The Health Sector and the Economy conference brought faculty, research professionals, and students together to explore health care issues, from the opioid epidemic to patient-centered care to health innov
Do patients follow prescribed medical treatment more closely when a pharmacy opens in their neighborhood? How do hospitals respond to performance-based incentives to improve the quality of care?
The availability of large, easily accessible datasets allows ready economic analysis of the healthcare sector today.
Price theory combines theoretical and empirical analysis to better understand economic decision-making. This powerful tool is an essential approach for examining health and the function of health care markets and policies.
When the government denies disability benefits to applicants who are married, spouses step up and earn more. But single individuals saw their incomes decline, managing to earn back only a small share of the denied benefit.
What is the best way to improve access to healthcare in poorer parts of the world? Will people value and utilize free insurance the same way they would a cash payment?
Under the Affordable Care Act, insurers can no longer deny or price medical coverage based on pre-existing conditions. This offers enormous benefits to those who could not obtain or afford adequate coverage—and potentially enormous risks to health insurance markets.
There is substantial waste in U.S. healthcare, but little consensus on how to identify or combat it. We identify one specific source of waste: long-term care hospitals (LTCHs). These post-acute care facilities began as a regulatory carve-out for a few dozen specialty hospitals, but have expanded into an industry with over 400 hospitals and $5.4 billion in annual Medicare spending in 2014. We use the entry of LTCHs into local hospital markets and an event study design to estimate LTCHs’ impact.
When choosing a hospital, patients favor facilities they have used in the past. Using data from New York, I investigate the sources of patient loyalty to hospitals. To distinguish persistent unobserved heterogeneity and state dependence, I exploit shocks that induce patients to try a new hospital: emergency hospitalizations and temporary hospital closures due to Hurricane Sandy. I find evidence of state dependence under minimal assumptions about the data generating process.