How do you evaluate the impact of having higher Medicare and Medicaid patients on hospital net-benefit in non-teaching hospitals?

Topic: Exercise 4

Exercise 4

If you have chosen to work with Excel, run the three linear regression models and complete the following tables using the dataset from week 1’s exercise.

Medicare and Medicaid Discharge Ratios: Medicare Discharges ÷ Total Hospital Discharges; Medicaid Discharges ÷ Total Hospital Discharges

Model 1:

Run a linear model to predict the impact of number of hospital beds (use bed-tot) on hospital net-benefit in teaching hospitals.

Hospital Characteristics Coef. ST. ERR T Stat P-values Lower 95% Upper 95%

Hospital beds

R Square

(Limit all results to 2 decimal places max)

Model 2:

Run a linear model to predict the impact of number of hospital beds (use bed-tot) on hospital net-benefit in non-teaching hospitals.

Hospital Characteristics Coef. ST. ERR T Stat P-values Lower 95% Upper 95%

Hospital beds

R Square

(Limit all results to 2 decimal places max)

Use the results from model 1 and model 2 and compare the results between teaching and non-teaching hospitals.

Model 3:

Now, include the Medicare and Medicaid discharge ratios in first model. How do you evaluate the impact of having higher Medicare and Medicaid patients on hospital net-benefit in teaching hospitals?

Hospital Characteristics Coef. ST. ERR T Stat P-values Lower 95% Upper 95%

Hospital beds

Medicare-discharge-ratio

Medicaid-discharge-ratio

R Square

(Limit all results to 2 decimal places max)

Model 4:

Now, include the Medicare and Medicaid discharge ratios in first model. How do you evaluate the impact of having higher Medicare and Medicaid patients on hospital net-benefit in non-teaching hospitals?

Hospital Characteristics Coef. ST. ERR T Stat P-values Lower 95% Upper 95%

Hospital beds

Medicare-discharge-ratio

Medicaid-discharge-ratio

R Square

(Limit all results to 2 decimal places max)

Based on your findings, recommend 3 policies to improve hospital performance. Make sure to use the final model for your recommendations.