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. Author manuscript; available in PMC: 2018 Feb 1.
Published in final edited form as: Health Aff (Millwood). 2017 Feb 1;36(2):346–354. doi: 10.1377/hlthaff.2016.0840

APPENDIX EXHIBIT A8.

Association between ACO participation (2012, 2013, or 2014) and Physician Group Size

(1)
VARIABLES TIN Size
ACOparticipant 61.31**
(19.77)
Post 7.93***
(1.62)
ACOparticipant*Post 11.40**
(3.65)
Observations 569,955
R-squared 0.43
MSA FE Yes
F Statistic 25.00

Robust standard errors in parentheses

***

p<0.001,

**

p<0.01,

*

p<0.05

SOURCE Authors’ analysis of data from the Centers for Medicare and Medicaid.

NOTES Within-market analyses clustered standard errors at the MSA-level. ACO is Accountable Care Organization. TIN is Tax Identification Number. MSA is Metropolitan Statistical Area.