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Springer Hospital Cost Analysis: 3 (Developments in Health Economics and Public Policy, 3)

Name: Hospital Cost Analysis: 3 (Developments in Health Economics and Public Policy, 3)
Brand: Springer

Econometrics

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Hospital Cost Analysis provides an overview of theoretical developments in the economic analysis of production and costs in the multiproduct firm, and discusses these developments. Following a lucid explanation of the concepts of jointness, input/output separability and returns to scale, a detailed discussion of the concept measurement and classification of hospital output is provided. A fundamental dilemma confronting economists interested in estimating hospital cost functions is highlighted, viz. the trade-off between flexibility in functional form and homogeneity within hospital output categories. Empirical results on the effects of case mix, scale and utilisation, public/private ownership, and the centralised administration of hospital systems on hospital costs are presented. The implications of hospital cost analysis for public policy with respect to hospital payment schemes, including schemes based on Diagnosis Related Groups (DRGs), are also considered. This book brings together the literature on hospital cost analysis with theoretical developments in the analysis of the multiproduct cost functions. It will be of considerable interest to teachers and students of health economics and health policy advisers interested in the determinants of hospital costs and the design of hospital payment schemes.

Product Specifications

Brand: Springer
Format: Hardcover
ASIN: 0792332474
Category: Books > Subjects > Business, Finance & Law > Economics > Econometrics
Domain: Amazon UK
Release Date: 31 January 1995
Listed Since: 12 January 2007

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Springer Hospital Cost Analysis: 3 (Developments in Health Economics and Public Policy, 3)

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