This paper considers the role of ownership form for the financial performance of German acute care hospitals and its development over time. We measure financial performance by a hospital-specific yearly probability of default (PD). Using a panel of hospital data, our models allow for state...

The privatisation of hospitals, i.e. a change in their type of ownership from the municipal and private non-profit type to the private profit-oriented type, has been the subject of heated debate ever since this development began back in the early 1990s. To objectivise this debate, the Fact Books...

Die vorliegende Studie untersucht die zukünftige Entwicklung der Finanzierungskosten von Krankenhäusern vor dem Hintergrund (i) des anhaltenden Rückzugs der öffentlichen Hand aus der Finanzierung von Investitionen und des dadurch entstandenen Investitionsstaus und (ii) der von Banken im...

Health expenditures in Germany - as in almost all industrialized countries - grow more rapidly than the gross domestic product. Since a large portion of German health expenditures is financed by non-voluntary health premiums proportional to personal wages and collected by social health...