Showing 1 - 10 of 7,144
We study the design of provider incentives in the post-acute care setting - a high-stakes but under-studied segment of … relatively better health. Despite the large financial incentives and behavioral response in a high mortality population, we are … highlight how improved financial incentives may be able to reduce healthcare spending, without negative consequences for …
Persistent link: https://www.econbiz.de/10012455581
The effect of competition on the quality of health care remains a contested issue. Most empirical estimates rely on inference from non experimental data. In contrast, this paper exploits a pro-competitive policy reform to provide estimates of the impact of competition on hospital outcomes. The...
Persistent link: https://www.econbiz.de/10012462471
We use the implementation of a new prospective payment system (PPS) for inpatient rehabilitation facilities (IRFs) to investigate the effect of changes in marginal and average reimbursement on costs. The results show that the IRF PPS led to a significant decline in costs and length of stay....
Persistent link: https://www.econbiz.de/10012466106
A literature has found that medical providers inflate bills and report more conditions given financial incentives. We … evaluate whether Medicare reimbursement incentives are driven more by bill inflation or coding costs. Medicare reformed its …
Persistent link: https://www.econbiz.de/10012480398
performance measure. We describe how those incentives differ across hospitals, including integrated and safety-net hospitals. We … incentives to improve care …
Persistent link: https://www.econbiz.de/10012456306
We study a 2008 policy reform in which Medicare revised its hospital payment system to better reflect patients' severity of illness. We construct a simulated instrument that predicts a hospital's policy-induced change in reimbursement using pre-reform patients and post-reform rules. The reform...
Persistent link: https://www.econbiz.de/10012599313
Tradeoffs between monetary wealth and fatal safety risks are summarized in the value of a statistical life (VSL), a measure that is widely used for the evaluation of public policies in medicine, the environment, and transportation safety. This paper demonstrates the widespread use of this...
Persistent link: https://www.econbiz.de/10012466755
We analyze the economic consequences of rising health care prices in the US. Using exposure to price increases caused by horizontal hospital mergers as an instrument, we show that rising prices raise the cost of labor by increasing employer-sponsored health insurance premiums. A 1% increase in...
Persistent link: https://www.econbiz.de/10014576642
At the end of 1998, China launched a government-run mandatory insurance program, the Urban Employee Basic Medical Insurance (UEBMI), to replace the previous medical insurance system. Using the UEBMI reform in China as a natural experiment, this study identify variations in patient cost sharing...
Persistent link: https://www.econbiz.de/10012457793
The population of the United States, as with the rest of the world, is aging rapidly, with the most rapid growth occurring among the age 85 and older population, those who rely most on long-term care. In this chapter, we review the delivery and financing of long-term care in the U.S. We show...
Persistent link: https://www.econbiz.de/10014437012