The convergence between for-profit and nonprofit hospitals in the United States

  title={The convergence between for-profit and nonprofit hospitals in the United States},
  author={Guy David},
  journal={International Journal of Health Care Finance and Economics},
This paper proposes a novel model of the hospital industry in the United States in which firms in effect choose their ownership type and the regulatory and tax regimes under which they must function. Accordingly, I develop a model in which firms have identical objectives but differ in their ability to benefit from a given ownership form. Changes in the economic environment alter firms’ incentives to maintain a given ownership type. This in turn induces firms to modify their capacity and… CONTINUE READING
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