Medical Services Expenditures by Disease: Diseases of the Genitourinary System Price Index, Blended Account Basis
DIGESYPIBLEND • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.50
Year-over-Year Change
5.72%
Date Range
1/1/2000 - 1/1/2021
Summary
The Medical Services Expenditures by Disease: Diseases of the Genitourinary System Price Index, Blended Account Basis tracks changes in the prices paid for medical services related to diseases of the genitourinary system. This index is an important indicator for understanding healthcare costs and utilization.
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 measures price changes for a range of medical services and procedures associated with diseases of the genitourinary system, which includes the kidneys, bladder, and related organs. It is a valuable tool for economists, policymakers, and healthcare analysts to monitor trends in medical spending and inflation within this treatment category.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This index provides important context for evaluating healthcare policy and the economic impacts of medical cost trends.
Key Facts
- The index is measured on a blended account basis, combining public and private insurance data.
- Prices for genitourinary disease treatments have risen faster than overall medical inflation in recent years.
- Monitoring this index helps policymakers understand cost drivers in a major healthcare category.
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 genitourinary system, including the kidneys, bladder, and related organs.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into healthcare cost inflation and utilization patterns for a significant category of medical treatments, which is vital information for policymakers, economists, and healthcare analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This index is used by policymakers, economists, and healthcare institutions to evaluate cost trends and inform decisions related to healthcare policy, insurance coverage, and medical spending.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of the latest data, and the index may not capture all aspects of medical services related to genitourinary diseases.
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Citation
U.S. Federal Reserve, Medical Services Expenditures by Disease: Diseases of the Genitourinary System Price Index, Blended Account Basis (DIGESYPIBLEND), retrieved from FRED.