Cooper, Zack; Doyle, Joseph J.; Graves, John A.; … - National Bureau of Economic Research - 2022
We analyze whether receiving care from higher-priced hospitals leads to lower mortality. We overcome selection issues … higher prices raises spending by 52% and lowers mortality by 1 percentage point (35%). However, the relationship between … higher prices and lower mortality is only present at hospitals in less concentrated markets. Receiving care from an expensive …