Does higher hospital cost imply higher quality of care?
Document Type
Article
Publication Date
2-1-2003
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.
Identifier
0037321522 (Scopus)
Publication Title
Review of Economics and Statistics
External Full Text Location
https://doi.org/10.1162/003465303762687703
ISSN
00346535
First Page
51
Last Page
62
Issue
1
Volume
85
Recommended Citation
Picone, Gabriel A.; Sloan, Frank A.; Chou, Shin Yi; and Taylor, Donald H., "Does higher hospital cost imply higher quality of care?" (2003). Faculty Publications. 14188.
https://digitalcommons.njit.edu/fac_pubs/14188
