Sangam: A Confluence of Knowledge Streams

Hospital ownership and financial performance: a quantitative research review

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dc.contributor Monterey, California, Naval Postgraduate School
dc.contributor Business & Public Policy (GSBPP)
dc.creator Shen, Yu-Chu
dc.creator Eggleston, Karen
dc.creator Lau, Joseph
dc.creator Scmid, Christopher
dc.date 2013-10-31T21:38:04Z
dc.date 2013-10-31T21:38:04Z
dc.date 2005-09
dc.date.accessioned 2022-05-19T00:05:00Z
dc.date.available 2022-05-19T00:05:00Z
dc.identifier NBER Working Paper No. 11662
dc.identifier http://hdl.handle.net/10945/37057
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/54134
dc.description We apply meta-analytic methods to conduct a quantitative review of the empirical literature since 1999 comparing financial performance of US for-profit, not-for-profit, and government-owned general acute hospitals. We find that tthe diverse results in the hospital ownership literature can be explained largely by differences in authors' underlying theoretical frameworks, assumptions about the functional form of the dependent variables, and model specifications. Weaker methods and functional forms tend to predict larger differences in financial performance between not-for-profits and for-profits. The combined estimates across studies suggest little difference in cost among all three types of hospital ownership, and that for-profit hospitals generate more revenue and greater profits than not-for-prorfits hospitals, alhough the difference is only of modest economic significance. There is little difference in revenue or profits between government and not-for-profit hospitals.
dc.format application/pdf
dc.publisher National Bureau of Economic Research
dc.rights This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
dc.subject hopsital ownership
dc.subject financial performance
dc.title Hospital ownership and financial performance: a quantitative research review
dc.type Book


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