Showing 1 - 10 of 2,210
Moral hazard and provider-induced demand may contribute to overutilization of scarce health care resources. The U.S. health care system includes several compensatory cost-containment mechanisms, but their effects depend on how patients and providers respond. We investigate hospice programs'...
Persistent link: https://www.econbiz.de/10014372448
This paper examines the tradeoffs of monitoring for wasteful public spending. By penalizing unnecessary spending, monitoring improves the quality of public expenditure and incentivizes firms to invest in compliance technology. I study a large Medicare program that monitored for unnecessary...
Persistent link: https://www.econbiz.de/10014337803
Information technology (IT) can enhance firms' long-run performance but is also a risky investment, with high fixed costs and uncertain returns. Whether market events influence this tradeoff has received limited attention. We leverage the healthcare context to empirically examine hospitals' IT...
Persistent link: https://www.econbiz.de/10015326480
effectiveness of these incentives, however, depends both on physicians' price sensitivity and their knowledge of patient prices. We … information. Applying this model to diabetes care, we find that physicians lack detailed price information and are more price …-elastic than full-information models imply. We predict that providing physicians detailed information on prices at the point of …
Persistent link: https://www.econbiz.de/10014468214
We study the role of physicians in driving geographic variation of US healthcare utilization. We estimate a model that … separates variation in average utilization of Medicare beneficiaries due to physicians, non-physician supply side factors, and … patient demand. The model is identified by migration of patients and physicians across areas, as well as by variation in …
Persistent link: https://www.econbiz.de/10014421174
estimates of hospital ownership type consist of the impact of differential patient case mix (selection) and hospital cost …
Persistent link: https://www.econbiz.de/10014512033
We study the effects of competition by state-owned firms, leveraging the decentralized entry of public pharmacies to local markets in Chile. Public pharmacies sell the same drugs at a third of private pharmacy prices, because of stronger upstream bargaining and market power in the private...
Persistent link: https://www.econbiz.de/10013477271
we do not know whether hospital quality indicators are causal or biased. We evaluate the validity of commonly used … where hospital closures reallocate large numbers of patients to hospitals of different quality. This setting allows us to … measure whether patient outcomes improve as much as quality indicators predict when a relatively low-quality hospital closes …
Persistent link: https://www.econbiz.de/10014421215
the productivity difference between physicians and nurse practitioners (NPs), two health care professions performing … and quasi-experimental variation in the patient probability of being treated by physicians versus NPs in the emergency … department, we find that, compared to physicians, NPs significantly increase resource utilization but achieve worse patient …
Persistent link: https://www.econbiz.de/10013435170
Governments and firms often employ soft spending limits to restrict overspending while still allowing exceptions on a case-by-case basis. This paper studies a Medicare policy which capped per-patient physical therapy spending, with exceptions for patients with documented medical need. The cap...
Persistent link: https://www.econbiz.de/10015398173