PROFIT VARIABILITY IN FOR-PROFIT AND NOT-FOR-PROFIT HOSPITALS

被引:84
作者
HOERGER, TJ
机构
[1] Department of Economics and Business Administration, Vanderbilt University, Nashville
关键词
D O I
10.1016/0167-6296(91)90030-Q
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper proposes two tests of the hypothesis that not-for-profit hospitals (NFPs) behave differently than for-profit hospitals. The profit variability test states that the profits of an NFP will be less variable over time than profits of a for-profit hospital if the NFP maximizes utility subject to a profit constraint. The second test examines whether NFP profits respond less to change in exogenous factors, such as Medicare reimbursement rates, than profits of for-profit hospitals. Both tests, performed on panel data from 1983 to 1988, support the hypothesis that NFPs behave differently than for-profit hospitals. © 1991.
引用
收藏
页码:259 / 289
页数:31
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