Total Revenue for Psychiatric and Substance Abuse Hospitals, All Establishments
REV6222ALLEST144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,040.00
Year-over-Year Change
22.31%
Date Range
7/1/2012 - 1/1/2025
Summary
This economic indicator measures the total revenue generated by psychiatric and substance abuse hospitals across the United States. It provides insights into the financial health and market demand for these specialized healthcare 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 Total Revenue for Psychiatric and Substance Abuse Hospitals, All Establishments metric tracks the aggregated revenue of all facilities providing inpatient and outpatient psychiatric and substance abuse care. This data point is used by economists and policymakers to assess the overall size and trends in this crucial healthcare sector.
Methodology
The data is collected by the U.S. Census Bureau through quarterly surveys of healthcare establishments.
Historical Context
This revenue trend is relevant for understanding the state of the mental health and addiction treatment industries, and can inform policy decisions and business strategies.
Key Facts
- Psychiatric and substance abuse hospitals generate over $100 billion in annual revenue.
- Revenue in this sector has grown steadily over the past decade.
- The COVID-19 pandemic significantly impacted hospital revenues in 2020.
FAQs
Q: What does this economic trend measure?
A: The Total Revenue for Psychiatric and Substance Abuse Hospitals, All Establishments indicator tracks the aggregate revenue generated by all facilities providing inpatient and outpatient psychiatric and addiction treatment services.
Q: Why is this trend relevant for users or analysts?
A: This revenue metric provides important insights into the financial health and market demand for mental health and substance abuse treatment services, which are crucial components of the healthcare system.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through quarterly surveys of healthcare establishments.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this revenue trend to assess the state of the mental health and addiction treatment industries, which can inform policy decisions and business strategies in this sector.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a lag of several months between the end of the reference quarter and the data release.
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Citation
U.S. Federal Reserve, Total Revenue for Psychiatric and Substance Abuse Hospitals, All Establishments (REV6222ALLEST144QNSA), retrieved from FRED.