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Physicians' Financial Incentives and Treatment Choices.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Physicians' Financial Incentives and Treatment Choices./
Author:	Liu, Yunjuan.
Description:	1 online resource (77 pages)
Notes:	Source: Dissertations Abstracts International, Volume: 83-11, Section: B.
Contained By:	Dissertations Abstracts International83-11B.
Subject:	Health care management. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=29068910click for full text (PQDT)
ISBN:	9798438768654

Physicians' Financial Incentives and Treatment Choices.
Liu, Yunjuan.

Physicians' Financial Incentives and Treatment Choices. - 1 online resource (77 pages)

Source: Dissertations Abstracts International, Volume: 83-11, Section: B.

Thesis (Ph.D.)--The University of North Carolina at Chapel Hill, 2022.

Includes bibliographical references

Physicians play an important role in the choices of treatments. The literature assumes thatphysicians receive no money (direct financial incentives) if they do not perform treatments. However,vertically integrated (VI) physicians may still care about the income of hospitals or otherphysicians associated with them (indirect financial incentives). I construct a joint discrete choicemodel of treatment under the Bayesian Myopic framework to incorporate physicians' direct andindirect financial incentives and patients' utility of the treatment. I apply a two-step MaximumLikelihood approach to estimate the model using Medicare claims data. I find that VI physicianscare about both direct and indirect financial incentives, and they care more about financial incentivesthan independent physicians. The counterfactual analysis shows that physician integration couldpotentially reduce utilization and spending. My work deepens the understanding of how financialincentives affect physicians' treatment choices. It also contributes to the evaluation of the impact ofphysician employment and Medicare payment schemes.iii.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2023

Mode of access: World Wide Web

ISBN: 9798438768654Subjects--Topical Terms:

2122906
Health care management.
Subjects--Index Terms:

Financial incentivesIndex Terms--Genre/Form:

542853
Electronic books.

Physicians' Financial Incentives and Treatment Choices.
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500 $a Source: Dissertations Abstracts International, Volume: 83-11, Section: B.
500 $a Advisor: Maini, Luca; McManus, Brian.
502 $a Thesis (Ph.D.)--The University of North Carolina at Chapel Hill, 2022.
504 $a Includes bibliographical references
520 $a Physicians play an important role in the choices of treatments. The literature assumes thatphysicians receive no money (direct financial incentives) if they do not perform treatments. However,vertically integrated (VI) physicians may still care about the income of hospitals or otherphysicians associated with them (indirect financial incentives). I construct a joint discrete choicemodel of treatment under the Bayesian Myopic framework to incorporate physicians' direct andindirect financial incentives and patients' utility of the treatment. I apply a two-step MaximumLikelihood approach to estimate the model using Medicare claims data. I find that VI physicianscare about both direct and indirect financial incentives, and they care more about financial incentivesthan independent physicians. The counterfactual analysis shows that physician integration couldpotentially reduce utilization and spending. My work deepens the understanding of how financialincentives affect physicians' treatment choices. It also contributes to the evaluation of the impact ofphysician employment and Medicare payment schemes.iii.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2023
538 $a Mode of access: World Wide Web
650 4 $a Health care management. $3 2122906
650 4 $a Medical personnel. $2 itrt. $3 774747
653 $a Financial incentives
653 $a Physician integration
653 $a Spending
653 $a Treatment choices
655 7 $a Electronic books. $2 lcsh $3 542853
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