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The Convergence Between For Profit And Nonprofit Hospitals In The United States
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Book Synopsis The Convergence Between For-Profit and Nonprofit Hospitals in the United States by : Guy David
Download or read book The Convergence Between For-Profit and Nonprofit Hospitals in the United States written by Guy David and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides evidence of the growing similarity in capacity of for-profit and nonprofit hospitals. In 1960, nonprofit hospitals maintained on average more than three times as many beds per hospital as their for-profit counterparts; following a monotonic decline in relative size, by 2000, the average nonprofit hospital was only 32% larger than the typical for-profit hospital. Hospital level data for the United States indicate that the convergence was driven primarily by industry-wide effects such as entry, exit and ownership switches, rather than expansions or downsizing of existing hospitals. These findings suggest that hospitals may in fact strategically choose their ownership type (nonprofit vs. for-profit status) and hence, their regulatory environment. Accordingly, I develop a model in which firms have identical objectives but differ in their ability to benefit from a given ownership form. In contrast to the existing literature, this approach relies neither on different ownership type-specific objectives nor on market failure to generate an equilibrium in which both ownership types are chosen by a strictly positive fraction of hospitals. Changes in the economic environment alter firms' incentives to maintain a given ownership type. This in turn induces firms to modify their capacity and encourages some firms to switch their ownership type. Crowding-out of government hospitals, population growth and increasing involvement of the government in the healthcare market may account for the convergence in size. Policymakers and legislators often exert pressure on nonprofit hospitals by tying tax-exemptions to hospital-level measures of community benefits such as free care for the indigent. I argue that by omitting industry-wide effects of a hospital's tax-exempt status on price and industry output, such pressure may both lead to convergence in size and be welfare decreasing. Analysis at the state and Metropolitan Statistical Area (MSA) level as well as at the hospital level corroborate the principal theoretical predictions.
Book Synopsis The Convergence Between Nonprofit and For-profit Hospitals in the United States by : Guy David
Download or read book The Convergence Between Nonprofit and For-profit Hospitals in the United States written by Guy David and published by . This book was released on 2004 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Convergence Between Nonprofit and For-Profit Hospitals in the Us; 1960-1999 by : Guy David
Download or read book The Convergence Between Nonprofit and For-Profit Hospitals in the Us; 1960-1999 written by Guy David and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Theoretical models that were developed in the 1970's predict large differences in behavior between for-profit and nonprofit hospitals, while recent empirical studies have consistently failed to detect these differences. This paper attempts to solve this apparent contradiction by suggesting that organizations with different objectives may behave similarly under certain market conditions. By tracking key variables of hospital behavior in the United States between 1960 and 1999, this paper argues that the similar behavior of hospitals under different ownership structure found in recent empirical studies may be the result of a continuing convergence process. Theoretical analysis suggests that the introduction of federally funded insurance for certain patient groups may account for the growing convergence in the behavior of these two ownership types. Analysis of hospital-level data for California indicates that the convergence was effected largely through acquisitions of nonprofit hospitals by for-profit institutions and vice versa.
Book Synopsis Nonprofit Hospitals by : United States. General Accounting Office
Download or read book Nonprofit Hospitals written by United States. General Accounting Office and published by . This book was released on 1993 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Comparison of Non-profit, For-profit and Public Hospitals in the United States by : Joseph Rogers Hollingsworth
Download or read book A Comparison of Non-profit, For-profit and Public Hospitals in the United States written by Joseph Rogers Hollingsworth and published by . This book was released on 1986 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Convergence of Form and Function Between Nonprofit and For-profit Hospitals by : Pamela Patricia Spohn
Download or read book Convergence of Form and Function Between Nonprofit and For-profit Hospitals written by Pamela Patricia Spohn and published by . This book was released on 1989 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Taking the Pulse of Charitable Care and Community Benefits at Nonprofit Hospitals by : United States. Congress. Senate. Committee on Finance
Download or read book Taking the Pulse of Charitable Care and Community Benefits at Nonprofit Hospitals written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2006 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Dragon and the Eagle by : Karen Eggleston
Download or read book The Dragon and the Eagle written by Karen Eggleston and published by Cambridge University Press. This book was released on 2021-02-18 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comparative study allows decision-makers to understand and use public-private collaboration to achieve governance goals.
Book Synopsis The New Health Care for Profit by : Institute of Medicine
Download or read book The New Health Care for Profit written by Institute of Medicine and published by National Academies Press. This book was released on 1983-01-01 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the new health care for profit. Legal differences between investor-owned and nonprofit health care institutions. Wall Street and the for-profit hospital management companies. When investor-owned corporations buy hospitals: some issues and concerns. Physician involvement in hospital decision making. Economic incentives and clinical decisions. Ethical dilemmas of for-profit enterprise in health care. Secondary income from recommended treatment: should fiduciary principles constrain physician behavior?
