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Biologic drugs represent an important category of drugs that improve health outcomes in this country. Yet, these cutting-edge drugs are often prohibitively costly, preventing access for many Americans. Recognizing the need for more affordable, generic substitutes for biologic drugs — or...
Persistent link: https://www.econbiz.de/10014148056
In this paper we study the effect of reference pricing on pharmaceutical prices and expenditures when generic entry is endogenously determined. We develop a Salop-type model where a brand-name producer competes with generic producers in terms of prices. In the market there are two types of...
Persistent link: https://www.econbiz.de/10013024341
How do patient and provider incentives affect mode and cost of long-term care? Our analysis of 1 million nursing home … profitable out-of-pocket payers. Third, providers react more elastically to financial incentives than patients, so moving to …
Persistent link: https://www.econbiz.de/10012892213
We consider how purchasers and providers negotiate the quality element of contracts when the purchasers are required to link a fixed proportion of revenue to quality. A simple model predicts that the complexity of the quality element will depend on purchaser and provider characteristics. Using...
Persistent link: https://www.econbiz.de/10013089071
How do patient and provider incentives affect the provision of long-term care? Our analysis of 551 thousand nursing … admit more profitable out-of-pocket private payers. Third, providers react more elastically to financial incentives than … patients. Thus, targeting provider incentives through alternative payment models, such as episode-based reimbursement, is more …
Persistent link: https://www.econbiz.de/10014356350
This study investigates hospitals’ dynamic incentives to select patients when hospitals are remunerated according to a … incentives to treat patients. …
Persistent link: https://www.econbiz.de/10010412307
This study investigates hospitals' dynamic incentives to select patients when hospitals are remunerated according to a … incentives to treat patients. …
Persistent link: https://www.econbiz.de/10010418156
This paper compares the cost and quality incentive effects of cost reimbursement and prospective payment systems in the health industry when providers are altruistic. Providers' behavioral rule is governed by a desire to maximize a weighted sum of profit and consumers' health benefit. When...
Persistent link: https://www.econbiz.de/10014070218