Total Revenue for Hospitals, Establishments Subject to Federal Income Tax
REV622TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45,353.00
Year-over-Year Change
18.61%
Date Range
10/1/2004 - 1/1/2025
Summary
This economic trend measures total revenue for for-profit hospitals and other healthcare establishments subject to federal income tax. It is a key indicator of financial performance and industry growth in the private 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
The Total Revenue for Hospitals, Establishments Subject to Federal Income Tax series tracks quarterly revenue for for-profit hospitals and other for-profit healthcare providers. This measure is used to analyze trends in private sector healthcare activity and profitability.
Methodology
The data is collected through surveys by the U.S. Census Bureau.
Historical Context
This revenue metric provides insights into the financial health and growth of the private healthcare industry, which is relevant for economic policymakers and market analysts.
Key Facts
- Revenue for private hospitals grew 5.2% year-over-year in Q4 2022.
- Healthcare is one of the largest and fastest-growing sectors of the U.S. economy.
- For-profit hospitals account for over 25% of U.S. hospital beds.
FAQs
Q: What does this economic trend measure?
A: This trend measures total quarterly revenue for for-profit hospitals and other healthcare establishments subject to federal income tax in the United States.
Q: Why is this trend relevant for users or analysts?
A: This revenue metric provides insights into the financial performance and growth of the private healthcare industry, which is important for economic policymakers, market analysts, and industry stakeholders.
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: This revenue trend is used by policymakers, economists, and industry analysts to monitor the financial health and growth of the private healthcare sector, which has significant implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a delay of approximately 2-3 months.
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Citation
U.S. Federal Reserve, Total Revenue for Hospitals, Establishments Subject to Federal Income Tax (REV622TAXABL144QNSA), retrieved from FRED.