106.39
Year-over-Year Change
22.50%
Date Range
1/1/2000 - 1/1/2021
Summary
The Medical Services Expenditures by Disease: Diseases of the Circulatory System Price Index, Blended Account Basis measures changes in the prices paid for medical services related to circulatory system diseases. This key economic indicator is used by policymakers and analysts to track healthcare cost inflation.
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
This price index tracks the costs of medical services and treatments for circulatory system diseases, which include heart disease, stroke, and related conditions. It represents a blended measure across different healthcare accounts and is a valuable data point for understanding trends in healthcare expenditures.
Methodology
The data is collected through surveys of healthcare providers and payers by the U.S. Bureau of Economic Analysis.
Historical Context
This index is used by economists, healthcare analysts, and policymakers to monitor changes in the costs of circulatory disease treatment over time.
Key Facts
- The index has a base year of 2012.
- Circulatory system diseases account for over $300 billion in annual U.S. healthcare spending.
- The index has shown steady increases in prices for circulatory disease treatments in recent years.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices paid for medical services related to diseases of the circulatory system, including heart disease and stroke.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of healthcare cost inflation and can inform policy decisions, budgeting, and cost management efforts related to circulatory diseases.
Q: How is this data collected or calculated?
A: The data is collected through surveys of healthcare providers and payers by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to monitor changes in the costs of treating circulatory diseases, which can inform healthcare policy, budgeting, and cost control efforts.
Q: Are there update delays or limitations?
A: The index is published quarterly with a lag of several months, and may not capture all aspects of circulatory disease treatment costs.
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Citation
U.S. Federal Reserve, Medical Services Expenditures by Disease: Diseases of the Circulatory System Price Index, Blended Account Basis (DICISYPIBLEND), retrieved from FRED.