and forecast differences in patient outcomes across hospitals remarkably well - far better than existing methods. Our … differences across hospitals in short-term mortality rates following a heart attack, adjusted for patient demographics, are … excellent indicators of quality of care: They vary dramatically across hospitals, are persistent over time, are highly …

Do not-for-profit hospitals provide better care than for-profit hospitals? We compare patient outcomes in for …-profit and not-for-profit hospitals between 1984 and 1994 using a new method for estimating differences across hospitals that …-profit hospitals have higher mortality among elderly patients with heart disease, and that this difference has grown over the last …

This study examines the link between credit supply and hospital health outcomes. Using detailed data on hospitals and … the banks that they borrow from, we use bank stress tests as exogenous shocks to credit access for hospitals that have … lending relationships with tested banks. We find that affected hospitals shift their operations to enhance their profit …