All Other Sources of Revenue for Patient Care for Nursing Care Facilities (Skilled Nursing Facilities), All Establishments, Employer Firms
This dataset tracks all other sources of revenue for patient care for nursing care facilities (skilled nursing facilities), all establishments, employer firms over time.
Latest Value
5511.00
Year-over-Year Change
28.73%
Date Range
1/1/2015 - 1/1/2022
Summary
This economic trend measures the revenue from all other sources, excluding patient care, for nursing care facilities in the United States. It provides insights into the financial operations and revenue diversification of these healthcare providers.
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 'All Other Sources of Revenue for Patient Care for Nursing Care Facilities (Skilled Nursing Facilities), All Establishments, Employer Firms' metric tracks the revenue generated by nursing care facilities from sources beyond direct patient care, such as ancillary services, retail sales, and investments. This data is used by economists and policymakers to analyze the financial health and revenue composition of the long-term care industry.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of nursing care facilities.
Historical Context
This trend is used to inform healthcare policy decisions and assess the financial sustainability of the nursing care industry.
Key Facts
- Nursing care facilities generate revenue beyond direct patient care.
- Ancillary services and retail sales are examples of other revenue sources.
- This data helps analyze the financial health of the long-term care industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue generated by nursing care facilities in the United States from sources other than direct patient care, such as ancillary services and retail sales.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for economists and policymakers as it provides insights into the financial operations and revenue diversification of nursing care facilities, informing healthcare policy decisions and assessments of the industry's financial sustainability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of nursing care facilities.
Q: How is this trend used in economic policy?
A: This trend is used to inform healthcare policy decisions and assess the financial sustainability of the nursing care industry.
Q: Are there update delays or limitations?
A: There may be update delays or limitations in the data due to the nature of survey-based collection by the Census Bureau.
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Citation
U.S. Census Bureau, All Other Sources of Revenue for Patient Care for Nursing Care Facilities (Skilled Nursing Facilities), All Establishments, Employer Firms (NCFNFAOSOR46231), retrieved from FRED.