ABSTRACT
To clarify and validate the factors that influence hospital profitability in the United States of America, we used a cross-sectional design to examine data for 1998. Several changes and government regulations introduced in the early 1990s influenced hospital performance. We included those variables to give a better understanding of the hospital payment system. Among the explanatory variables considered, geographic location, competition, hospital size and occupancy rate were identified as the main contributors to hospital profitability.
Subject(s)
Financial Management, Hospital/organization & administration , Income/statistics & numerical data , Bed Occupancy/statistics & numerical data , Cross-Sectional Studies , Diagnosis-Related Groups/statistics & numerical data , Economic Competition/statistics & numerical data , Facility Regulation and Control/organization & administration , Follow-Up Studies , Health Services Research , Hospital Bed Capacity/statistics & numerical data , Humans , Least-Squares Analysis , Length of Stay/statistics & numerical data , Linear Models , Models, Econometric , Organizational Affiliation/statistics & numerical data , Organizational Innovation , Ownership/statistics & numerical data , Personnel, Hospital/statistics & numerical data , Prospective Payment System/organization & administration , Residence Characteristics/statistics & numerical data , United StatesABSTRACT
To clarify and validate the factors that influence hospital profitability in the United States of America, we used a cross- sectional design to examine data for 1998. Several changes and government regulations introduced in the early 1990s influenced hospital performance. We included those variables to give a better understanding of the hospital payment system. Among the explanatory variables geographic location, competition, hospital size and occupancy rate were identified as the main considered, contributors to hospital profitability