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The Effects of Cardiac Specialty Hospitals on the Cost and Quality of Medical Care / Jason R. Barro, Robert S. Huckman, Daniel P. Kessler.
- Format:
- Book
- Author/Creator:
- Barro, Jason R.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w11707.
- NBER working paper series no. w11707
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2005.
- Summary:
- The recent rise of specialty hospitals -- typically for-profit firms that are at least partially owned by physicians -- has led to substantial debate about their effects on the cost and quality of care. Advocates of specialty hospitals claim they improve quality and lower cost; critics contend they concentrate on providing profitable procedures and attracting relatively healthy patients, leaving (predominantly nonprofit) general hospitals with a less-remunerative, sicker patient population. We find support for both sides of this debate. Markets experiencing entry by a cardiac specialty hospital have lower spending for cardiac care without significantly worse clinical outcomes. In markets with a specialty hospital, however, specialty hospitals tend to attract healthier patients and provide higher levels of intensive procedures than general hospitals.
- Notes:
- Print version record
- October 2005.
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