firms to physicians and medical device procurement by hospitals. These payments (and the interactions that accompany them …) may facilitate the transfer of valuable information to and from physicians. However, they may also influence physicians …' treatment decisions, and in turn hospital device procurement, in favor of paying firms. Payments are pervasive: 87 percent of …

of the hospital from a fringe institution to one essential to the practice of medicine. In this paper, we explore how … access to the hospital and modern medicine affects mortality. We do so by leveraging a combination of novel data and a unique … quasi-experiment: a large-scale hospital modernization program introduced by The Duke Endowment in the early twentieth …

. Those treated by physicians from the higher-ranked institution have 10-25% shorter and less expensive stays than patients … are precise. Procedure differences across the teams are consistent with the ability of physicians in the lower …-ranked institution to substitute time and diagnostic tests for the faster judgments of physicians from the top-ranked institution …

Treatment intensity varies remarkably across physicians, yet the key drivers are not well understood. Meanwhile, the … organization of healthcare is undergoing a secular transformation as physicians increasingly work in groups. This paper tests … whether physicians' group affiliation matters for practice styles and patient health. Using Medicare inpatient claims data, we …

physicians now employed by hospitals. This trend toward increasing vertical alignment between physicians and hospitals may alter … physician behavior relative to physicians remaining in independent or group practices. We examine the effects of such vertical … increase in billable activity among other integrated physicians alongside a large decrease in activity among non …

increase costs. We illustrate our argument with examples taken from the insurance and the hospital industries, and discuss …

delivery. Evidence on how physicians alter their behavior from the changes in financial ownership and the incentive structures … 2.6 million patient visits across 5,488 physicians, we examine changes in various measures of care delivery. We find … that physicians significantly alter care processes (e.g., in using anesthesia with deep sedation) after they vertically …