Total Expenses for Hospitals, Establishments Exempt from Federal Income Tax
EXP622TAXEPT144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
354,132.00
Year-over-Year Change
29.18%
Date Range
10/1/2004 - 1/1/2025
Summary
This economic indicator tracks total expenses for non-profit hospitals and other healthcare facilities exempt from federal income tax. It provides insight into the cost structure and financial health of 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 Hospitals, Establishments Exempt from Federal Income Tax' series measures the total operating and capital expenses incurred by non-profit hospitals and other healthcare providers that are exempt from federal income taxation. This metric is used by economists and policymakers to analyze trends in healthcare costs and the financial status of the non-profit hospital industry.
Methodology
The data is collected through surveys of healthcare providers and compiled by the U.S. Census Bureau.
Historical Context
This economic indicator informs discussions around healthcare policy, regulations, and market dynamics.
Key Facts
- Non-profit hospitals account for over 50% of all U.S. hospital beds.
- Total expenses for exempt hospitals grew by over 30% from 2010 to 2020.
- Labor costs make up the largest share of total expenses for non-profit hospitals.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total operating and capital expenses incurred by non-profit hospitals and other healthcare providers that are exempt from federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the cost structure and financial health of a key sector of the U.S. healthcare system, informing discussions around healthcare policy, regulations, and market dynamics.
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: This indicator is used by economists and policymakers to analyze trends in healthcare costs and the financial status of the non-profit hospital industry, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, and may not capture all expenses for some healthcare providers.
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Citation
U.S. Federal Reserve, Total Expenses for Hospitals, Establishments Exempt from Federal Income Tax (EXP622TAXEPT144QNSA), retrieved from FRED.