Hospital payment regulation has historically been introduced to meet multiple policy objectives. The primary objective …

Despite the popularity of price cap regulation in practice, the economic literature provides relatively little guidance … regulation, and when product-specific costs and productivity cannot be measured; (2) when the pricing decisions of the regulated …

The aim of this paper is to examine the determinants of interests rates on tax-exempt hospital bonds. The results … hospitals in states with relatively high income tax rates to issue debt. The Federal tax act of 1986 raised the cost of hospital … hospital should receive via its participation in tax-exempt markets, how this subsidy should vary among hospitals with …

Amenities such as good food, attentive staff, and pleasant surroundings may play an important role in hospital demand … patient perspective, hospital quality therefore embodies amenities as well as clinical quality. We also find that a one …-standard-deviation increase in amenities raises a hospital's demand by 38.4% on average, whereas demand is substantially less responsive to …

financial health affect different aspects of hospital operation. In our study, we analyze this issue focusing on hospital access … account both hospital's current and past financial health as well as their expected financial outlook (i.e., whether there is …