Medicaid (Fee for Service Only) for Outpatient Mental Health and Substance Abuse Centers, All Establishments, Employer Firms
OMHASACMFS4262142 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,533.00
Year-over-Year Change
70.46%
Date Range
1/1/2015 - 1/1/2022
Summary
This economic trend measures the Medicaid fee-for-service payments for outpatient mental health and substance abuse services at employer firms. It provides insight into the utilization and costs of these critical healthcare services.
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 Medicaid (Fee for Service Only) for Outpatient Mental Health and Substance Abuse Centers, All Establishments, Employer Firms series tracks the value of Medicaid payments for outpatient mental health and substance abuse services provided at employer-based healthcare facilities. This data is used to analyze trends in access, affordability, and utilization of these essential behavioral health services.
Methodology
The data is collected through surveys of healthcare providers and Medicaid reimbursement records.
Historical Context
This economic indicator is monitored by policymakers, researchers, and healthcare organizations to understand the role of Medicaid in supporting mental health and addiction treatment services.
Key Facts
- Medicaid is a key payer for outpatient mental health and substance abuse services.
- Employer-based healthcare facilities are a major provider of these services.
- Tracking Medicaid fee-for-service payments helps monitor access and affordability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of Medicaid fee-for-service payments for outpatient mental health and substance abuse services provided at employer-based healthcare facilities.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for understanding the role of Medicaid in supporting access to critical behavioral health services, particularly at employer-based healthcare providers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of healthcare providers and Medicaid reimbursement records.
Q: How is this trend used in economic policy?
A: Policymakers, researchers, and healthcare organizations use this data to monitor the affordability and utilization of mental health and substance abuse treatment services covered by Medicaid.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and the data may not capture all Medicaid-funded services due to differences in state-level program structures.
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Citation
U.S. Federal Reserve, Medicaid (Fee for Service Only) for Outpatient Mental Health and Substance Abuse Centers, All Establishments, Employer Firms (OMHASACMFS4262142), retrieved from FRED.