Expenses for Outpatient Mental Health and Substance Abuse Centers, All Establishments, Employer Firms
This dataset tracks expenses for outpatient mental health and substance abuse centers, all establishments, employer firms over time.
Latest Value
26580.00
Year-over-Year Change
113.96%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the expenses incurred by outpatient mental health and substance abuse centers in the United States, providing valuable insights into the healthcare industry and public health policy.
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 'Expenses for Outpatient Mental Health and Substance Abuse Centers, All Establishments, Employer Firms' data series tracks the operating costs of these specialized healthcare facilities, which play a crucial role in addressing mental health and addiction-related issues.
Methodology
The data is collected through surveys of healthcare establishments by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers, healthcare economists, and industry analysts to assess the state of the mental health and substance abuse treatment sector.
Key Facts
- Outpatient mental health and substance abuse centers are a critical part of the U.S. healthcare system.
- Expenses for these centers have steadily increased over the past decade.
- Tracking this trend helps policymakers assess the availability and affordability of mental health services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total expenses incurred by outpatient mental health and substance abuse centers in the United States, including labor, supplies, and other operational costs.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the financial health and accessibility of the mental health and substance abuse treatment sector, which is crucial for understanding public health and healthcare policy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of healthcare establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, healthcare economists, and industry analysts use this trend to assess the availability and affordability of mental health and substance abuse services, which informs policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, and may not capture all types of outpatient mental health and substance abuse facilities.
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Citation
U.S. Federal Reserve, Expenses for Outpatient Mental Health and Substance Abuse Centers, All Establishments, Employer Firms (OMHASACEAEE362142), retrieved from FRED.