Total Revenue for Hospitals, Establishments Exempt from Federal Income Tax

REV622TAXEPT144QNSA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

416,796.00

Year-over-Year Change

44.31%

Date Range

10/1/2004 - 4/1/2025

Summary

This economic indicator measures the total revenue for U.S. hospitals and other healthcare establishments that are exempt from federal income tax. It provides insight into the financial health and revenue trends of the non-profit 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 Exempt from Federal Income Tax series tracks the quarterly revenue generated by healthcare facilities that are exempt from paying federal income taxes, such as non-profit hospitals and clinics. This data is used by economists and policymakers to analyze the financial performance and growth of the non-profit healthcare industry.

Methodology

The data is collected through quarterly surveys of healthcare establishments by the U.S. Census Bureau.

Historical Context

This revenue metric is relevant for understanding the financial and operational status of the non-profit healthcare sector, which is a key component of the U.S. economy and healthcare system.

Key Facts

  • Hospitals and clinics exempt from federal income tax account for over half of U.S. healthcare employment.
  • Total revenue for this sector exceeded $1.2 trillion in 2021.
  • Revenue growth has averaged 5% annually over the past decade.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the total quarterly revenue generated by U.S. healthcare establishments that are exempt from federal income tax, such as non-profit hospitals and clinics.

Q: Why is this trend relevant for users or analysts?

A: This revenue metric provides insight into the financial health and growth of the non-profit healthcare sector, which is a critical component of the U.S. economy and healthcare system.

Q: How is this data collected or calculated?

A: The data is collected through quarterly surveys of healthcare establishments conducted by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this revenue data to analyze the financial performance and operational status of the non-profit healthcare industry, which informs policy decisions and regulations.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis with a lag of approximately 2-3 months after the end of each quarter.

Related Trends

Citation

U.S. Federal Reserve, Total Revenue for Hospitals, Establishments Exempt from Federal Income Tax (REV622TAXEPT144QNSA), retrieved from FRED.