Long-Term Care Hospitals: A Case Study in Waste

Autor:	Liran Einav, Amy Finkelstein, Neale Mahoney
Rok vydání:	2023
Předmět:	Economics and Econometrics Social Sciences (miscellaneous)
Zdroj:	Review of Economics and Statistics. :1-21
ISSN:	1530-9142 0034-6535
Popis:	There is substantial waste in U.S. healthcare but little consensus on how to combat it. We identify one source of waste: long-term care hospitals (LTCHs). Using the entry of LTCHs into hospital markets in an event study design, we find that most LTCH patients would have counterfactually received care at Skilled Nursing Facilities—facilities that provide medically similar care but are paid significantly less—and that substitution to LTCHs leaves patients unaffected or worse off on all dimensions we can objectively measure. Our results imply Medicare could save about $4.6 billion per year by not allowing discharge to LTCHs.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::d6270abbed8db34d52cde382a809a15a https://doi.org/10.1162/rest_a_01092 Zobrazit plný text záznamu