Total Revenue for General Medical and Surgical Hospitals - Private, Establishments Exempt from Federal Income Tax, Employer Firms

This dataset tracks total revenue for general medical and surgical hospitals - private, establishments exempt from federal income tax, employer firms over time.

Latest Value

871547.00

Year-over-Year Change

66.55%

Date Range

1/1/1998 - 1/1/2022

Summary

This economic trend measures the total revenue for private, tax-exempt general medical and surgical hospitals in the United States. It provides insight into the financial health and activity of a critical sector 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 General Medical and Surgical Hospitals - Private, Establishments Exempt from Federal Income Tax, Employer Firms series tracks the aggregated revenue generated by private, tax-exempt hospitals that provide general medical and surgical services. This data is used by economists and policymakers to analyze trends in the healthcare industry.

Methodology

The data is collected and reported by the U.S. Census Bureau through surveys of private establishments.

Historical Context

This trend is relevant for understanding the financial performance and operational capacity of the private, non-profit hospital sector, which plays a vital role in the U.S. healthcare system.

Key Facts

  • Private, tax-exempt hospitals account for over half of all U.S. hospital beds.
  • This sector generated over $1 trillion in revenue in recent years.
  • Revenue trends reflect changes in patient volumes, reimbursement rates, and other economic factors.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total revenue generated by private, tax-exempt general medical and surgical hospitals in the United States.

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

A: This data provides important insights into the financial performance and operational capacity of a critical segment of the healthcare industry, which can inform economic analysis and policymaking.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau through surveys of private, tax-exempt hospital establishments.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this data to analyze trends in the healthcare sector, assess the financial health of private, non-profit hospitals, and inform policy decisions.

Q: Are there update delays or limitations?

A: The data is published quarterly with a lag of several months, so there may be delays in accessing the most recent information.

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Citation

U.S. Federal Reserve, Total Revenue for General Medical and Surgical Hospitals - Private, Establishments Exempt from Federal Income Tax, Employer Firms (REVEF622119TAXEPT), retrieved from FRED.