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Trading Spaces : Medicare's regulatory spillovers on treatment setting for non-Medicare patients / Michael Geruso, Michael R. Richards.
- Format:
- Book
- Author/Creator:
- Geruso, Michael, author.
- Richards, Michael R., author.
- Series:
- Working paper series (National Bureau of Economic Research) ; no. 28576
- Language:
- English
- Subjects (All):
- Econometric models.
- Physical Description:
- 1 online resource (49 pages).
- Place of Publication:
- Cambridge, Mass. : National Bureau of Economic Research, 2021.
- Summary:
- Medicare pricing is known to indirectly influence provider prices and care provision for non-Medicare patients; however, Medicare's regulatory externalities beyond fee-setting are less well understood. We study how physicians' outpatient surgery choices for non-Medicare patients responded to Medicare removing a ban on ambulatory surgery center (ASC) use for a specific procedure. Following the rule change, surgeons began reallocating both Medicare and commercially insured patients to ASCs. Specifically, physicians became 70% more likely to use ASCs for the policy-targeted procedure among their non-Medicare patients. These novel findings demonstrate that Medicare rulemaking affects physician behavior beyond the program's statutory scope.
- Notes:
- Description based on publisher supplied metadata and other sources.
- Includes bibliographical references.
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