Medical Services Expenditures by Disease: Diseases of the Genitourinary System Price Index, MEPS Account Basis
DIGESYPIMEPS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.20
Year-over-Year Change
18.37%
Date Range
1/1/2000 - 1/1/2021
Summary
The Medical Services Expenditures by Disease: Diseases of the Genitourinary System Price Index, MEPS Account Basis measures changes in prices for medical services related to genitourinary system diseases, an important component of overall healthcare costs.
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 price of medical services for conditions affecting the urinary and reproductive systems, such as kidney disorders, prostate issues, and gynecological problems. It is a valuable metric for economists and policymakers analyzing healthcare inflation and the drivers of medical expenditures.
Methodology
The data is calculated based on medical claims and service utilization information from the Medical Expenditure Panel Survey (MEPS).
Historical Context
The index informs discussions around healthcare policy, insurance coverage, and cost control efforts.
Key Facts
- The index has a base year of 2001.
- Genitourinary system diseases account for a significant portion of overall healthcare spending.
- The index can help identify cost drivers and trends in this medical services category.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices of medical services related to diseases and conditions affecting the genitourinary system, such as kidney disorders, prostate issues, and gynecological problems.
Q: Why is this trend relevant for users or analysts?
A: This index is an important metric for economists and policymakers analyzing healthcare inflation and the drivers of medical expenditures, as genitourinary system diseases account for a significant portion of overall healthcare spending.
Q: How is this data collected or calculated?
A: The data is calculated based on medical claims and service utilization information from the Medical Expenditure Panel Survey (MEPS).
Q: How is this trend used in economic policy?
A: This index informs discussions around healthcare policy, insurance coverage, and cost control efforts, as it provides insights into the price dynamics of a key component of medical services.
Q: Are there update delays or limitations?
A: The index may be subject to update delays due to the time required to collect and process the underlying MEPS data.
Related Trends
Medical Services Expenditures by Provider: Nursing Homes Price Index
NURHOMPIHCSA
Medical Services Expenditures by Disease: Other: Congenital Anomalies Price Index, MEPS Account Basis
COGANOPIMEPS
Medical Services Expenditures by Disease: Diseases of the Musculoskeletal System and Connective Tissue Price Index, Blended Account Basis
DIMSCTPIBLEND
Medical Services Expenditures by Provider Price Index
MESEPRPIHCSA
Pharmaceutical and Other Medical Products Expenditures Price Index
PHMEPRPIHCSA
Medical Services Expenditures by Disease: Diseases of the Respiratory System Price Index, Blended Account Basis
DIRESYPIBLEND
Citation
U.S. Federal Reserve, Medical Services Expenditures by Disease: Diseases of the Genitourinary System Price Index, MEPS Account Basis (DIGESYPIMEPS), retrieved from FRED.