Table 4.
Allocation across Conditions
| Measure \ Condition | (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) |
|---|---|---|---|---|---|---|---|---|
| Static Allocation |
Dynamic Allocation |
|||||||
| AMI | HF | Pneu | Hip/Knee | AMI | HF | Pneu | Hip/Knee | |
|
Risk-Adjusted Survival
| ||||||||
| Coef on Survival Rate | 17.496 (0.995) |
15.360 (1.320) |
5.140 (0.777) |
1.533 (0.379) |
0.774 (0.501) |
1.220 (0.354) |
||
| Hospitals | 2,890 | 4,023 | 4,325 | 2,890 | 4,023 | 4,325 | ||
|
Risk-Adjusted Readmission
| ||||||||
| Coef on Readmission Rate | −9.162 (1.621) |
−10.346 (1.782) |
0.499 (1.575) |
−21.037 (2.027) |
−1.428 (0.611) |
−2.300 (0.651) |
−1.138 (0.679) |
−1.112 (0.836) |
| Hospitals | 2,322 | 3,904 | 4,264 | 2,632 | 2,322 | 3,904 | 4,264 | 2,632 |
|
Process of Care Z-Score
| ||||||||
| Coef on Process Z-Score | 0.319 (0.026) |
0.332 (0.016) |
0.211 (0.015) |
0.048 (0.010) |
0.043 (0.009) |
0.026 (0.009) |
||
| Hospitals | 2,398 | 3,666 | 3,920 | 2,398 | 3,666 | 3,920 | ||
|
Patient Survey Z-Score
| ||||||||
| Coef on Survey Z-Score | −0.321 (0.052) |
−0.252 (0.038) |
−0.210 (0.030) |
0.057 (0.051) |
−0.065 (0.015) |
−0.003 (0.011) |
0.007 (0.011) |
0.037 (0.022) |
| Hospitals | 3,498 | 3,598 | 3,610 | 3,061 | 3,498 | 3,598 | 3,610 | 3,061 |
The static allocation results are estimated using equation (1), a hospital-level regression of log-patients in 2008 on market fixed effects and the quality measure named in the row. The dynamic allocation results are estimated using equation (2), which is an identical regression except for the dependent variable, which is now growth in patients from 2008 to 2010. Growth is defined as in equation (3). Standard errors are bootstrapped with 300 replications and are clustered at the market level. Risk-adjusted survival and readmission are reported in percentage points (e.g. a value of 0.1 is 10 percentage points); process of care and patient survey metrics are reported in standard deviation units (e.g. a value of 1 is 1 standard deviation).