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for surgical ones. We further use a 2008 policy where Medicare implemented financial penalties for certain hospital …
Persistent link: https://www.econbiz.de/10012480398
Amenities such as good food, attentive staff, and pleasant surroundings may play an important role in hospital demand … patient perspective, hospital quality therefore embodies amenities as well as clinical quality. We also find that a one …-standard-deviation increase in amenities raises a hospital's demand by 38.4% on average, whereas demand is substantially less responsive to …
Persistent link: https://www.econbiz.de/10012464028
by horizontal hospital mergers as an instrument, we show that rising prices raise the cost of labor by increasing …
Persistent link: https://www.econbiz.de/10014576642
Cross-subsidies are often considered the principal mechanism through which hospitals provide unprofitable care. Yet, hospitals' reliance on and extent of cross-subsidization are difficult to establish. We exploit entry by cardiac specialty hospitals as an exogenous shock to incumbent hospitals'...
Persistent link: https://www.econbiz.de/10012461357
Between 2000 and 2020, the share of US hospital bed capacity under multi-unit firms (systems) increased from 58% to 81 … ownership affects hospital profitability and quality. We combine novel, patient-level transaction price data from a large … commercial insurer, Medicare claims, and New York hospital discharges between 2012 and 2018 to study changes at over 100 …
Persistent link: https://www.econbiz.de/10014421201
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 …
Persistent link: https://www.econbiz.de/10012599313
Hospitals face large and variable costs from treating indigent care patients. Two methods of "reinsuring" hospitals against these costs are providing these patients with insurance and directly providing hospitals with supplemental payments to cover the expected costs of treating the indigent....
Persistent link: https://www.econbiz.de/10013172191
stock market collapse. We find that the average hospital did not engage in cost-shifting, but average hospitals that likely …
Persistent link: https://www.econbiz.de/10012459808
transport patients and have strong preferences for certain hospitals. Being admitted to a hospital with two standard deviations … hospital in a concentrated market increases spending but has no detectable effect on mortality …
Persistent link: https://www.econbiz.de/10012938778
In this article, we provide a comprehensive, empirical assessment of the hypothesis that the Hospital Readmissions … Reduction Program (HRRP) affected hospital readmissions. In doing so, we provide evidence as to the validity of prior empirical … little effect on hospital readmissions. This finding contrasts with the results of most prior studies, which report that the …
Persistent link: https://www.econbiz.de/10012794573