the hypothesis of productive efficiency; moving a patient from a 10th percentile to a 90th percentile hospital with … misallocation accounting for as much as 25 percent of the variation in hospital productivity, our results suggest that how the money …

Between 2000 and 2020, the share of US hospital bed capacity under multi-unit firms (systems) increased from 58% to 81 … ownership affects hospital profitability and quality. We combine novel, patient-level transaction price data from a large … commercial insurer, Medicare claims, and New York hospital discharges between 2012 and 2018 to study changes at over 100 …

we do not know whether hospital quality indicators are causal or biased. We evaluate the validity of commonly used … where hospital closures reallocate large numbers of patients to hospitals of different quality. This setting allows us to … measure whether patient outcomes improve as much as quality indicators predict when a relatively low-quality hospital closes …

estimates of hospital ownership type consist of the impact of differential patient case mix (selection) and hospital cost …

both lower levels of hospital infrastructure and serious health shocks driven by air pollution. These shocks are transitory … based on wind speed, and a plausibly exogenous measure of hospital capacity constraints, we show that such transitory health …

To develop new evidence on the effects of hospital ownership and other aspects of hospital market composition on health ….4 percent lower levels of hospital expenditures, but virtually the same patient health outcomes. We conclude that for …

This paper develops new econometric methods to infer hospital quality in a model with discrete dependent variables and … non-random selection. Mortality rates in patient discharge records are widely used to infer hospital quality. However …, hospital admission is not random and some hospitals may attract patients with greater unobserved severity of illness than …

example, U.S. antitrust agencies lost several hospital merger challenges when evidence showed that a nontrivial fraction of … estimate a random coefficients logit model of hospital demand and use the estimates to predict the increase in price that … even in suburban areas with high outflows of consumers, some hospital mergers could lead to significant price increases …