Does Higher Cost Inefficiency Imply Higher Profit Inefficiency? - Evidence on Inefficiency and Ownership of German Hospitals

Arbeitspapier

This paper investigates cost and profit efficiency of German hospitals. More specifically, it deals with the question how hospital efficiency varies with ownership, patient structure,and other exogenous factors, which are neither inputs nor outputs of the production process. We conduct a Stochastic Frontier Analysis (SFA) on a multifaceted administrative German dataset combined with the balance sheets of 374 hospitals for the years 2002 to 2005.The results indicate that private (for-profit) and (private) non-profit hospitals are on average less cost efficient but more profit efficient than publicly owned hospitals.

Angaben zum Objekt

• ISBN: 978-3-86788-146-3
• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Ruhr Economic Papers ; No. 132

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Estimation: General ; Analysis of Health Care Markets ; Comparison of Public and Private Enterprises and Nonprofit Institutions; Privatization; Contracting Out
• Thema: Hospital efficiency ; ownership ; stochastic frontier analysis ; profit function ; Krankenhaus ; Krankenhauskosten ; Wirtschaftliche Effizienz ; Eigentümerstruktur ; Deutschland

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Herr, Annika ; Schmitz, Hendrik ; Augurzky, Boris
• Ereignis: Veröffentlichung
• (wer): Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
• (wo): Essen
• (wann): 2009

Weitere Informationen

• Handle: http://hdl.handle.net/10419/29917
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