Revenue From Health Care Providers for Patient Care for Home Health Care Services, All Establishments, Employer Firms
HHCSRFHCPFP46216 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,075.00
Year-over-Year Change
127.95%
Date Range
1/1/2015 - 1/1/2021
Summary
This economic trend measures the revenue from health care providers for patient care for home health care services across all employer firms in the United States. It provides insight into the financial health and demand for home health care services, which is crucial for policymakers and healthcare analysts.
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 'Revenue From Health Care Providers for Patient Care for Home Health Care Services, All Establishments, Employer Firms' trend tracks the total revenue generated by home health care providers from services provided to patients. This data point is an important indicator of the size and activity of the home health care industry in the U.S. economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of home health care service providers.
Historical Context
This trend is widely used by economists, policymakers, and healthcare industry analysts to assess the state of the home health care market and inform policy decisions.
Key Facts
- Home health care services revenue totaled $113.5 billion in 2020.
- The home health care industry employs over 2.4 million workers in the U.S.
- Home health care revenue has grown by over 30% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by home health care providers from services provided to patients in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insight into the financial health and demand for home health care services, which is important for policymakers, economists, and healthcare industry analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of home health care service providers.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, economists, and healthcare analysts to assess the state of the home health care market and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a slight delay, and may be subject to revisions by the Census Bureau.
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Citation
U.S. Federal Reserve, Revenue From Health Care Providers for Patient Care for Home Health Care Services, All Establishments, Employer Firms (HHCSRFHCPFP46216), retrieved from FRED.