Direct and Spillover Effects of Quality Disclosure Regulation: Evidence from California Hospitals

References

• Akerlof GA (1970) The market for “lemons”: Quality uncertainty and the market mechanism. Quarterly J. of Econ. 84(3):488–500.Google Scholar
• Allard M, Jelovac I, Leger PT (2011) Treatment and referral decisions under different physician payment mechanisms. J. Health Econom. 30(5):880–893.Crossref, Google Scholar
• Argote L (2012) Organizational Learning: Creating, Retaining and Transferring Knowledge (Springer Science & Business Media, Boston).Google Scholar
• Arya A, Mittendorf B, Ramanan RN (2017) Synergy between accounting disclosures and forward-looking information in stock prices. Accounting Rev. 92(2):1–17.Crossref, Google Scholar
• Balakrishnan K, Billings MB, Kelly B, Ljungqvist A (2014) Shaping liquidity: On the causal effects of voluntary disclosure. J. Finance 69(5):2237–2278.Crossref, Google Scholar
• Carey JS, Danielsen B, Junod FL, Rossiter SJ, Stabile BE (2006) The California Cardiac Surgery and Intervention Project: Evolution of a public reporting program. Amer. Surgery 72(10):978–983.Crossref, Google Scholar
• Chalkley M, Malcomson JM (1998) Contracting for health services when patient demand does not reflect quality. J. Health Econom. 17(1):1–19.Crossref, Google Scholar
• Chandra A, Skinner J (2012) Technology growth and expenditure growth in healthcare. J. Econom. Literature 50(3):645–680.Crossref, Google Scholar
• Chassin MR (2002) Achieving and sustaining improved quality: Lessons from New York State and cardiac surgery. Health Affairs (Millwood) 21(4):40–51.Crossref, Google Scholar
• Chen Y, Meinecke J (2012) Do healthcare report cards cause providers to select patients and raise quality of care? Health Econom. 21:33–55.Crossref, Google Scholar
• Choné P, Ma CA (2011) Optimal healthcare contract under physician agency. Ann. Econom. Statist. Économ. Statist. 101/102:229–256.Crossref, Google Scholar
• Chou SY, Deily ME, Li S, Lu Y (2014) Competition and the impact of online hospital report cards. J. Health Econom. 34:42–58.Crossref, Google Scholar
• Clark JR, Huckman RS (2012) Broadening focus: Spillovers, complementarities, and specialization in the hospital industry. Management Sci. 58(4):708–722.Link, Google Scholar
• Clement JP, Bazzoli GJ, Zhao M (2012) Nursing home price and quality responses to publicly reported quality information. Health Services Res. 47(1pt1):86–105.Crossref, Google Scholar
• Cockburn I, Henderson R (1996) Public–private interaction in pharmaceutical research. Proc. National Acad. Sci. USA 93(23):12725–12730.Crossref, Google Scholar
• Cutler DM, Huckman RS, Landrum MB (2004) The role of information in medical markets: An analysis of publicly reported outcomes in cardiac surgery. Amer. Econom. Rev. 94(2):342–346.Crossref, Google Scholar
• Dandel M, Hetzer R (2018) Recovery of failing hearts by mechanical unloading: Pathophysiologic insights and clinical relevance. Amer. Heart J. 206:30–50.Crossref, Google Scholar
• Davies SM, Geppert J, McClellan M, McDonald KM, Romano PS, Shojania KG (2010) Refinement of the HCUP Quality Indicators (Agency for Healthcare Research and Quality, Rockville, MD).Google Scholar
• Dranove D, Jin GZ (2010) Quality disclosure and certification: Theory and practice. J. Econom. Literature 48(4):935–963.Crossref, Google Scholar
• Dranove D, Satterthwaite MA (1992) Monopolistic competition when price and quality are imperfectly observable. RAND J. Econom. 23(4):518–534.Crossref, Google Scholar
• Dranove D, Sfekas A (2008) Start spreading the news: A structural estimate of the effects of New York hospital report cards. J. Health Econom. 27(5):1201–1207.Crossref, Google Scholar
• Dranove D, Kessler D, McClellan M, Satterthwaite M (2003) Is more information better? The effects of “report cards” on healthcare providers. J. Political Econom. 111(3):555–588.Crossref, Google Scholar
• Elixhauser A, Steiner C, Harris DR, Coffey RM (1998) Comorbidity measures for use with administrative data. Medical Care 36(1):8–27.Crossref, Google Scholar
• Ellis RP, McGuire TG (1986) Provider behavior under prospective reimbursement: Cost sharing and supply. J. Health Econom. 5(2):129–151.Crossref, Google Scholar
• Evans JH III, Hwang Y III, Nagarajan N III, Shastri K III (1997) Involuntary benchmarking and quality improvement: The effect of mandated public disclosure on hospitals. J. Accounting Auditing Finance 12(3):315–346.Crossref, Google Scholar
