The Asia Health Policy Program is part of the Walter H. Shorenstein Asia-Pacific Research Center
Elsevier, Vol. 110, page(s): 7-11
2011
Consistent with the property rights theory of ownership incorporating soft budget constraints (SBCs), we find that controlling for SBCs, for-profit hospitals drop safety-net services more often and exhibit higher mortality rates, suggesting aggressive cost control that damages non-contractible quality.