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Author: | Deneffe, D. Masson, R.T. |
Title: | What do not-for-profit hospitals maximize? |
Journal: | International Journal of Industrial Organization
2002 : APR.VOL. 20:4, p. 461-492 |
Index terms: | HEALTH SERVICE HOSPITAL MANAGEMENT NON-PROFIT ORGANIZATIONS PROFIT |
Language: | eng |
Abstract: | Massive structural change is occurring in health care provision in the US, significantly reducing the number of not-for-profit suppliers. The theory of not-for-profit hospitals suggests buyers may prefer dealing with sellers who are not acting out of avarice. Yet, this theory does not imply the absence of rent seeking motives. The authors formulate a test of not-for-profit hospitals' goals and apply it to hospitals in Virginia. |
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