| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w29388 |
| 来源ID | Working Paper 29388 |
| The Financial Fragility of For-profit Hospitals: Evidence from the COVID-19 Pandemic | |
| Ge Bai; Daniel Jiménez; Phillip Phan; Luis E. Quintero; Alessandro Rebucci; Xian Sun | |
| 发表日期 | 2021-10-25 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We estimate the likelihood of financial distress of U.S. hospitals in 2020 due to the COVID-19 pandemic using AHA Annual Survey data for 2011-2019 and smartphone mobility data for 2020. We find that while the average likelihood of distress across all hospitals is 28.53 % in 2020, slightly increasing from 2019, for-profit hospitals are much more likely to be distressed. Their average likelihood of financial distress is 39.13 %---a 6.93 percentage point increase from 2019. For-profit hospitals are the main providers of specialty health care services, such as psychiatric and acute long-term care, so their increased likelihood of distress poses a risk to service provision in these specialty areas, and particularly in rural communities. Our prediction model based on mobility data performs very well in sample against actual data and can potentially help policymakers and hospital administrators to monitor financial distress in real-time when case mixes change, or other large shocks materialize. |
| 主题 | Financial Economics ; Corporate Finance ; Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Health ; Regional and Urban Economics ; Other ; Culture ; COVID-19 |
| URL | https://www.nber.org/papers/w29388 |
| 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/587062 |
| 推荐引用方式 GB/T 7714 | Ge Bai,Daniel Jiménez,Phillip Phan,et al. The Financial Fragility of For-profit Hospitals: Evidence from the COVID-19 Pandemic. 2021. |
| 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 | ||
| w29388.pdf（467KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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