Details
| Originalsprache | Englisch |
|---|---|
| Seiten (von - bis) | 660-674 |
| Seitenumfang | 15 |
| Fachzeitschrift | Health economics |
| Jahrgang | 20 |
| Ausgabenummer | 6 |
| Frühes Online-Datum | 31 März 2011 |
| Publikationsstatus | Veröffentlicht - Juni 2011 |
| Extern publiziert | Ja |
Abstract
This paper investigates the cost and profit efficiency of German hospitals and their variation with ownership type. It is motivated by the empirical finding that private (for-profit) hospitals - having been shown to be less cost efficient in the past - on average earn higher profits than public hospitals. We conduct a Stochastic Frontier Analysis on a multifaceted administrative German data set combined with the balance sheets of 541 hospitals of the years 2002-2006. The results show no significant differences in cost efficiency but higher profit efficiency of private than of publicly owned hospitals.
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in: Health economics, Jahrgang 20, Nr. 6, 06.2011, S. 660-674.
Publikation: Beitrag in Fachzeitschrift › Artikel › Forschung › Peer-Review
}
TY - JOUR
T1 - Profit efficiency and ownership of German hospitals
AU - Herr, Annika
AU - Hendrik, Schmitz
AU - Boris, Augurzky
PY - 2011/6
Y1 - 2011/6
N2 - This paper investigates the cost and profit efficiency of German hospitals and their variation with ownership type. It is motivated by the empirical finding that private (for-profit) hospitals - having been shown to be less cost efficient in the past - on average earn higher profits than public hospitals. We conduct a Stochastic Frontier Analysis on a multifaceted administrative German data set combined with the balance sheets of 541 hospitals of the years 2002-2006. The results show no significant differences in cost efficiency but higher profit efficiency of private than of publicly owned hospitals.
AB - This paper investigates the cost and profit efficiency of German hospitals and their variation with ownership type. It is motivated by the empirical finding that private (for-profit) hospitals - having been shown to be less cost efficient in the past - on average earn higher profits than public hospitals. We conduct a Stochastic Frontier Analysis on a multifaceted administrative German data set combined with the balance sheets of 541 hospitals of the years 2002-2006. The results show no significant differences in cost efficiency but higher profit efficiency of private than of publicly owned hospitals.
KW - Hospital efficiency
KW - Ownership
KW - Profit function
KW - Stochastic frontier analysis
UR - http://www.scopus.com/inward/record.url?scp=79953745495&partnerID=8YFLogxK
U2 - 10.1002/hec.1622
DO - 10.1002/hec.1622
M3 - Article
C2 - 21456049
AN - SCOPUS:79953745495
VL - 20
SP - 660
EP - 674
JO - Health economics
JF - Health economics
SN - 1057-9230
IS - 6
ER -