000 02319cam a22003257 4500
001 w16859
003 NBER
005 20211020110936.0
006 m o d
007 cr cnu||||||||
008 210910s2011 mau fo 000 0 eng d
100 1 _aWu, Vivian Y.
245 1 4 _aThe Long-term Impact of Medicare Payment Reductions on Patient Outcomes /
_cVivian Y. Wu, Yu-Chu Shen.
260 _aCambridge, Mass.
_bNational Bureau of Economic Research
_c2011.
300 _a1 online resource:
_billustrations (black and white);
490 1 _aNBER working paper series
_vno. w16859
500 _aMarch 2011.
520 3 _aThis study examines the long term impact of Medicare payment reductions on patient outcomes using a natural experiment - the Balance Budget Act (BBA) of 1997. We use predicted Medicare revenue changes due to BBA, with simulated BBA payment cuts as an instrument, to categorize hospitals by degrees of payment cuts (small, moderate, or large), and follow Medicare patient outcomes in these hospitals over a 11 year panel: 1995-1997 pre-BBA, 1998-2000 initial years of BBA, and 2001-2005 post-BBA years. We find that Medicare AMI mortality trends stay similar across hospitals when comparing between pre-BBA and initial-BBA periods. However, the trends began to diverge in 2001-2005: hospitals facing large payment cuts saw increased mortality rates relative to that of hospitals facing small cuts in the post-BBA period (2001-2005) after controlling for their pre-BBA trends. We find support that part of the higher AMI mortalities among large-cut hospitals are explained by reductions in staffing level and operating cost following the payment cuts.
530 _aHardcopy version available to institutional subscribers
538 _aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538 _aMode of access: World Wide Web.
588 0 _aPrint version record
690 7 _aI1 - Health
_2Journal of Economic Literature class.
700 1 _aShen, Yu-Chu.
_929514
710 2 _aNational Bureau of Economic Research.
830 0 _aWorking Paper Series (National Bureau of Economic Research)
_vno. w16859.
856 4 0 _uhttps://www.nber.org/papers/w16859
856 _yAcceso en lĂ­nea al DOI
_uhttp://dx.doi.org/10.3386/w16859
942 _2ddc
_cW-PAPER
999 _c331264
_d289826