Showing 1 - 10 of 625
-firms are incompletely understood. We exploit a historically large leveraged buyout of a national hospital chain to examine how … the full life cycle of PE influences hospital-level revenues, technology sourcing, labor use, and financial performance …. We find permanent improvements in hospital volumes and revenues. PE also reduces growth in full-time employees, with a …
Persistent link: https://www.econbiz.de/10015056166
Quality certification is a common tool to reduce asymmetric information and enhance trust in marketplaces. Should the certificate focus on seller inputs such as fast shipping, or include output measures such as consumer ratings? In theory, incorporating output measures makes the certificate more...
Persistent link: https://www.econbiz.de/10012814449
This essay reviews the theoretical and empirical literature on quality disclosure and certification. After comparing quality disclosure with other quality assurance mechanisms and describing a brief history of quality disclosure, we address three key theoretical issues: (i) Why don't sellers...
Persistent link: https://www.econbiz.de/10012463006
We first summarize the dominant interpretations of the "frontier" in the United States and predecessor colonies over the past 400 years: agricultural (1610s-1880s), industrial (1890s-1930s), scientific (1940s- 1980s), and algorithmic (1990s-present). We describe the difference between the...
Persistent link: https://www.econbiz.de/10012458625
We measure the impact of municipal policies requiring governments to construct green buildings on private-sector adoption of the U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED) standard. Using matching methods, panel data, and instrumental variables, we find...
Persistent link: https://www.econbiz.de/10012460274
exogenous variation in Medicare payment rates generated by two policies under the Affordable Care Act: the Hospital Readmission … Reduction Program (HRRP) and the Hospital Value Based Purchasing (HVBP) program. We merge rich hospital-level information to … claim, or $82,000 per hospital, based on an average hospital penalty of nearly $146,000. We find the largest increases in …
Persistent link: https://www.econbiz.de/10012453410
We investigate the link between hospital performance and managerial education by collecting a large database of …
Persistent link: https://www.econbiz.de/10012453833
The patient-centered medical home (PCMH) is a model for restructuring primary care with a focus on improved access to care and clinical excellence. However, to date, the evidence on its effect on healthcare utilization and expenditures has been quite mixed. One possible reason for this may lie...
Persistent link: https://www.econbiz.de/10012456248
Moral hazard and provider-induced demand may contribute to overutilization of scarce health care resources. The U.S. health care system includes several compensatory cost-containment mechanisms, but their effects depend on how patients and providers respond. We investigate hospice programs'...
Persistent link: https://www.econbiz.de/10014372448
This paper develops a model of evolving standards for academic publishing. It is motivated by the increasing tendency of academic journals to require multiple revisions of articles and by changes in the content of articles. Papers are modeled as varying along two quality dimensions: q and r. The...
Persistent link: https://www.econbiz.de/10012470945