Total Revenue for Hospitals, All Establishments
This dataset tracks total revenue for hospitals, all establishments over time.
Latest Value
440703.00
Year-over-Year Change
32.74%
Date Range
10/1/2004 - 1/1/2025
Summary
The 'Total Revenue for Hospitals, All Establishments' metric tracks the overall revenue generated by U.S. hospitals, a key indicator of the financial health and activity in the healthcare sector.
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
This economic series measures the total revenue, which includes patient revenue and other operating income, for all hospital establishments in the United States. It provides insight into the scale and financial performance of the hospital industry.
Methodology
The data is collected through surveys of hospital facilities and compiled by the U.S. Census Bureau.
Historical Context
Hospital revenue trends are closely monitored by policymakers, economists, and industry analysts to understand healthcare spending and the broader economy.
Key Facts
- U.S. hospital revenue totaled over $1.2 trillion in 2020.
- Hospital revenue grew by 3.9% annually on average from 2010 to 2019.
- The COVID-19 pandemic caused a 5.7% decline in hospital revenue in 2020.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total revenue, including patient revenue and other operating income, generated by all hospital establishments in the United States.
Q: Why is this trend relevant for users or analysts?
A: Hospital revenue is a key indicator of the overall financial health and activity in the healthcare sector, which is closely monitored by policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of hospital facilities and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in hospital revenue provide insights into healthcare spending patterns and the broader economy, informing policy decisions and analyses by government, industry, and research institutions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of several months, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Total Revenue for Hospitals, All Establishments (REV622ALLEST144QSA), retrieved from FRED.