Total Revenue for Hospitals, Establishments Exempt from Federal Income Tax
This dataset tracks total revenue for hospitals, establishments exempt from federal income tax over time.
Latest Value
395620.00
Year-over-Year Change
34.58%
Date Range
10/1/2004 - 1/1/2025
Summary
This economic trend measures the total revenue for hospitals and other healthcare establishments that are exempt from federal income tax. It provides insight into the financial performance and economic activity of a key sector of the U.S. healthcare system.
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 Hospitals, Establishments Exempt from Federal Income Tax series tracks the overall revenue generated by tax-exempt healthcare providers, including nonprofit hospitals, clinics, and other medical facilities. This metric is useful for analyzing the financial health and economic impact of the non-profit healthcare industry.
Methodology
The data is collected through surveys by the U.S. Census Bureau.
Historical Context
This trend is closely watched by policymakers, economists, and industry analysts to gauge the financial stability and economic influence of the tax-exempt healthcare sector.
Key Facts
- Tax-exempt hospitals account for over 50% of all U.S. hospital beds.
- Nonprofit healthcare organizations employ over 5 million workers in the U.S.
- Total revenue for tax-exempt hospitals exceeded $1 trillion in the most recent year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by hospitals, clinics, and other healthcare establishments that are exempt from federal income tax, providing insight into the financial performance of the non-profit healthcare sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the economic influence and financial health of the tax-exempt healthcare industry, which plays a critical role in the U.S. healthcare system.
Q: How is this data collected or calculated?
A: The data is collected through surveys 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 trend to gauge the financial stability and economic impact of the non-profit healthcare sector, which informs policy decisions and market assessments.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of the most recent data, as it is collected through a comprehensive survey process.
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Citation
U.S. Federal Reserve, Total Revenue for Hospitals, Establishments Exempt from Federal Income Tax (REV622EMSA), retrieved from FRED.