HKS Affiliated Authors
Ethel Zimmerman Wiener Professor of Public Policy, HKS; Henry and Allison McCance Professor of Business Administration, HBS
Excerpt
Excerpt
Healthcare Exceptionalism? Performance and Allocation in the U.S. Healthcare Sector. Amitabh Chandra, October 1, 2015, Paper. “The conventional wisdom in health economics is that idiosyncratic features of the healthcare sector leave little scope for market forces to allocate consumers to higher performance producers. However, we find robust evidence across a variety of conditions and performance measures that higher quality hospitals tend to have higher market shares at a point in time and expand more over time. Moreover, we find that the relationship between performance and allocation is stronger among patients who have greater…” Link