NBER WORKING PAPER SERIES THE LONG-TERM IMPACT OF MEDICARE PAYMENT REDUCTIONS ON PATIENT OUTCOMES
NBER WORKING PAPER SERIES THE LONG-TERM IMPACT OF MEDICARE PAYMENT REDUCTIONS ON PATIENT OUTCOMES
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NBER 工作论文系列 医疗保险付款减少对患者预后的长期影响
DOI:
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发表时间:
2012
期刊:
影响因子:
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通讯作者:
Yu‐Chu Shen
中科院分区:
文献类型:
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作者:
V. Wu;Yu‐Chu Shen
This study examines the long term impact of Medicare payment reductions on patient outcomes using a natural experiment the Balance Budget Act (BBA) of 1997. We use predicted Medicare revenue changes due to BBA, with simulated BBA payment cuts as an instrument, to categorize hospitals by degrees of payment cuts (small, moderate, or large), and follow Medicare patient outcomes in these hospitals over a 11 year panel: 1995-1997 pre-BBA, 1998-2000 initial years of BBA, and 2001-2005 post-BBA years. We find that Medicare AMI mortality trends stay similar across hospitals when comparing between pre-BBA and initial-BBA periods. However, the trends began to diverge in 2001-2005: hospitals facing large payment cuts saw increased mortality rates relative to that of hospitals facing small cuts in the post-BBA period (2001-2005) after controlling for their pre-BBA trends. We find support that part of the higher AMI mortalities among large-cut hospitals are explained by reductions in staffing level and operating cost following the payment cuts. Vivian Y. Wu University of Southern California School of Policy, Planning, and Development 650 Childs Way, RGL 305 Los Angeles, CA 90089 vwu@nber.org Yu-Chu Shen Graduate School of Business and Public Policy Naval Postgraduate School 555 Dyer Road Monterey, CA 93943 and NBER yshen@nps.edu