Medicare (Fee for Service Only From Parts A, B and D) for Offices of Dentists, All Establishments, Employer Firms
OODMFSOFPA46212 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
798.00
Year-over-Year Change
-4.09%
Date Range
1/1/2018 - 1/1/2019
Summary
This economic trend measures the cost of Medicare fee-for-service payments to dental offices and clinics, providing insights into healthcare expenditures and utilization within the dental industry.
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 Medicare (Fee for Service Only From Parts A, B and D) for Offices of Dentists, All Establishments, Employer Firms metric tracks the total value of Medicare fee-for-service payments made to dental providers. This data point is used by economists and policymakers to analyze healthcare costs and utilization patterns in the dental sector.
Methodology
The data is collected by the U.S. Centers for Medicare & Medicaid Services (CMS) through claims processing and administrative records.
Historical Context
This metric is relevant for understanding trends in government healthcare spending and the role of Medicare in supporting dental care access.
Key Facts
- Medicare covers fee-for-service dental services under Parts A, B, and D.
- Dental offices are a key provider of Medicare-reimbursed healthcare services.
- Tracking Medicare dental payments helps monitor access and affordability.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of Medicare fee-for-service payments made to dental offices and clinics in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into healthcare expenditures and utilization patterns within the dental industry, which is relevant for economists, policymakers, and healthcare analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Centers for Medicare & Medicaid Services (CMS) through claims processing and administrative records.
Q: How is this trend used in economic policy?
A: This metric is used to understand trends in government healthcare spending and the role of Medicare in supporting access to dental care.
Q: Are there update delays or limitations?
A: There may be delays in data reporting due to the time required for claims processing and administrative reporting.
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Citation
U.S. Federal Reserve, Medicare (Fee for Service Only From Parts A, B and D) for Offices of Dentists, All Establishments, Employer Firms (OODMFSOFPA46212), retrieved from FRED.