Hospital ownership mix efficiency in the US
Subtitle: an exploratory study
By: Rexford E. Santerre, John A. Vernon.
Contributors: Vernon, John A.; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 11192; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 11192.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Hospitals -- Ownership -- United States.; Hospitals -- Economic aspects -- United States.; Hospital care -- United States -- Cost effectiveness.
Description: "This paper offers an empirical test of ownership mix efficiency in the U.S. hospital services industry.  The test compares the benefits of quality assurance with the costs from the attenuation of property rights that result from an increased presence of nonprofit organizations.  The empirical results suggest that too many not-for-profit and public hospitals may exist in the typical market area of the U.S.  The policy implication is that more quality of care per dollar might be obtained by attracting a greater percentage of for-profit hospitals into some market areas.  This conclusion, however, is tempered with several caveats.  We discuss these and also make recommendations for further research"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
Title from PDF file as viewed on 3/15/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.