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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18853 |
来源ID | Working Paper 18853 |
How do Hospitals Respond to Negative Financial Shocks? The Impact of the 2008 Stock Market Crash | |
David Dranove; Craig Garthwaite; Christopher Ody | |
发表日期 | 2013-02-28 |
出版年 | 2013 |
语种 | 英语 |
摘要 | The theory of cost-shifting posits that nonprofit hospitals respond to negative financial shocks by raising prices for privately insured patients. We examine how hospitals responded to the sharp reductions in their endowments caused by the 2008 stock market collapse. We find that the average hospital did not engage in cost-shifting, but average hospitals that likely have substantial market power did cost-shift. Investigating further how hospitals responded to the financial setback, we found no evidence of reductions in treatment costs. However, hospitals with large endowment losses delayed purchases of health information technology and curtailed the offering of unprofitable services. |
主题 | Health, Education, and Welfare ; Health ; Industrial Organization ; Firm Behavior |
URL | https://www.nber.org/papers/w18853 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576528 |
推荐引用方式 GB/T 7714 | David Dranove,Craig Garthwaite,Christopher Ody. How do Hospitals Respond to Negative Financial Shocks? The Impact of the 2008 Stock Market Crash. 2013. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w18853.pdf(339KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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