economically significant predictor of whether a hospital replaces its management with a new team of for-profit managers. We also … find that hospitals replacing their management subsequently upcode more than a sample of similar hospitals that did not, as …

profit-deviating preferences from the state-defined regulatory status of nonprofit production. We argue that this separation … is crucial in providing predictions about the underlying forces which allow the coexistence of nonprofit and for-profit … separating choice of nonprofit status from profit-deviating preferences, the paper provides predictions about the forces which …

Do not-for-profit hospitals provide better care than for-profit hospitals? We compare patient outcomes in for-profit … and not-for-profit hospitals between 1984 and 1994 using a new method for estimating differences across hospitals that … yields far more accurate estimates of hospital quality than previously available. We find that, on average, for-profit …

potential loss of profit. By enabling firms to retain only a very small fraction of these potential revenues, the government can …