Medical Services Expenditures by Disease: Diseases of the Circulatory System Price Index, MEPS Account Basis
This dataset tracks medical services expenditures by disease: diseases of the circulatory system price index, meps account basis over time.
Latest Value
109.17
Year-over-Year Change
8.13%
Date Range
1/1/2000 - 1/1/2021
Summary
The Medical Services Expenditures by Disease: Diseases of the Circulatory System Price Index, MEPS Account Basis measures price changes for medical services used to treat diseases of the circulatory system. This is an important economic indicator for healthcare and policy analysis.
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 index tracks the prices paid for medical services and goods related to treating diseases of the circulatory system, such as heart disease and stroke. It is used to monitor inflation in this key healthcare category and support economic analysis of medical spending.
Methodology
The data is collected through the Medical Expenditure Panel Survey (MEPS), a nationally representative survey of healthcare utilization and expenditures.
Historical Context
Policymakers and healthcare economists rely on this index to assess cost trends and the affordability of circulatory disease treatment.
Key Facts
- This index has a base year of 2001.
- Diseases of the circulatory system account for over $300 billion in annual U.S. healthcare spending.
- Price changes in this index can impact patient access and affordability of treatments.
FAQs
Q: What does this economic trend measure?
A: This index measures price changes for medical services and goods used to treat diseases of the circulatory system, such as heart disease and stroke.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator for monitoring healthcare inflation and assessing the affordability of circulatory disease treatment.
Q: How is this data collected or calculated?
A: The data is collected through the nationally representative Medical Expenditure Panel Survey (MEPS).
Q: How is this trend used in economic policy?
A: Policymakers and healthcare economists use this index to analyze cost trends and the impact of medical price changes on patient access and spending.
Q: Are there update delays or limitations?
A: The MEPS survey data used to calculate this index has a lag of approximately 1 year.
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Citation
U.S. Federal Reserve, Medical Services Expenditures by Disease: Diseases of the Circulatory System Price Index, MEPS Account Basis (DICISYPIMEPS), retrieved from FRED.