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. Author manuscript; available in PMC: 2018 Sep 22.
Published in final edited form as: J Health Econ. 2018 Feb 7;61:244–258. doi: 10.1016/j.jhealeco.2018.01.005

Table 6.

Effects of being treated in an integrated hospital-PAC pair vs. a non-integrated pair on Medicare payment in the first 60 days following hospital admission.

SNF
HHA
Total payment Hospital payment PAC payment Total payment Hospital payment PAC payment
Vertical integration 2423.5***
(4.52)		 149.6
(0.57)		 2273.9***
(5.16)		 −303.2**
(−2.35)		 −261.5**
(−2.03)		 −41.67
(−0.94)
N of discharges 2,651,748 2,651,748 2,651,748 1,318,577 1,318,577 1,318,577
N of provider pairs 87,440 87,440 87,440 56,093 56,093 56,093
Informal integration −204.4
(−1.23)		 −326.3***
(−3.53)		 121.8
(0.86)		 32.4
(0.54)		 47.1
(0.92)		 −14.71
(−0.63)
N of discharges 2,651,748 2,651,748 2,651,748 1,318,577 1,318,577 1,318,577
N of provider pairs 87,440 87,440 87,440 56,093 56,093 56,093

Note: Regression includes all the covariates reported in Table 3, a full set of DRG controls, hospital-PAC-pair fixed effects, and year fixed effects.

Robust t-statistics in parentheses.

*

p < .10,

**

p < .05,

***

p < .01.