Table 3.
Variable | Definition | N | Mean | Std. Dv. | 25th pct | Median | 75th pct |
---|---|---|---|---|---|---|---|
Compliance rating | 1 if compliant, 0 if otherwise | 3558 | 0.45 | 0.50 | 0 | 0 | 1 |
For profit | 1 if a for-profit hospital, 0 if otherwise | 3558 | 0.19 | 0.39 | 0 | 0 | 0 |
Government | 1 if a government hospital, 0 if otherwise | 3558 | 0.19 | 0.40 | 0 | 0 | 0 |
System | 1 if system-affiliated, 0 if otherwise | 3558 | 0.65 | 0.48 | 0 | 1 | 1 |
Non-urban | 1 if non-urban, 0 if otherwise | 3558 | 0.47 | 0.50 | 0 | 0 | 1 |
Teaching | 1 if teaching hospital, 0 if otherwise | 3558 | 0.30 | 0.46 | 0 | 0 | 1 |
Log (discharges) | Logarithm of # of discharges | 3558 | 7.77 | 1.85 | 6.43 | 8.12 | 9.28 |
Market share | System-adjusted market share on the HRR | 3558 | 0.19 | 0.23 | 0.02 | 0.09 | 0.28 |
IT preparedness | Health IT assets/total fixed assets | 3558 | 0.05 | 0.13 | 0 | 0 | 0.02 |
Profit margin | Overall net income/net patient revenue | 3558 | 0.05 | 0.14 | − 0.01 | 0.05 | 0.12 |
Charge markup | Charge/Medicare-allowable cost | 3558 | 4.17 | 2.63 | 2.30 | 3.64 | 5.25 |
Medicare % | Medicare discharge/total discharge | 3558 | 0.38 | 0.16 | 0.26 | 0.35 | 0.46 |
Medicaid % | Medicaid discharge/total discharge | 3558 | 0.08 | 0.09 | 0.02 | 0.04 | 0.11 |
Peer compliance* | Average compliance rating of other hospitals in the HRR | 3557 | 0.45 | 0.25 | 0.27 | 0.44 | 0.60 |
*One observation was lost for “Peer compliance” because one HRR (St. Joseph, MI) has only one hospital in the sample, and thus, no peer compliance was available