Hospital consolidation and costs: another look at the evidence
Hospital consolidation and costs: another look at the evidence
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DOI:
10.1016/j.jhealeco.2003.05.001
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发表时间:
2003-11-01
影响因子:
3.5
通讯作者:
Lindrooth, R
中科院分区:
文献类型:
--
作者:
Dranove, D;Lindrooth, R
We investigate whether pairwise hospital consolidation leads to cost savings. We use a unified empirical methodology to assess both systems and mergers. Our comparison group for each consolidation consists of 10 'pseudo-mergers' chosen based on propensity scores. Cost function estimates reveal that consolidation into systems does not generate savings, even after 4 years. Mergers in which hospitals consolidate financial reporting and licenses generate savings of approximately 14%: 2, 3, and 4 years after merger. The system consolidation and merger results are very robust to changes in the specification and the sample. (C) 2003 Elsevier B.V. All rights reserved.