Table 2.
Implied Price Measure | Laspeyres Price Indices | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Sentinel Services | Market Basket | |||||||||
Office Visit | Brain MRI | Joint Replacement | Childbirth | Colectomy | Pneumonia Hospitalization | Narrow Basket | Broad Basket | |||
Implied price measure | 1 | 0.72 (<.0001) | 0.76 (<.0001) | 0.62 (<.0001) | 0.43 (<.0001) | 0.51 (<.0001) | 0.29 (<.0001) | 0.97 (<.0001) | 0.97 (<.0001) | |
Sentinel services | Office visit | 1 | 0.57 (<.0001) | 0.36 (<.0001) | 0.26 (<.0001) | 0.29 (0.01) | 0.09 (0.17) | 0.80 (0.0001) | 0.76 (0.0001) | |
Brain MRI | 1 | 0.35 (0.09) | 0.14 (0.04) | 0.26 0.0001 | 0.09 (0.18) | 0.81 (<.0001) | 0.82 (<.0001) | |||
Joint replacement | 1 | 0.31 (<.0001) | 0.45 (<.0001) | 0.29 (<.0001) | 0.53 (<.0001) | 0.51 (<.0001) | ||||
Childbirth | 1 | 0.42 (<.0001) | 0.41 (<.0001) | 0.35 (<.0001) | 0.33 (<.0001) | |||||
Colectomy | 1 | 0.28 (<.0001) | 0.43 (<.0001) | 0.41 (<.0001) | ||||||
Pneumonia hospitalization | 1 | 0.22 (<.0006) | 0.20 (<.0023) | |||||||
Market basket | Narrow basket | 1 | 0.99 (<.0001) | |||||||
Broad basket | 1 |