Total Revenue for General Medical and Surgical Hospitals, Establishments Exempt from Federal Income Tax
REV6221TAXEPT144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
376,847.00
Year-over-Year Change
35.15%
Date Range
7/1/2012 - 1/1/2025
Summary
This economic trend measures the total revenue for general medical and surgical hospitals that are exempt from federal income tax. It provides insight into the financial health and performance of a key sector 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 Exempt from Federal Income Tax is a key indicator used by economists and policymakers to assess the financial state of the non-profit hospital industry. It tracks the aggregate quarterly revenue for this important healthcare segment.
Methodology
The data is collected by the U.S. Census Bureau through surveys of hospital establishments.
Historical Context
This trend is closely monitored by industry analysts and government agencies to understand broader healthcare market dynamics and inform policy decisions.
Key Facts
- Hospitals are a major employer and economic driver in many communities.
- The non-profit hospital sector accounts for over half of all U.S. hospital revenue.
- Revenue trends can signal changes in healthcare demand and utilization.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total quarterly revenue for general medical and surgical hospitals that are exempt from federal income tax, providing insight into the financial performance of this key healthcare sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely watched by economists, industry analysts, and policymakers to understand broader dynamics in the healthcare market and inform decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of hospital establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to monitor the financial health of the non-profit hospital industry and inform decisions related to healthcare policy and regulation.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a lag of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Total Revenue for General Medical and Surgical Hospitals, Establishments Exempt from Federal Income Tax (REV6221TAXEPT144QNSA), retrieved from FRED.