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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
program implementation relative to a comparison group of beneficiaries who were not exposed to the V-BID. Our findings suggest …
Persistent link: https://www.econbiz.de/10011596164
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
This study examines the relationship between pharmaceutical R&D and health care expenditures, distinguishing between the short- and long-run impacts. To measure these relationships quantitatively, we focus on patents as a key factor driving the costs of pharmaceuticals, and develop a structured...
Persistent link: https://www.econbiz.de/10014209235
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
, nonprofit hospitals maintained on average more than three times as many beds per hospital as their for-profit counterparts …; following a monotonic decline in relative size, by 2000, the average nonprofit hospital was only 32% larger than the typical for …-profit hospital. Hospital level data for the United States indicate that the convergence was driven primarily by industry-wide effects …
Persistent link: https://www.econbiz.de/10014029704
link 2013-2015 All-Payer Claims Data to 2004-2013 administrative hospital discharge data from Utah and exploit policy …
Persistent link: https://www.econbiz.de/10012130268