Expenses for Residential Mental Health and Substance Abuse Facilities, Establishments Exempt From Federal Income Tax, Employer Firms
This dataset tracks expenses for residential mental health and substance abuse facilities, establishments exempt from federal income tax, employer firms over time.
Latest Value
11794.00
Year-over-Year Change
83.36%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the expenses for residential mental health and substance abuse facilities that are exempt from federal income tax. It provides insights into the financial state of these critical healthcare establishments.
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 Expenses for Residential Mental Health and Substance Abuse Facilities, Establishments Exempt From Federal Income Tax, Employer Firms metric tracks the operating costs of tax-exempt residential treatment centers that offer mental health and addiction services. This data point is useful for understanding the financial pressures faced by these facilities and the resources available for patient care.
Methodology
The data is collected through surveys of these tax-exempt residential treatment centers.
Historical Context
Policymakers and healthcare analysts use this trend to assess the financial health of the mental health and substance abuse treatment system.
Key Facts
- Tax-exempt residential treatment centers provide critical mental health and addiction services.
- Expenses for these facilities reflect the financial resources available for patient care.
- Tracking this trend is important for understanding the healthcare system's capacity to serve vulnerable populations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the expenses for residential mental health and substance abuse facilities that are exempt from federal income tax. It provides insights into the financial state of these critical healthcare establishments.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, healthcare analysts, and others who need to understand the financial pressures and resources available for mental health and addiction treatment services.
Q: How is this data collected or calculated?
A: The data is collected through surveys of tax-exempt residential treatment centers that offer mental health and substance abuse services.
Q: How is this trend used in economic policy?
A: Policymakers and healthcare analysts use this trend to assess the financial health of the mental health and substance abuse treatment system and inform decisions about resource allocation and policy interventions.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of this data, as it is collected through surveys of healthcare facilities. The data may also have limitations in terms of geographic or demographic coverage.
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Citation
U.S. Federal Reserve, Expenses for Residential Mental Health and Substance Abuse Facilities, Establishments Exempt From Federal Income Tax, Employer Firms (RMHASAFEEEF362322), retrieved from FRED.