We estimate an insurer-specific preference function which rationalizes hospital referrals for privately-insured births … in California. The function is additively separable in: a hospital price paid by the insurer, the distance traveled, and … plan and severity-specific hospital fixed effects (capturing hospital quality). We use an inequality estimator that allows …

yields far more accurate estimates of hospital quality than previously available. We find that, on average, for …

This paper offers an empirical test of ownership mix efficiency in the U.S. hospital services industry. The test …

I exploit a plausibly exogenous change in hospital financial incentives to examine whether the behavior of private not …

reimbursement from the public sector. Further, conversions are likely to cause fragmentation of the hospital market between rich and …

of the exemption from income taxes is $4.6 billion; the median hospital receives benefits of 1.8 percent of total assets … varies across hospitals depending on state and local tax policies and the hospital asset mix. Tax-exempt bonds and deductible …. Almost half of existing bond debt could be replaced by using hospital endowments; we calculate an annual aggregate benefit of …

positive income effects on charity care supply, convex preferences for the nonprofit hospital imply crowding out by other …

needy populations, nonprofit hospital mergers should be evaluated differently than mergers of for-profit hospitals. However …