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. Author manuscript; available in PMC: 2020 May 26.
Published in final edited form as: J Health Econ. 2019 May 24;66:208–221. doi: 10.1016/j.jhealeco.2019.05.008

Table 5.

First stage regression with star rating as categorical variable with ZIP code fixed effect model.

Log ofdistance to nearest SNF rating (1)Admission to 2 star SNF (2)Admission to 3 star SNF (3)Admission to 4 star SNF (4)Admission to 5 star SNF
1-star 0.0141***
(0.000699)		 0.00749***
(0.000707)		 0.00595***
(0.000780)		 0.00532***
(0.000643)
2-star −0.0753***
(0.00113)		 0.0234***
(0.000948)		 0.0166***
(0.000993)		 0.0104***
(0.000821)
3-star 0.0250***
(0.000919)		 −0.0884***
(0.00117)		 0.0293***
(0.00113)		 0.0186***
(0.000845)
4-star 0.0203***
(0.00108)		 0.0402***
(0.00133)		 −0.115***
(0.00171)		 0.0408***
(0.00129)
5-star 0.00857***
(0.000833)		 0.0184***
(0.000938)		 0.0352***
(0.00126)		 −0.0679***
(0.00120)
Observations 1,278,456 1,278,456 1,278,456 1,278,456
R-squared 0.164 0.156 0.170 0.211

Note: Robust standard errors clustering error by ZIP codes are in parentheses. Each column represent a separate regression. All regressions include patient characteristics listed in Table 2, month of SNF admission dummies and patient’s residential ZIP code fixed effects.

***

p < 0.01.