𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Cost efficiency of US hospitals: a stochastic frontier approach

✍ Scribed by Michael D. Rosko

Publisher
John Wiley and Sons
Year
2001
Tongue
English
Weight
97 KB
Volume
10
Category
Article
ISSN
1057-9230

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

This study examined the impact of managed care and other environmental factors on hospital inefficiency in 1631 US hospitals during the period 1990–1996. A panel, stochastic frontier regression model was used to estimate inefficiency parameters and inefficiency scores.

The results suggest that mean estimated inefficiency decreased by about 28% during the study period. Inefficiency was negatively associated with health maintenance organization (HMO) penetration and industry concentration. It was positively related with Medicare share and for‐profit ownership status. Copyright Β© 2001 John Wiley & Sons, Ltd.

πŸ“œ SIMILAR VOLUMES

Cost efficiency in primary care contract
Cost efficiency in primary care contracting: a stochastic frontier cost function approach
✍ Jaume Puig-Junoy; Vicente OrtΓΊn πŸ“‚ Article πŸ“… 2004 πŸ› John Wiley and Sons 🌐 English βš– 176 KB

## Abstract The principal aim of this paper is to estimate a stochastic frontier cost function and an inefficiency effects model in the analysis of the primary health‐care services purchased by the public authority and supplied by 180 providers in 1996 in Catalonia. The evidence from our sample doe

Managerial performance and cost efficien
Managerial performance and cost efficiency of Japanese local public hospitals: A latent class stochastic frontier model
✍ Galina Besstremyannaya πŸ“‚ Article πŸ“… 2011 πŸ› John Wiley and Sons 🌐 English βš– 152 KB

## Abstract The paper explores the link between managerial performance and cost efficiency of 617 Japanese general local public hospitals in 1999–2007. Treating managerial performance as unobservable heterogeneity, the paper employs a panel data stochastic cost frontier model with latent classes. F

The determinants of cost efficiency of h
The determinants of cost efficiency of hydroelectric generating plants: A random frontier approach
✍ Carlos P. Barros; Nicolas Peypoch πŸ“‚ Article πŸ“… 2007 πŸ› Elsevier Science 🌐 English βš– 334 KB

This paper analyses the technical efficiency in the hydroelectric generating plants of a main Portuguese electricity enterprise EDP (Electricity of Portugal) between 1994 and 2004, investigating the role played by increase in competition and regulation. A random cost frontier method is adopted. A tr

Assessing the efficiency of travel agenc
Assessing the efficiency of travel agencies with a stochastic cost frontier: a Portuguese case study
✍ Carlos Pestana Barros; Álvaro Matias πŸ“‚ Article πŸ“… 2006 πŸ› John Wiley and Sons 🌐 English βš– 137 KB

This paper uses an econometric frontier model to evaluate the technical efficiency of a sample of Portuguese travel agencies. The model encompasses a Cobb-Douglas cost frontier approach, with data running from 2000 to 2004, and makes use of financial variables to generate the travel agencies' effici

Efficiency in the National Basketball As
Efficiency in the National Basketball Association: a stochastic frontier approach with panel data
✍ Richard A. Hofler; James E. Payne πŸ“‚ Article πŸ“… 2006 πŸ› John Wiley and Sons 🌐 English βš– 111 KB

We investigate how closely NBA teams play up to their potential. We find that shooting, rebounding, stealing the ball and blocking shots raise the number of potential wins while turnovers lower it. We also learn that better coaching and defensive prowess raise a team's win efficiency.