Total Revenue for General Medical and Surgical Hospitals, Establishments Subject to Federal Income Tax
REV6221TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35,824.00
Year-over-Year Change
17.09%
Date Range
7/1/2012 - 1/1/2025
Summary
This metric tracks the total revenue for general medical and surgical hospitals that are subject to federal income tax. It provides a high-level view of the financial performance of a crucial segment of the healthcare 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 Total Revenue for General Medical and Surgical Hospitals, Establishments Subject to Federal Income Tax is a key indicator for analyzing the financial health and market dynamics of the U.S. hospital sector. It covers hospitals that must pay federal income taxes, which excludes many non-profit institutions.
Methodology
The data is collected by the U.S. Census Bureau through quarterly surveys of healthcare establishments.
Historical Context
This revenue trend is closely monitored by policymakers, economists, and healthcare industry analysts to assess market conditions and the impact of regulatory changes.
Key Facts
- This metric covers for-profit general hospitals, excluding non-profit and government-owned facilities.
- Total revenue includes income from patient services, ancillary activities, and other operating sources.
- The data is reported on a quarterly basis with a lag of several months.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total revenue generated by general medical and surgical hospitals that are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This revenue data provides insights into the financial performance and market dynamics of a crucial segment of the U.S. healthcare industry.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys of healthcare establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this revenue trend to assess the impact of regulatory changes and overall market conditions in the hospital sector.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis with a lag of several months, and it only covers for-profit general hospitals, excluding non-profit and government-owned facilities.
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Citation
U.S. Federal Reserve, Total Revenue for General Medical and Surgical Hospitals, Establishments Subject to Federal Income Tax (REV6221TAXABL144QNSA), retrieved from FRED.