Showing 1 - 10 of 254
Inefficiency in the U.S. health care system has often been characterized as "flat of the curve" spending providing little or no incremental value. In this paper, we draw on macroeconomic models of diffusion and productivity to better explain the empirical patterns of outcome improvements in...
Persistent link: https://www.econbiz.de/10012463783
Increasing managed care activity could influence the adoption and diffusion of new medical technologies. This paper empirically examines the relationship between HMO market share and the diffusion of magnetic resonance imaging (MRI) equipment. Across markets, increases in HMO market share are...
Persistent link: https://www.econbiz.de/10012470711
Medicaid expansion on a hospital's incentive to invest in technology. Using American Hospital Association data, we find that on …
Persistent link: https://www.econbiz.de/10012458505
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 …
Persistent link: https://www.econbiz.de/10013462711
We evaluate the costs and benefits of increased medical spending for low birth weight infants. Lifetime spending on low birth weight babies increased by roughly $40,000 per birth between 1950 and 1990. The health improvements resulting from this have been substantial. Infant mortality rates fell...
Persistent link: https://www.econbiz.de/10012471395
This paper explores the economic incentives for medical procedure innovation. Using a proprietary dataset on billing code applications for emerging medical procedures, we highlight two mechanisms that could hinder innovation. First, the administrative hurdle of securing permanent, reimbursable...
Persistent link: https://www.econbiz.de/10012660115
. Using a difference-in-differences design, we show that adopting a robot drives prostate cancer patients to the hospital. To …
Persistent link: https://www.econbiz.de/10012629521
' treatment decisions, and in turn hospital device procurement, in favor of paying firms. Payments are pervasive: 87 percent of … device sales in our sample occurred at a hospital where a relevant physician received a payment from a device firm. Payments … are also highly correlated with spending within a firm-hospital pair: event studies suggest that a large positive increase …
Persistent link: https://www.econbiz.de/10012794611
Cost-effectiveness analysis (CEA) remains the de-facto method of choice to evaluate and compare medical interventions. Standard approaches to CEA use the average (mean) outcomes from clinical effectiveness studies such as randomized controlled trials. This paper generalizes standard methods to...
Persistent link: https://www.econbiz.de/10012480006
When firms span related product categories, spillovers across categories become central to firm strategy and industrial policy, due to their potential to foreclose competition and affect innovation incentives. We exploit major new product innovations in one medical device category, and detailed...
Persistent link: https://www.econbiz.de/10012480835