Does Higher Hospital Cost Imply Higher Quality of Care?

dc.contributor.author	Picone, Gabriel A.	en_US
dc.contributor.author	Sloan, Frank	en_US
dc.contributor.author	Chou, Shin-Yi	en_US
dc.contributor.author	Taylor, Donald Jr.	en_US
dc.date.accessioned	2010-03-09T15:47:42Z
dc.date.available	2010-03-09T15:47:42Z
dc.date.issued	2003	en_US
dc.identifier.uri	http://hdl.handle.net/10161/2122
dc.description.abstract	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.	en_US
dc.format.extent	80093 bytes
dc.format.mimetype	application/pdf
dc.language.iso	en_US
dc.publisher	The Review of Economics and Statistics	en_US
dc.subject	hospital	en_US
dc.subject	medicare	en_US
dc.title	Does Higher Hospital Cost Imply Higher Quality of Care?	en_US
dc.type	Journal Article	en_US
dc.department	Economics