Economic efficiency of hospital-replacing technologies

Non convex technologies and economic efficiency measure with imprecise data

Hospital closure and economic efficiency.

We present a new framework for assessing the effects of hospital closures on social welfare and the local economy. While patient welfare necessarily declines when patients lose access to a hospital, closures also tend to reduce costs. We study five hospital closures in two states and find that urban hospital bailouts reduce aggregate social welfare: on balance, the cost savings from closures mo...

Hospital Mergers and Economic Efficiency

Consolidation via merger both from hospital-to-hospital mergers and from hospital acquisitions of physician groups is changing the competitive landscape of the provision of health care delivery in the United States. This Article undertakes a legal and economic examination of a recent Ninth Circuit case examining the hospital acquisition of a physician group. This Article explores the Saint Alph...

Non-convex Technologies and Economic Efficiency Measures with Imprecise Data

———————————————————————————————Abstract The economic efficiency (EE) measure in non-convex technologies requires the data of input/output vectors and prices to be known deterministically. But as regards the data of the production process in many real-world applications, rather than dealing with crisp real numbers and crisp intervals, one has to deal with ”approximate” numbers or intervals of th...

non convex technologies and economic efficiency measure with imprecise data