Book Synopsis Handbook of Research on Nonprofit Economics and Management by : Bruce A. Seaman
Download or read book Handbook of Research on Nonprofit Economics and Management written by Bruce A. Seaman and published by Edward Elgar Publishing. This book was released on 2018-06-29 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building on the success of the first edition, this thoroughly revised and expanded edition explores (1) areas of general agreement from previous research; (2) areas of conflicting results and unexplored questions; (3) the relative roles of theory, data availability and empirical analysis in explaining gaps in our knowledge; and (4) what must be done to improve our knowledge and extend the literature. Selected original chapters addressing especially challenging topics include the value of risk management to nonprofit decision-making; nonprofit wages theory and evidence; the valuation of volunteer labor; property tax exemption for nonprofits; when is competition good for the third sector; and product diversification and social enterprise; international perspectives; the application of experimental research and the macroeconomic effects of the nonprofit sector.
Book Synopsis For-Profit Enterprise in Health Care by : Institute of Medicine
Download or read book For-Profit Enterprise in Health Care written by Institute of Medicine and published by National Academies Press. This book was released on 1986-01-01 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: "[This book is] the most authoritative assessment of the advantages and disadvantages of recent trends toward the commercialization of health care," says Robert Pear of The New York Times. This major study by the Institute of Medicine examines virtually all aspects of for-profit health care in the United States, including the quality and availability of health care, the cost of medical care, access to financial capital, implications for education and research, and the fiduciary role of the physician. In addition to the report, the book contains 15 papers by experts in the field of for-profit health care covering a broad range of topicsâ€"from trends in the growth of major investor-owned hospital companies to the ethical issues in for-profit health care. "The report makes a lasting contribution to the health policy literature." â€"Journal of Health Politics, Policy and Law.
Book Synopsis Not-for-profit Hospitals by : United States. General Accounting Office
Download or read book Not-for-profit Hospitals written by United States. General Accounting Office and published by . This book was released on 1997 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Oxford Handbook of U.S. Health Law by : I. Glenn Cohen
Download or read book The Oxford Handbook of U.S. Health Law written by I. Glenn Cohen and published by Oxford University Press. This book was released on 2017 with total page 1233 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of U.S. Health Law covers the breadth and depth of health law, with contributions from the most eminent scholars in the field. The Handbook paints with broad thematic strokes the major features of American healthcare law and policy, its recent reforms including the Affordable Care Act, its relationship to medical ethics and constitutional principles, how it compares to the experience of other countries, and the legal framework for the patient experience. This Handbook provides valuable content, accessible to readers new to the subject, as well as to those who write, teach, practice, or make policy in health law.
Book Synopsis The competitive effects of not-for-profit hospital mergers a case study by : Michael G. Vita
Download or read book The competitive effects of not-for-profit hospital mergers a case study written by Michael G. Vita and published by DIANE Publishing. This book was released on 1999 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Profit Motive and Patient Care by : Bradford H. Gray
Download or read book The Profit Motive and Patient Care written by Bradford H. Gray and published by Harvard University Press. This book was released on 1991 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this penetrating analysis, Bradford Gray tackles the thorny issues surrounding the question of to whom and for what our physicians and hospitals are accountable. This book provides a careful evaluation of the mechanisms of accountability that have developed along with a growing profit orientation of health care, and it alerts us to keep a sharp eye focused on who is looking out for the interests of the patient.
Book Synopsis Civil Society and the Reform of Finance by : Charles McDaniel, Jr.
Download or read book Civil Society and the Reform of Finance written by Charles McDaniel, Jr. and published by Routledge. This book was released on 2015-07-16 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Efforts to resolve the recent financial crisis have obscured a more deeply rooted financialization crisis that impacts not only the market economy but also the vital civic and moral traditions that support it. This book reveals the cultural influence of finance in reshaping the foundations of American civil society and proposes a return to certain "first principles" of the Republic to restore the nation’s economic vision. This book demonstrates how funding concerns and financial incentives "revalue" faith traditions, educational institutions, non-profit organizations, and even the nation’s healthcare system in ways that are eroding the diversity of American culture. These changes also undermine the ethical framework of both democratic government and the free-market system. While financial influence has diminished the value of civil society, this book proposes that revitalized intermediary institutions still offer the best path forward in restoring the financial sector and, more broadly, enriching the American competitive ethic toward development of a more virtuous economy. The book is written for an academic and professional audience, offering a blueprint for the involvement of civil society with government in providing more communally integrated oversight that could contribute to a genuine democratization of finance.
Book Synopsis Controversy about American Hospitals by : Joseph Rogers Hollingsworth
Download or read book Controversy about American Hospitals written by Joseph Rogers Hollingsworth and published by AEI Studies. This book was released on 1987 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Medical care in the United States cost about $400 billion in 1985. It is big business and the subject of great controversy. During the past decade the hospital, as part of the medical system, has become the focus of much of the controversy. Attention has centered on how to control hospital costs, the large-scale activities of for-profit corporations in providing medical care, the extent to which alternative payment systems for Medicare might alter hospitals' behavior, and how the nation can provide needed hospital services for the 35 million people who do not have hospital insurance of any kind. Increasing concern has emerged about the extent to which the intense businesslike orientation of hospitals of all kinds has undermined their role as community institutions providing a much-needed public service. Although many other serious issues exist, these have engendered the most discussion. This study is concerned primarily with comparing the behavior of for-profit, public, and voluntary hospitals.
