Table 2.
Free care | Discounted care | |||
---|---|---|---|---|
Offers | FPL Limit | Offers | FPL Limit | |
Panel A: New participants compared to all other hospitals (N = 7050) | ||||
Estimate | 0.001 | 1.600 | 0.039 | 16.974 |
SE | [0.009] | [2.783] | [0.015] | [5.602] |
P‐value | .911 | .566 | .010 | .002 |
Panel B: New participants compared to nonparticipant hospitals (N = 4440) | ||||
Estimate | 0.007 | 3.618 | 0.043 | 18.890 |
SE | [0.010] | [2.535] | [0.016] | [5.616] |
P‐value | .499 | .154 | .007 | .001 |
Panel C: New participants compared to not‐yet participant hospitals (N = 1545) | ||||
Estimate | 0.008 | 2.901 | 0.040 | 16.497 |
SE | [0.014] | [3.641] | [0.019] | [7.674] |
P‐value | .546 | .426 | .035 | .032 |
The table presents estimates from a difference‐in‐differences model as specified in Equation 1. The data come from facility‐level reports from Schedule H, 990 Data. “Offers free care” is defined as offering free care as part of a charity care policy. “Offers discounted care” is defined as offering discounted care, distinct from prompt pay discounts, as part of a charity care policy. Free and discounted FPL thresholds are the maximum federal poverty levels at which individuals may receive charity care under written charity care policies. Panel A compares hospitals that begin participating in 340B between 2012 and 2015 to all other hospitals. Panel B compares hospitals that begin participating in 340B between 2012 and 2015 to a group of reweighted nonparticipating hospitals using average treatment on the treated propensity scores. Panel C uses not‐yet participating hospitals that begin participating in 340B between 2012 and 2015 to those that are currently not participating but participate eventually after 2015 when our sample ends. All estimates were generated using ordinary least squares. Cluster‐robust standard errors are presented below each estimate and are displayed below in brackets. Panels A and B include hospital and state‐year fixed effects. Panel C includes only hospital and year fixed effects.