Does higher hospital cost imply higher quality of care?
Publication
, Journal Article
Picone, GA; Sloan, FA; Chou, SY; Taylor, DH
Published in: Review of Economics and Statistics
February 1, 2003
This study investigates whether higher input use per stay in the hospital (treatment intensity) and longer length of stay improve outcomes of care. We allow for endogeneity of intensity and length of stay by estimating a quasi-maximum-likelihood discrete factor model, where the distribution of the unmeasured variable is modeled using a discrete distribution. Data on elderly persons come from several waves of the National Long-Term Care Survey merged with Medicare claims data for 1984-1995 and the National Death Index. We find that higher intensity improves patient survival and some dimensions of functional status among those who survive.
Duke Scholars
Altmetric Attention Stats
Dimensions Citation Stats
Published In
Review of Economics and Statistics
DOI
ISSN
0034-6535
Publication Date
February 1, 2003
Volume
85
Issue
1
Start / End Page
51 / 62
Related Subject Headings
- Economics
- 3802 Econometrics
- 3801 Applied economics
- 3502 Banking, finance and investment
- 1403 Econometrics
- 1402 Applied Economics
Citation
APA
Chicago
ICMJE
MLA
NLM
Picone, G. A., Sloan, F. A., Chou, S. Y., & Taylor, D. H. (2003). Does higher hospital cost imply higher quality of care? Review of Economics and Statistics, 85(1), 51–62. https://doi.org/10.1162/003465303762687703
Picone, G. A., F. A. Sloan, S. Y. Chou, and D. H. Taylor. “Does higher hospital cost imply higher quality of care?” Review of Economics and Statistics 85, no. 1 (February 1, 2003): 51–62. https://doi.org/10.1162/003465303762687703.
Picone GA, Sloan FA, Chou SY, Taylor DH. Does higher hospital cost imply higher quality of care? Review of Economics and Statistics. 2003 Feb 1;85(1):51–62.
Picone, G. A., et al. “Does higher hospital cost imply higher quality of care?” Review of Economics and Statistics, vol. 85, no. 1, Feb. 2003, pp. 51–62. Scopus, doi:10.1162/003465303762687703.
Picone GA, Sloan FA, Chou SY, Taylor DH. Does higher hospital cost imply higher quality of care? Review of Economics and Statistics. 2003 Feb 1;85(1):51–62.
Published In
Review of Economics and Statistics
DOI
ISSN
0034-6535
Publication Date
February 1, 2003
Volume
85
Issue
1
Start / End Page
51 / 62
Related Subject Headings
- Economics
- 3802 Econometrics
- 3801 Applied economics
- 3502 Banking, finance and investment
- 1403 Econometrics
- 1402 Applied Economics