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decompose the joint contribution of quality and unobserved productivity to hospital costs, relying on heterogeneous tastes among … the 75th percentile would increase costs at the average hospital by nearly fifty percent. Improvements in traditional … metrics of hospital quality such as risk-adjusted mortality are more modest, indicating that other factors such as amenities …
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"Patient sorting can confound estimates of the returns to physician human capital. This paper compares nearly 30,000 patients who were randomly assigned to clinical teams from one of two academic institutions. One institution is among the top medical schools in the country, while the other...
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