largely focussed on for-profit versus non-for-profit hospitals. In contrast, this paper focusses on the for-profit hospital … and, specifically, on the insurance companies as hospital dominant shareholders with respect to other types of …

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 dependence in the PD as well as unobserved individual heterogeneity. We find that … because the German hospital market has substantial excess capacities …

financial responsibilities compared with for-profit hospitals. Design/methodology/approach: Using panel data from the Hospital …-series analysis to examine the effect of hospital ownership on uncompensated care, charity care, technical efficiency, and profit … than nonprofit hospitals in terms of maximizing profit margins. When comparing hospital technical efficiency, there is no …

results in the hospital ownership literature can be explained largely by differences in authors' underlying theoretical … combined estimates across studies suggest little difference in cost among all three types of hospital ownership, and that for …