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Health Value Added of Healthcare Entities

Author

Listed:
  • Ejsmont Wiktor

    (University of Wrocław,Wrocław, Poland)

  • Łyko Janusz

    (Wroclaw University of Economics and Business,Wrocław, Poland)

Abstract

The paper deals with an evaluation of the quality of services provided by healthcare organizations. First, an index representing a patient’s health condition is described, then its changes before and after being treated by a given entity are employed as a criterion to assess the operations of this entity. The index of a patient’s health condition is based on the theory of survival analysis, while a model of random effects is used to determine the quality of services based on health value added.

Suggested Citation

  • Ejsmont Wiktor & Łyko Janusz, 2020. "Health Value Added of Healthcare Entities," Econometrics. Advances in Applied Data Analysis, Sciendo, vol. 24(3), pages 51-58, September.
    • Handle: RePEc:vrs:eaiada:v:24:y:2020:i:3:p:51-58:n:4
    DOI: 10.15611/eada.2020.3.04
    as

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    References listed on IDEAS

    as
    1. John Geweke & Gautam Gowrisankaran & Robert J. Town, 2003. "Bayesian Inference for Hospital Quality in a Selection Model," Econometrica, Econometric Society, vol. 71(4), pages 1215-1238, July.
    2. Wansbeek, Tom & Kapteyn, Arie, 1982. "A Class of Decompositions of the Variance-Covariance Matrix of a Generalized Error Components Model," Econometrica, Econometric Society, vol. 50(3), pages 713-724, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    effectiveness; health value added; analysis of panel data; measurement of health;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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