Record Details

The Efficiency Frontier of For-Profit Hospitals

The Journal of Health Care Finance

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Field Value
 
Title The Efficiency Frontier of For-Profit Hospitals
 
Creator Harrison, Jeffrey; University of North Florida
Spaulding, Aaron; University of North Florida
Mouhalis, Paul; University of North Florida
 
Description This study evaluates the efficiency of small and large for-profit hospitals using Data Envelopment Analysis (DEA).  For this study, small for-profit hospitals are 35 beds or less which is consistent with the Federal designation of critical access hospitals (CAH). Large for-profit hospitals are 36 beds and greater. Results indicate overall efficiency in small for-profit hospitals was 60% in 2013. In contrast, the overall efficiency in large for-profit hospitals was 71% in 2013. The number of small for-profit hospitals operating on the efficiency frontier was 18 which represent 12%. Similarly, the number of large for-profit hospitals operating on the efficiency frontier was 49 which represent 8%. This clearly documents for-profit hospitals’ overall efficiency increases with greater size. Hospital executives, healthcare policymakers, taxpayers and other stakeholders benefit from studies that improve hospital efficiency.  From a policy perspective, this study demonstrates a positive association between increased hospital size and increased efficiency within the for-profit hospital industry.
 
Publisher Worldwebtalk.com, Inc.
 
Contributor
 
Date 2015-05-23
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://healthfinancejournal.com/index.php/johcf/article/view/28
 
Source Journal of Health Care Finance; Vol 41, No 4: Spring 2015
 
Language eng
 
Relation http://healthfinancejournal.com/index.php/johcf/article/view/28/30
 
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