HOSPITAL OWNERSHIP AND PERFORMANCE
- 1 January 1985
- journal article
- research article
- Published by Wiley in Economic Inquiry
- Vol. 23 (1) , 21-36
- https://doi.org/10.1111/j.1465-7295.1985.tb01750.x
Abstract
This study compares the performance of three ownership forms of hospitals: for profit, private nonprofit, and public, further classified according to whether or not the hospital is run by a hospital chain. Data come from a 1979 national survey of U.S. hospitals. The authors find that hospital cost is quite similar among alternative ownership forms as is profitability. The results do not provide much empirical support for standard property rights theory. Several reasons are suggested why this may be so.Keywords
This publication has 15 references indexed in Scilit:
- Production, information costs, and economic organizationPublished by Cambridge University Press (CUP) ,2009
- State Rate Setting: An Analysis of Some Unresolved IssuesHealth Affairs, 1983
- Unions and hospitals: Some unresolved issuesJournal of Health Economics, 1982
- The Role of Market Forces in Assuring Contractual PerformanceJournal of Political Economy, 1981
- A Least Squares Correction for Selectivity BiasEconometrica, 1980
- The Relative Efficiency of Public and Private Firms in a Competitive Environment: The Case of Canadian RailroadsJournal of Political Economy, 1980
- Does the Nonprofit Form Fit the Hospital Industry?Harvard Law Review, 1980
- The Role of Nonprofit EnterpriseThe Yale Law Journal, 1980
- Unionism and Wage Rates: A Simultaneous Equations Model with Qualitative and Limited Dependent VariablesInternational Economic Review, 1978
- Shadow Prices, Market Wages, and Labor SupplyEconometrica, 1974