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. Author manuscript; available in PMC: 2018 Jul 1.
Published in final edited form as: J Health Econ. 2017 Mar 22;54:25–39. doi: 10.1016/j.jhealeco.2017.03.005

Table 1.

Sample Characteristics and Balance

Standardized Difference
Mean Standard Deviation 1(Instrument > Median)
Age 81.614 7.596 −0.029
Male 0.376 0.484 −0.002
Race: Black 0.073 0.264 0.017
Race: Other 0.031 0.174 0.006
Hypertension 0.409 0.490 −0.028
Stroke 0.068 0.253 0.004
Cerebrovascular Disease 0.101 0.300 −0.004
Renal Failure Disease 0.155 0.353 −0.053
Dialysis 0.015 0.122 −0.001
COPD 0.212 0.408 −0.008
Pneumonia 0.191 0.391 −0.015
Diabetes 0.196 0.396 −0.009
Protein Calorie Malnutrition 0.070 0.252 −0.014
Dementia 0.176 0.381 0.000
Paralysis 0.085 0.278 −0.002
Peripheral Vascular Disease 0.131 0.336 −0.010
Metastatic Cancer 0.034 0.181 0.000
Trauma 0.137 0.342 −0.012
Substance Abuse 0.067 0.247 −0.014
Major Psych. Disorder 0.056 0.229 −0.004
Chronic Liver Disease 0.010 0.097 0.000
Ambulance: Miles Traveled with Patient 7.051 8.216 0.006
Ambulance: Advanced Life Support 0.688 0.467 −0.041
Ambulance: Emergency Transport 0.912 0.293 −0.048
Ambulance: Outpatient File 0.072 0.242 −0.074
Ambulance: Payment 340.510 192.316     −0.108

Notes: N=1,575,273. Balance statistics report the standardized difference based on the difference in the mean of the covariate when the instrument is above versus below its median value computed from a regression model that controls for year and ZIP code × patient origin fixed effects, divided by the pooled standard deviation. Average age reported here, however in all regression models age controls are included as dummy variables for 5 year age bins starting at age 66.

Source: 2002–2012 Medicare Part A and B Data