Medicare (Fee for Service Only From Parts A, B and D) for Offices of Physicians, Mental Health Specialists, All Establishments, Employer Firms
This dataset tracks medicare (fee for service only from parts a, b and d) for offices of physicians, mental health specialists, all establishments, employer firms over time.
Latest Value
676.00
Year-over-Year Change
57.94%
Date Range
1/1/2015 - 1/1/2022
Summary
This economic trend measures the cost of Medicare fee-for-service coverage for physician offices, mental health specialists, and other healthcare establishments with employer-based insurance plans.
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 Physicians, Mental Health Specialists, All Establishments, Employer Firms data series tracks the average cost of Medicare coverage for healthcare providers, a key input for economic analysis of healthcare and insurance markets.
Methodology
The data is collected by the U.S. Centers for Medicare & Medicaid Services.
Historical Context
This metric is used by policymakers, economists, and industry analysts to monitor healthcare costs and the impacts of Medicare policy changes.
Key Facts
- Medicare covers over 60 million Americans.
- Physician offices account for over $700 billion in annual healthcare spending.
- Medicare fee-for-service is the largest government health insurance program in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average cost of Medicare fee-for-service coverage for physician offices, mental health specialists, and other healthcare establishments with employer-based insurance plans.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding healthcare costs and the financial impacts of Medicare policy on healthcare providers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Centers for Medicare & Medicaid Services.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts use this metric to monitor healthcare costs and assess the impacts of Medicare policy changes.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all healthcare establishments or insurance plan types.
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Citation
U.S. Centers for Medicare & Medicaid Services, Medicare (Fee for Service Only From Parts A, B and D) for Offices of Physicians, Mental Health Specialists, All Establishments, Employer Firms (OOPMHSMFSO41621112), retrieved from FRED.