Entry regulation and the effect of public reporting: Evidence from Home Health Compare.
Entry regulation and the effect of public reporting: Evidence from Home Health Compare.
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准入监管和公开报告的效果:来自家庭健康比较的证据。
DOI:
10.1002/hec.3859
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发表时间:
2019
期刊:
影响因子:
2.1
通讯作者:
Polsky,Daniel
中科院分区:
文献类型:
--
作者:
Wu,Bingxiao;Jung,Jeah;Kim,Hyunjee;Polsky,Daniel
Economic theory suggests that competition and information are complementary tools for promoting health care quality. The existing empirical literature has documented this effect only in the context of competition among existing firms. Extending this literature, we examine competition driven by the entry of new firms into the home health care industry. In particular, we use the certificate of need (CON) law as a proxy for the entry of firms to avoid potential endogeneity of entry. We find that home health agencies in non‐CON states improved quality under public reporting significantly more than agencies in CON states. Because home health care is a labor‐intensive and capital‐light industry, the state CON law is a major barrier for new firms to enter. Our findings suggest that policymakers may jointly consider information disclosure and entry regulation to achieve better quality in home health care.