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Converting Hospitals from Not-for-Profit to For-Profit Status

Cutler, David M.; Horwitz, Jill R. - 2021

Over the past twenty-five years, about 330 (7 percent) of the country's 5,000 not-for-profit hospitals have converted to for-profit form This paper explores the causes and effects of conversions through two case studies -- Wesley Medical Center in Wichita, Kansas and the Columbia/HealthOne...

Persistent link: https://www.econbiz.de/10013237009

Induced Innovation and Social Inequality : Evidence from Infant Medical Care

Cutler, David M. - 2014

We develop a model of induced innovation where research effort is a function of the death rate, and thus the potential … innovation based on differences in disease prevalence across population subgroups (i.e. race). Our model yields three empirical … population as a whole, induced innovation leads to growth in mortality disparities between minority and majority groups. Using …

Persistent link: https://www.econbiz.de/10013070797

Managed Care and the Growth of Medical Expenditures

Cutler, David M.; Sheiner, Louise - 2021

We use data across states to examine the relation between HMO enrollment and medical spending. We find that increased managed care enrollment significantly reduces hospital cost growth. While some of this effect is offset by increased spending on physicians, we generally find a significant...

Persistent link: https://www.econbiz.de/10013233736

Technological Development and Medical Productivity : The Diffusion of Angioplasty in New York State

Cutler, David M.; Huckman, Robert S. - 2012

A puzzling feature of many medical innovations is that they simultaneously appear to reduce unit costs and increase total costs. We consider this phenomenon by examining the diffusion of percutaneous transluminal coronary angioplasty (PTCA) -- a treatment for coronary artery disease -- over the...

Persistent link: https://www.econbiz.de/10014032597

Did Medicare Induce Pharmaceutical Innovation?

Acemoglu, Daron; Cutler, David M.; Finkelstein, Amy; … - 2021

prescription drug expenditure by the elderly. Correspondingly, we also find no evidence of a shift in pharmaceutical innovation … the hypothesis that Medicare had a major effect on the direction of pharmaceutical innovation …

Persistent link: https://www.econbiz.de/10013245549