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来源类型Working Paper
规范类型报告
DOI10.3386/w18025
来源IDWorking Paper 18025
The Impact of Health Information Technology on Hospital Productivity
Jinhyung Lee; Jeffrey S. McCullough; Robert J. Town
发表日期2012-04-26
出版年2012
语种英语
摘要The US health care sector is, by most accounts, extraordinarily inefficient. Health information technology (IT) has been championed as a tool that can transform health care delivery. Recently, the federal government has taken an active role in promoting health IT diffusion. There is little systematic analysis of the causal impact of health IT on productivity or whether private and public returns to health IT diverge thereby justifying government intervention. We estimate the parameters of a value-added hospital production function correcting for endogenous input choices in order to assess the private returns hospitals earn from health IT. Despite high marginal products, the potential benefits from expanded IT adoption are modest. Over the span of our data, health IT inputs increased by more than 210% and contributed about 6% to the increase in value-added. Virtually all the increase in value-added is attributable to the increased use of inputs{there was little change in hospital multi-factor productivity. Not-for-profits invested more heavily and differently in IT than for-profit hospitals. Finally, we find no evidence of labor complementarities or network externalities from health IT.
主题Microeconomics ; Households and Firms ; Industrial Organization ; Nonprofits
URLhttps://www.nber.org/papers/w18025
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/575701
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GB/T 7714
Jinhyung Lee,Jeffrey S. McCullough,Robert J. Town. The Impact of Health Information Technology on Hospital Productivity. 2012.
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