Trends in Hospital Cost and Revenue, 1994-2005: How Are they Related to HMO Penetration, Concentration, and For-Profit Ownership?
Wu, Vivian Y.
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Objective: Analyze trends in hospital cost and revenue, as well as price and quantity (1994–2005) as a function of health maintenance organization (HMO) penetration, HMO concentration, and for-profit (FP) HMO market share. Data: Medicare hospital cost reports, AHA Annual Surveys, HMO data from Interstudy, and other supplemental data. Study Design: A retrospective study of all short-term, general, nonfederal hospitals in metropolitan statistical areas (MSAs) in the United States from 1994 to 2005, using hospital/MSA fixed-effects translog regression models.
The article of record as published may be located at http://dx.doi.org/10.1111/j.1475-6773.2009.01047.x
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