Table 3.
Effects of Varying Competition on Costs and Outcomes
| Hip fracture patients, 2002–2003 | |||||
| Percentile of competition (%) | 10 | 25 | 50 | 75 | 90 |
| Competition value | 0.863 | 0.907 | 0.949 | 0.976 | 0.986 |
| Estimated costs | $10,918.19 | $11,058.05 | $11,188.64 | $11,274.83 | $11,306.92 |
| Estimated rate of death/institutionalization at 60 days (%) | 16.95 | 17.69 | 18.38 | 18.84 | 19.01 |
| Estimated rate of death/institutionalization at 120 days (%) | 22.31 | 23.48 | 24.56 | 25.28 | 25.55 |
| Estimated rate of death/institutionalization at 180 days (%) | 18.98 | 19.81 | 20.58 | 21.09 | 21.28 |
| Stroke patients, 2002–2003 | |||||
| Percentile of competition (%) | 10 | 25 | 50 | 75 | 90 |
| Competition value | 0.798 | 0.867 | 0.928 | 0.967 | 0.981 |
| Estimated costs | $15,236.66 | $14,795.52 | $14,404.87 | $14,155.34 | $14,068.17 |
| Estimated rate of death/institutionalization at 60 days (%) | 23.21 | 24.23 | 25.14 | 25.72 | 25.92 |
| Estimated rate of death/institutionalization at 120 days (%) | 30.80 | 31.91 | 32.88 | 33.50 | 33.72 |
| Estimated rate of death/institutionalization at 180 days (%) | 25.68 | 26.81 | 27.82 | 28.46 | 28.69 |
Note. Coefficient on death/institutionalization is a marginal effect.