Chernew, Michael; Gowrisankaran, Gautam; Fendrick, A. Mark - National Bureau of Economic Research (NBER) - 2001
In this paper we estimate the returns associated with the provision of coronary artery bypass graft (CABG) surgery, by payer type (Medicare, HMO, etc.). Because reliable measures of prices and treatment costs are often unobserved, we seek to infer returns from hospital entry behavior. We...