Hospital ownership and financial performance: a quantitative research review

dc.contributor.authorShen, Yu-Chu
dc.contributor.authorEggleston, Karen
dc.contributor.authorLau, Joseph
dc.contributor.authorScmid, Christopher
dc.contributor.corporateNaval Postgraduate School (U.S.)
dc.contributor.departmentGraduate School of Business & Public Policy (GSBPP)
dc.date.accessioned2013-10-31T21:38:04Z
dc.date.available2013-10-31T21:38:04Z
dc.date.issued2005-09
dc.description.abstractWe apply meta-analytic methods to conduct a quantitative review of the empirical literature since 1999 comparing financial performance of US for-profit, not-for-profit, and government-owned general acute hospitals. We find that tthe diverse results in the hospital ownership literature can be explained largely by differences in authors' underlying theoretical frameworks, assumptions about the functional form of the dependent variables, and model specifications. Weaker methods and functional forms tend to predict larger differences in financial performance between not-for-profits and for-profits. The combined estimates across studies suggest little difference in cost among all three types of hospital ownership, and that for-profit hospitals generate more revenue and greater profits than not-for-prorfits hospitals, alhough the difference is only of modest economic significance. There is little difference in revenue or profits between government and not-for-profit hospitals.en_US
dc.identifier.citationNBER Working Paper No. 11662
dc.identifier.urihttps://hdl.handle.net/10945/37057
dc.publisherNational Bureau of Economic Researchen_US
dc.rightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.en_US
dc.subject.authorhopsital ownershipen_US
dc.subject.authorfinancial performanceen_US
dc.titleHospital ownership and financial performance: a quantitative research reviewen_US
dc.typeBooken_US
dspace.entity.typePublication
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