How health care providers get paid has implications for the delivery of care and cost control; the topic is especially important during an economic downturn with persistent growth in health spending. Adding "warranties" to care is an innovation that transfers risk to providers, because payment includes allowances for defects. How do such warranties affect patient care and bottom lines? We exami...

Unlike accounting earnings, economic profit (EVA) is a measure of a company's true earnings because it fully "accounts" for the costs of all forms of financing, including debt and equity. In the EVA view, a company is not truly profitable unless it earns a return on capital that bests the opportunity cost of capital. That being said, the question addressed here is how to measure the economic pr...

Source: Succeeding in Hospital & Health Systems M&A: Why So Many Deals Have Failed, and How to Succeed in the Future, Booz & Company, March 20, 2013 Mergers and acquisitions (M&A) among hospitals and healthcare organizations have been on the rise for several years now. Deals between hospitals, physician medical groups, long-term care facilities, and home health providers abound, with activity l...

The trend towards dynamic on-demand service provisioning requires the collaboration of a high number of specialized service providers. One challenge of service composition with numerous service providers is the rising uncertainty of service delivery, which depends inter alia on the providers’ effort. Penalties for defecting from agreed service level objectives serve to reduce the uncertainty of...

BACKGROUND The bottom of the pyramid concept suggests that profit can be made in providing goods and services to poor people, when high volume is combined with low margins. To-date there has been very limited empirical evidence from the health sector concerning the scope and potential for such bottom of the pyramid models. This paper analyzes private for-profit (PFP) providers currently offerin...

An extensive literature is devoted to differences between for-profit and non-profit health-care providers' prices, utilization, and quality. Less is known about for-profit and non-profit managers' compensation and its relationship with financial and quality performance. The aim of this study is to examine whether for-profit and non-profit nursing homes place differential weights on financial an...

Abstract The provision of public services by for-profit and non-profit organizations is widespread in OECD countries, but the jury still out on whether outsourcing has improved service quality. This article seeks to nuance existing debate bringing fore variation quality between different types non-public providers. Building theories dimensional publicness incomplete contracts, we argue that for...

Korean long-term care was introduced as a national system aimed at rapid transformation from informal to universal formal based on choice and competition. However, it failed satisfy the prerequisites for such market model, which resulted in various equity problems. In order tackle these problems, government superimposed regulatory framework market. situation where providers concentrate profit m...

Introduction Should faith-based organizations delivering social services be held to the same standards of accountability as other government and non-profit providers in measuring their effectiveness? Believing the answer to this question is yes, Volunteers of America, one of the country's largest faith-based social service providers, recently embarked on an ambitious effort to collect outcome d...