Arbeitspapier
Do Hospitals Respond to Increasing Prices by Supplying Fewer Services?
Medical providers often have a significant influence on treatment decisions which they can use in their own financial interest. Classical models of supplier-induced demand predict that medical providers will supply fewer services if they face increasing prices. We test this prediction based on a reform of hospital financing in Germany. Uniquely, this reform changed the overall level of reimbursement - with increasing prices for some hospitals and decreasing prices for others - without affecting the relative prices for different types of patients. Based on administrative data, we find that hospitals do indeed react to increasing prices by reducing service supply.
- Sprache
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Englisch
- Erschienen in
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Series: IZA Discussion Papers ; No. 9229
- Klassifikation
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Wirtschaft
Analysis of Health Care Markets
Market Structure, Firm Strategy, and Market Performance: General
Business Objectives of the Firm
- Thema
-
physician-induced demand
hospital care
prospective payment
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Salm, Martin
Wübker, Ansgar
- Ereignis
-
Veröffentlichung
- (wer)
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Institute for the Study of Labor (IZA)
- (wo)
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Bonn
- (wann)
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2015
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Salm, Martin
- Wübker, Ansgar
- Institute for the Study of Labor (IZA)
Entstanden
- 2015