Total Revenue for Ambulatory Health Care Services, All Establishments, Employer and Nonemployer Firms
REVENF621ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,401,202.00
Year-over-Year Change
76.01%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic indicator tracks the total revenue generated by ambulatory health care services, including both employer and nonemployer firms. It provides insight into the overall financial performance and size of this key sector of the U.S. 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 Ambulatory Health Care Services metric measures the combined sales and receipts of all establishments providing outpatient health care services, such as physician offices, dentist offices, and diagnostic laboratories. This data is used by economists and policymakers to analyze industry trends and the financial health of the healthcare sector.
Methodology
The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.
Historical Context
This metric is closely watched by healthcare industry analysts, investors, and policymakers to gauge economic activity and consumer demand for ambulatory medical services.
Key Facts
- Ambulatory healthcare services generated over $1.1 trillion in total revenue in 2021.
- Physician offices account for the largest share of ambulatory healthcare revenue.
- The sector has seen steady revenue growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total revenue, or sales and receipts, generated by all establishments providing outpatient healthcare services in the United States, including physician offices, dentist offices, and diagnostic laboratories.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the financial performance and economic activity of the ambulatory healthcare services industry, which is a key sector of the U.S. healthcare system. It is closely monitored by industry analysts, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to analyze industry trends, consumer demand, and the overall financial health of the healthcare sector, which informs policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Total Revenue for Ambulatory Health Care Services, All Establishments, Employer and Nonemployer Firms (REVENF621ALLEST), retrieved from FRED.