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patient perspective, hospital quality therefore embodies amenities as well as clinical quality. We also find that a one …Amenities such as good food, attentive staff, and pleasant surroundings may play an important role in hospital demand …-standard-deviation increase in amenities raises a hospital's demand by 38.4% on average, whereas demand is substantially less responsive to …
Persistent link: https://www.econbiz.de/10012464028
Cross-subsidies are often considered the principal mechanism through which hospitals provide unprofitable care. Yet, hospitals' reliance on and extent of cross-subsidization are difficult to establish. We exploit entry by cardiac specialty hospitals as an exogenous shock to incumbent hospitals'...
Persistent link: https://www.econbiz.de/10012461357
the hospital industry, where the courts have denied seven of eight merger challenges since 1994, due largely to … previously employed methods overstate hospital demand elasticities by a factor of 2.4 to 3.4 and define larger markets than would … environment for hospital mergers …
Persistent link: https://www.econbiz.de/10012462001
The hospital industry is one of the most important industries in the U.S., and industry structure can have profound … Hospital Survey and Construction Act of 1946, known as the Hill-Burton program, on hospital capacity, organization of the … hospital industry, and utilization. We find that the program generated substantial increases in capacity and these changes were …
Persistent link: https://www.econbiz.de/10012456637
This paper uses data from the 1990s to examine changes in the wages, employment, and effort of nurses in California hospitals following takeovers by large chains. The market for nurses has been described as a classic monopsony, so that one might expect increases in firm market power to be...
Persistent link: https://www.econbiz.de/10012469275
product of labor, with larger markdowns at more desirable programs. Therefore, a limited number of positions at high quality … market. I find that financial incentives increase the quality, but not the number of rural residents. Quantity regulations … increase the number of rural trainees, but the impact on resident quality depends on the design of the intervention …
Persistent link: https://www.econbiz.de/10012457899
productivity impacts of movements from traditional adversarial management, which is the norm in this industry, to total quality …
Persistent link: https://www.econbiz.de/10012471367
We study the relation between product quality and worker quality using an economic model that, under certain conditions …, provides a direct link between product price, product quality and work force quality. Our measures of product quality are the …. Our worker quality measures are the firm's average person effect and personal characteristics effect from individual wage …
Persistent link: https://www.econbiz.de/10012473810
the market for quality. However, inadequate risk adjustment of report-card measures often biases comparisons across … patients who go to higher-rated SNFs experience lower mortality, fewer days in the nursing home, and fewer hospital …
Persistent link: https://www.econbiz.de/10012479890
restaurants, hotels, and nonessential retail. Private, self-regulating behavior explains more than three-quarters of the decline …
Persistent link: https://www.econbiz.de/10012481386