Private Health Insurance (Includes Medicare (Part C) and Medicaid Managed Care Plans) for Outpatient Mental Health and Substance Abuse Centers, All Establishments, Employer Firms
OMHASACPHI462142 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,581.00
Year-over-Year Change
136.09%
Date Range
1/1/2015 - 1/1/2022
Summary
This economic trend measures the percentage of total revenue for outpatient mental health and substance abuse centers that comes from private health insurance, including Medicare (Part C) and Medicaid managed care plans. It provides insight into the healthcare industry's reliance on private insurance for outpatient behavioral health 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 Private Health Insurance for Outpatient Mental Health and Substance Abuse Centers trend tracks the role of private insurance in funding outpatient behavioral healthcare. It is a key indicator of the industry's revenue sources and the degree to which private payers shape the provision of these critical services.
Methodology
The data is collected through surveys of outpatient mental health and substance abuse centers by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers, healthcare providers, and industry analysts to understand dynamics in the outpatient behavioral health market.
Key Facts
- Outpatient mental health and substance abuse centers derive over half their revenue from private insurance.
- The share of revenue from private insurance has increased steadily over the past decade.
- Behavioral health service provision is increasingly shaped by private payer reimbursement policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of total revenue for outpatient mental health and substance abuse centers that comes from private health insurance, including Medicare (Part C) and Medicaid managed care plans.
Q: Why is this trend relevant for users or analysts?
A: This trend provides key insights into the healthcare industry's reliance on private insurance for outpatient behavioral health services, which is crucial for understanding dynamics in the outpatient behavioral health market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of outpatient mental health and substance abuse centers by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, healthcare providers, and industry analysts to understand the role of private insurance in funding outpatient behavioral healthcare and the implications for service provision.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a delay of several months, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Private Health Insurance (Includes Medicare (Part C) and Medicaid Managed Care Plans) for Outpatient Mental Health and Substance Abuse Centers, All Establishments, Employer Firms (OMHASACPHI462142), retrieved from FRED.