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- W2810860131 abstract "This study examined the effects of public hospitals’ privatization on financial performance. We used a sample of nonfederal acute care public hospitals from 1997 to 2013, averaging 434 hospitals per year. Privatization was defined as conversion from public status to either private not-for-profit (NFP) or private for-profit (FP) status. Financial performance was measured by operating margin (OM) and total margin (TM). We used hospital level and year fixed effects linear panel regressions with nonlagged independent and control variables (Model 1), lagged by 1 year (Model 2), and lagged by 2 years (Model 3). Privatization to FP was associated with 17% higher OM (Model 2) and 9% higher OM (Model 3), compared with 3%, 4%, and 6% higher OM for privatization to NFP for all three Models, respectively. Privatization to FP was associated with 7% higher TM (Model 2) and privatization to NFP was associated with 2% higher TM (Model 3)." @default.
- W2810860131 created "2018-07-10" @default.
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- W2810860131 date "2018-06-26" @default.
- W2810860131 modified "2023-10-01" @default.
- W2810860131 title "The Privatization of Public Hospitals: Its Impact on Financial Performance" @default.
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- W2810860131 doi "https://doi.org/10.1177/1077558718781606" @default.
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