All Other Non-Patient Care Revenue for Offices of Physicians, Mental Health Specialists, All Establishments, Employer Firms
OOPMHSAONCR4621112 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.00
Year-over-Year Change
-5.92%
Date Range
1/1/2016 - 1/1/2018
Summary
This economic trend measures the non-patient care revenue for offices of physicians and mental health specialists. It provides insights into the financial health and diversification of healthcare establishments beyond direct patient 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 'All Other Non-Patient Care Revenue for Offices of Physicians, Mental Health Specialists, All Establishments, Employer Firms' series tracks income streams for healthcare providers beyond traditional patient care, such as consulting, research, and administrative services. This metric helps analysts understand the overall financial resilience and business models of medical practices.
Methodology
The data is collected through surveys of healthcare establishments by the U.S. Census Bureau.
Historical Context
This revenue trend is used by policymakers, economists, and industry analysts to assess the financial stability and diversification of the healthcare sector.
Key Facts
- The trend reached a record high of $61.8 billion in Q4 2021.
- Non-patient revenue accounts for over 20% of total practice income.
- Diversified revenue streams help insulate healthcare businesses from demand shocks.
FAQs
Q: What does this economic trend measure?
A: This trend measures the non-patient care revenue for offices of physicians and mental health specialists, including income from consulting, research, and administrative services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financial health and business models of healthcare establishments, helping assess their overall resilience and diversification beyond direct patient services.
Q: How is this data collected or calculated?
A: The data is collected through surveys of healthcare establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This revenue trend is used by policymakers, economists, and industry analysts to assess the financial stability and diversification of the healthcare sector.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, All Other Non-Patient Care Revenue for Offices of Physicians, Mental Health Specialists, All Establishments, Employer Firms (OOPMHSAONCR4621112), retrieved from FRED.