Total Expenses for General Medical and Surgical Hospitals, Establishments Exempt from Federal Income Tax
This dataset tracks total expenses for general medical and surgical hospitals, establishments exempt from federal income tax over time.
Latest Value
337388.00
Year-over-Year Change
29.30%
Date Range
7/1/2012 - 1/1/2025
Summary
This economic trend measures total operating expenses for general medical and surgical hospitals that are exempt from federal income tax. It provides insight into the financial health and cost pressures facing a key sector of the U.S. healthcare system.
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 total expenses for general medical and surgical hospitals exempt from federal income tax is an important indicator of the financial state of a critical component of the U.S. healthcare infrastructure. It captures a wide range of operating costs, including labor, supplies, and other overhead, giving economists and policymakers a high-level view of cost trends in this sector.
Methodology
The data is collected through surveys of healthcare providers and compiled by the U.S. Census Bureau.
Historical Context
This metric is closely watched by healthcare analysts, policymakers, and industry stakeholders to understand cost dynamics and their potential impact on healthcare access and affordability.
Key Facts
- Hospitals exempt from federal income tax account for over 60% of total U.S. hospital capacity.
- Total expenses for this sector have increased by over 30% in the past decade.
- Labor costs comprise the largest share of total expenses, at around 50%.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total operating expenses for general medical and surgical hospitals that are exempt from federal income tax. It provides a comprehensive view of the cost structure for a major segment of the U.S. healthcare system.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding the financial health and cost pressures facing nonprofit hospitals, which play a vital role in providing healthcare services to communities across the country. It informs policy decisions and business strategies in the healthcare sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of healthcare providers and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and healthcare analysts closely monitor this metric to assess the financial sustainability of the nonprofit hospital sector and its implications for healthcare access and affordability.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of several months. While comprehensive, the metric may not capture all expenses for some smaller or specialized healthcare facilities.
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Citation
U.S. Federal Reserve, Total Expenses for General Medical and Surgical Hospitals, Establishments Exempt from Federal Income Tax (EXP6221TAXEPT144QNSA), retrieved from FRED.