Medical Services Expenditures by Disease: Diseases of the Digestive System Price Index, Blended Account Basis
DIDISYPIBLEND • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.49
Year-over-Year Change
53.03%
Date Range
1/1/2000 - 1/1/2021
Summary
The Diseases of the Digestive System Price Index, Blended Account Basis measures changes in prices for medical services related to digestive system diseases. This key economic indicator helps policymakers and analysts understand healthcare cost trends.
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
This index tracks price changes for medical services, procedures, and treatments associated with diseases of the digestive system, including the gastrointestinal tract, liver, pancreas, and related organs. It is a useful metric for analyzing healthcare inflation and the costs of managing common digestive disorders.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on medical claims and provider cost information.
Historical Context
This index is closely monitored by government agencies, insurers, and healthcare economists to inform policy decisions and market strategies.
Key Facts
- The index has a base year of 2012.
- Digestive diseases account for over $150 billion in annual U.S. healthcare spending.
- The index has risen over 20% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in prices for medical services, procedures, and treatments related to diseases of the digestive system, including the gastrointestinal tract, liver, pancreas, and related organs.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of healthcare cost inflation and the economic burden of managing common digestive disorders, which is valuable information for policymakers, insurers, and healthcare economists.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on medical claims and provider cost information.
Q: How is this trend used in economic policy?
A: This index is closely monitored by government agencies, insurers, and healthcare economists to inform policy decisions and market strategies related to the costs of managing digestive diseases.
Q: Are there update delays or limitations?
A: The index is published quarterly with a lag, and may not capture all medical cost factors for some digestive conditions.
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Citation
U.S. Federal Reserve, Medical Services Expenditures by Disease: Diseases of the Digestive System Price Index, Blended Account Basis (DIDISYPIBLEND), retrieved from FRED.