000 02431nab a2200313 c 4500
003 ES-MaIEF
005 20190117150044.0
007 ta
008 190117s2018 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
041 _aeng
100 1 _928043
_aEinav, Liran
245 0 _aProvider incetives and healthcare cost
_b : evidence from long - care hospitals
_c Liran Einav, Amy Finkelstein, Neale Mahoney
260 _c2018
500 _aDisponible también en formato electrónico a través de la Biblioteca del IEF.
500 _aResumen.
504 _aBibliografía.
520 _aWe study the design of provider incentives in the post-acute care setting—a highstakes but under-studied segment of the healthcare system.We focus on long-term care hospitals (LTCHs) and the large (approximately $13,500) jump in Medicare payments they receive when a patient’s stay reaches a threshold number of days. Discharges increase substantially after the threshold, with the marginal discharged patient in relatively better health. Despite the large financial incentives and behavioral response in a high mortality population, we are unable to detect any compelling evidence of an impact on patient mortality. To assess provider behavior under counterfactual payment schedules, we estimate a simple dynamic discrete choice model of LTCH discharge decisions. When we conservatively limit ourselves to alternative contracts that hold the LTCH harmless, we find that an alternative contract can generate Medicare savings of about $2,100 per admission, or about 5% of total payments. More aggressive payment reforms can generate substantially greater savings, but the accompanying reduction in consequences. Our results highlight how improved financial incentives may be able to reduce healthcare spending, without negative consequences for industry profits or patient health.
650 4 _931104
_aASISTENCIA SANITARIA
650 4 _944260
_aFINANCIACION
650 4 _947461
_aINCENTIVOS
650 4 _944933
_aGASTOS SANITARIOS
650 4 _947776
_aMODELOS ECONOMETRICOS
700 1 _924980
_aFinkelstein, Amy
700 1 _954898
_aMahoney, Neale
773 0 _9158584
_oOP 232/2018/6
_tEconometrica : Journal of the Econometric Society
_w(IEF)21086
_x 0012-9682 [papel]
_g v. 86, n. 6, November 2018, p. 2161-2219
856 _uhttps://onlinelibrary.wiley.com/doi/epdf/10.3982/ECTA15022
942 _cART
999 _c139695
_d139695