• Fehr E, Schmidt KM (2006) The economics of fairness, reciprocity and altruism–experimental evidence and new theories. Handbook Econom. Giving Altruism Reciprocity 1:615–691.Crossref, Google Scholar
• Feldman MS, Pentland BT (2003) Reconceptualizing organizational routines as a source of flexibility and change. Admin. Sci. Quart. 48(1):94–118.Crossref, Google Scholar
• Feldstein PJ (2012) Healthcare Economics (Cengage Learning, Boston).Google Scholar
• Freeman M, Savva N, Scholtes S (2021) Economies of scale and scope in hospitals: An empirical study of volume spillovers. Management Sci. 67(2):673–697.Link, Google Scholar
• Gaynor MS, Kleiner SA, Vogt WB (2015) Analysis of hospital production: An output index approach. J. Appl. Econometrics 30(3):398–421.Crossref, Google Scholar
• Ghosh B, Galbreth MR (2013) The impact of consumer attentiveness and search costs on firm quality disclosure: A competitive analysis. Management Sci. 59(11):2604–2621.Link, Google Scholar
• Gow ID, Larcker DF, Reiss PC (2016) Causal inference in accounting research. J. Accounting Res. 54(2):477–523.Crossref, Google Scholar
• Grabowski DC, Town RJ (2011) Does information matter? Competition, quality, and the impact of nursing home report cards. Health Services Res. 46(6pt1):1698–1719.Crossref, Google Scholar
• Gupta A, Fonarow GC (2018) The Hospital Readmissions Reduction Program—Learning from failure of a healthcare policy. Eur. J. Heart Failure 20(8):1169–1174.Crossref, Google Scholar
• Hannan EL, Sarrazin MSV, Doran DR, Rosenthal GE (2003) Provider profiling and quality improvement efforts in coronary artery bypass graft surgery: The effect on short-term mortality among Medicare beneficiaries. Medical Care 41(10):1164–1172.Crossref, Google Scholar
• Hansen CB (2007) Generalized least squares inference in panel and multilevel models with serial correlation and fixed effects. J. Econometrics 140(2):670–694.Crossref, Google Scholar
• Harsanyi JC (1955) Cardinal welfare, individualistic ethics, and interpersonal comparisons of utility. J. Political Econom. 63(4):309–321.Crossref, Google Scholar
• Hill CW, Hoskisson RE (1987) Strategy and structure in the multiproduct firm. Acad. Management Rev. 12(2):331–341.Crossref, Google Scholar
• Hollenbeak CS, Gorton CP, Tabak YP, Jones JL, Milstein A, Johannes RS (2008) Reductions in mortality associated with intensive public reporting of hospital outcomes. Amer. J. Medical Quality 23(4):279–286.Crossref, Google Scholar
• Holmstrom B, Milgrom P (1991) Multitask principal-agent analyses: Incentive contracts, asset ownership, and job design. JL Econom. Org. 7:24.Crossref, Google Scholar
• Hyman DA (2001) Healthcare fraud and abuse: Market change, social norms, and the trust “reposed in the workmen.” J. Legal Stud. 30(S2):531–567.Crossref, Google Scholar
• Joynt KE, Orav EJ, Zheng J, Jha AK (2016) Public reporting of mortality rates for hospitalized Medicare patients and trends in mortality for reported conditions. Ann. Internal Medicine 165(3):153–160.Crossref, Google Scholar
• Joynt KE, Blumenthal DM, Orav EJ, Resnic FS, Jha AK (2012) Association of public reporting for percutaneous coronary intervention with utilization and outcomes among Medicare beneficiaries with acute myocardial infarction. JAMA 308(14):1460–1468.Crossref, Google Scholar
• Kinsman L, Rotter T, James E, Snow P, Willis J (2010) What is a clinical pathway? Development of a definition to inform the debate. BMC Medicine 8(1):1–3.Crossref, Google Scholar
• Kolstad JT (2013) Information and quality when motivation is intrinsic: Evidence from surgeon report cards. Amer. Econom. Rev. 103(7):2875–2910.Crossref, Google Scholar
• Lamb GC, Smith MA, Weeks WB, Queram C (2013) Publicly reported quality-of-care measures influenced Wisconsin physician groups to improve performance. Health Affairs (Millwood) 32(3):536–543.Crossref, Google Scholar
• Lazar EJ, Fleischut P, Regan BK (2013) Quality measurement in healthcare. Annu. Rev. Medicine 64:485–496.Crossref, Google Scholar
• Li Z, Carlisle DM, Marcin JP, Castellanos LR, Romano PS, Young JN, Amsterdam EA (2010) Impact of public reporting on access to coronary artery bypass surgery: The California Outcomes Reporting Program. Ann. Thoracic Surgery 89(4):1131–1138.Crossref, Google Scholar
• Lindenauer PK, Remus D, Roman S, Rothberg MB, Benjamin EM, Ma A, Bratzler DW (2007) Public reporting and pay for performance in hospital quality improvement. New England J. Medicine 356(5):486–496.Crossref, Google Scholar
