Total Revenue for Psychiatric and Substance Abuse Hospitals, Establishments Exempt from Federal Income Tax
REV6222TAXEPT144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,868.00
Year-over-Year Change
17.10%
Date Range
7/1/2012 - 1/1/2025
Summary
This economic trend measures the total revenue for psychiatric and substance abuse hospitals that are exempt from federal income tax. It provides insight into the financial health and service levels of a key 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 Psychiatric and Substance Abuse Hospitals, Establishments Exempt from Federal Income Tax trend tracks the quarterly revenue generated by tax-exempt hospitals and facilities that specialize in psychiatric and substance abuse treatment. This data is used by economists and policymakers to analyze the operational and financial conditions of this healthcare subsector.
Methodology
The data is collected through surveys conducted by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding the economic factors impacting the provision of mental health and addiction treatment services.
Key Facts
- Psychiatric and substance abuse hospitals account for over $50 billion in annual revenue.
- The sector has seen steady revenue growth over the past decade.
- Tax-exempt facilities make up the majority of this industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by psychiatric and substance abuse hospitals that are exempt from federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the financial health and service capacity of a critical segment of the healthcare industry focused on mental health and addiction treatment.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this data to understand the operational and financial conditions impacting the provision of mental health and addiction treatment services.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a several-month delay between the end of a quarter and the release of the updated figures.
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Citation
U.S. Federal Reserve, Total Revenue for Psychiatric and Substance Abuse Hospitals, Establishments Exempt from Federal Income Tax (REV6222TAXEPT144QNSA), retrieved from FRED.