Does corporate ownership matter?
Subtitle: service provision in the hospital industry
By: Jill R. Horwitz.
Contributors: National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 11376; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 11376.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Voluntary hospitals -- United States.; Public hospitals -- United States.; Health facilities, Proprietary -- United States.
Description: "Three types of firms %uF818 nonprofit, for-profit, and government %uF818 own U.S.  hospitals, yet we do not know whether ownership results in the specialization of medical service provision.  This study of over 30 medical services in urban, general hospitals (1988-2000) shows that ownership types specialize in medical services according to the profitability of those services.  The paper examines three theories to explain the differences: 1) objectives, 2) capital prices, and 3) market characteristics.  The findings are best explained by differences in the objectives adopted by hospital types rather than differences in capital constraints faced by them.  Preliminary evidence suggests that hospital behavior depends on the ownership form of neighboring hospitals"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
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Mode of access: World Wide Web.