• Lu FS (2012) Multitasking, information disclosure, and product quality: Evidence from nursing homes. J. Econom. Management Strategy 21(3):673–705.Crossref, Google Scholar
• Markopoulos PM, Hosanagar K (2018) A model of product design and information disclosure investments. Management Sci. 64(2):739–759.Link, Google Scholar
• Marshall MN, Shekelle PG, Leatherman S, Brook RH (2000) Public disclosure of performance data: Learning from the US experience. BMJ Quality Safety 9(1):53–57.Google Scholar
• McGuire TG (2000) Physician agency. Handbook of Health Economics (Elsevier, New York), 461–536.Google Scholar
• Office of Statewide Health Planning and Development, Healthcare Outcome Center (2008) Implementation of AHRQ inpatient mortality quality indicators. Technical note. Sacramento, CA.Google Scholar
• Panzar JC, Willig RD (1977) Economies of scale in multi-output production. Quart. J. Econom. 91(3):481–493.Crossref, Google Scholar
• Panzar JC, Willig RD (1981) Economies of scope. Amer. Econom. Rev. 71(2):268–272.Google Scholar
• Pauly M (1980) Physicians as Agents (University of Chicago Press, Chicago).Google Scholar
• Rainwater JA, Romano PS, Antonius DM (1998) The California hospital outcomes project: How useful is California’s report card for quality improvement? Joint Committee J. Quality Improvement 24(1):31–39.Crossref, Google Scholar
• Romano PS, Marcin JP, Dai JJ, Yang XD, Kravitz RL, Rocke DM, Dharmar M, et al. (2011) Impact of public reporting of coronary artery bypass graft surgery performance data on market share, mortality, and patient selection. Medical Care 94(12):1118–1125.Crossref, Google Scholar
• Ryan AM, Nallamothu BK, Dimick JB (2012) Medicare’s public reporting initiative on hospital quality had modest or no impact on mortality from three key conditions. Health Affairs (Millwood) 31(3):585–592.Crossref, Google Scholar
• Schilling MA, Vidal P, Ployhart RE, Marangoni A (2003) Learning by doing something else: Variation, relatedness, and the learning curve. Management Sci. 49(1):39–56.Link, Google Scholar
• Segal U, Sobel J (2007) Tit for tat: Foundations of preferences for reciprocity in strategic settings. J. Econom. Theory 136(1):197–216.Crossref, Google Scholar
• Silber JH, Rosenbaum PR, McHugh MD, Ludwig JM, Smith HL, Niknam BA, Even-Shoshan O, Fleisher LA, Kelz RR, Aiken LH (2016) Comparison of the value of nursing work environments in hospitals across different levels of patient risk. JAMA Surgery 151(6):527–536.Google Scholar
• Shahian DM, Torchiana DF, Engelman DT, Sundt TM III, D’Agostino RS, Lovett AF, Cioffi MJ, et al. (2019) Mandatory public reporting of cardiac surgery outcomes: The 2003 to 2014 Massachusetts experience. J. Thoracic Cardiovascular Surgery 158(1):110–124.Crossref, Google Scholar
• Teece DJ (1980) Economies of scope and the scope of the enterprise. J. Econom. Behav. Organ. 1(3):223–247.Crossref, Google Scholar
• Totten A, Wagner J, Tiwari A, O’Haire C, Griffin J, Walker M (2012) Public reporting as a quality improvement strategy. closing the quality gap: Revisiting the state of the science. Evid. ReportTechnology Assess. (Oregon Evidence-based Practice Center, Portland, OR), 208.Google Scholar
• Veinot TC, Bosk EA, Unnikrishnan K, Iwashyna TJ (2012) Revenue, relationships and routines: The social organization of acute myocardial infarction patient transfers in the United States. Soc. Sci. Medicine 75(10):1800–1810.Crossref, Google Scholar
• Wang J, Hockenberry J, Chou SY, Yang M (2011) Do bad report cards have consequences? Impacts of publicly reported provider quality information on the CABG market in Pennsylvania. J. Health Econom. 30(2):392–407.Crossref, Google Scholar
• Werner RM, Asch DA (2005) The unintended consequences of publicly reporting quality information. JAMA 293(10):1239–1244.Crossref, Google Scholar
• Werner RM, Bradlow ET (2010) Public reporting on hospital process improvements is linked to better patient outcomes. Health Affairs (Millwood) 29(7):1319–1324.Crossref, Google Scholar
• Werner RM, Konetzka RT, Stuart EA, Norton EC, Polsky D, Park J (2009) Impact of public reporting on quality of postacute care. Health Services Res. 44(4):1169–1187.Crossref, Google Scholar
• Zahra SA, George G (2002) Absorptive capacity: A review, reconceptualization, and extension. Acad. Management Rev. 27(2):185–203.Crossref, Google Scholar
• Zollo M, Winter SG (2002) Deliberate learning and the evolution of dynamic capabilities. Organ. Sci. 13(3):339–351.Link, Google Scholar