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OverviewThis text provides an overview of the theoretical developments in the economic analysis of production and costs in the multiproduct firm, and discusses these developments. Following an explanation of the concepts of jointness, input/output separability and returns to scale, a discussion of the concept measurement and classification of hospital output is provided. A fundamental dilemma confronting economists interested in estimating hospital cost functions is highlighted, viz. the trade-off between flexibility in functional form and homogeneity within hospital output categories. Empirical results on the effects of case mix, scale and utilization, public/private ownership, and the centralized administration of hospital systems on hospital costs are presented. The implications of hospital cost analysis for public policy with respect to hospital payment schemes, including schemes based on Diagnosis Related Groups (DRGs), are also considered. This book brings together the literature on hospital cost analysis with theoretical developments in the analysis of the multiproduct cost functions. It should be of considerable interest to teachers and students of health economics and health-policy advisers interested in the determinants of hospital costs and the design of hospital payment schemes. Full Product DetailsAuthor: J. R. ButlerPublisher: Springer Imprint: Springer Volume: 3 Dimensions: Width: 15.50cm , Height: 2.30cm , Length: 23.50cm Weight: 0.793kg ISBN: 9780792332473ISBN 10: 0792332474 Pages: 393 Publication Date: 31 January 1995 Audience: College/higher education , Professional and scholarly , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: Out of stock The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available. Table of Contents1. Introduction.- A — Theoretical Considerations.- 2. The Economic Theory of Production and Cost in the Multiproduct Firm.- 3. The Concept, Measurement and Classification of Hospital Output.- B — Empirical Results.- 4. The Queensland Public Hospital System—An Overview.- 5. The Effect of Case Mix on Hospital Costs—Evidence from Queensland.- 6. The Effects of Scale, Utilisation and Input Prices on Hospital Costs—Evidence from Queensland.- 7. A Comparison of the Costs of Teaching and Non-Teaching Public Hospitals in Queensland.- 8. A Comparison of Public and Private Hospital Costs in Queensland.- 9. A Comparison of Public Hospital Costs in Queensland and New South Wales.- C — Hospital Cost Analysis and Hospital Payment Schemes.- 10. A Hospital Performance Appraisal and Payment Scheme based on Estimated Cost Functions.- 11. The DRG Hospital Payment Scheme: Some Economic Aspects.- 12. Conclusions.- References.- Index of Names.- Index of Subjects.ReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |