VA Palo Alto and Stanford University
Health Economics Resource Center (HERC)
795 Willow Road (152 MPD)
Menlo Park, CA 94025
Institutional Affiliation: Stanford University
NBER Working Papers and Publications
|July 2008||Returns to Physician Human Capital: Analyzing Patients Randomized to Physician Teams|
with , : w14174
Patient sorting can confound estimates of the returns to physician human capital. This paper compares nearly 30,000 patients who were randomly assigned to clinical teams from one of two academic institutions. One institution is among the top medical schools in the country, while the other institution is ranked lower in the quality distribution. Patients treated by the two teams have identical observable characteristics and have access to a single set of facilities and ancillary staff. Those treated by physicians from the higher-ranked institution have 10-25% shorter and less expensive stays than patients assigned to the lower-ranked institution. Health outcomes are not related to the physician team assignment, and the estimates are precise. Procedure differences across the teams are ...
Published: Returns to Physician Human Capital: Evidence from Patients Randomized to Physician Teams (with Todd Wagner & Steven Ewer) Journal of Health Economics 29(6). December 2010: 866-882.
|March 2004||Consumer Demand for Health Information on the Internet|
with , , : w10386
The challenges consumers face in acquiring and using information are a defining feature of health care markets. In this paper, we examine demand for health information on the Internet. We find that individuals in poor health are more likely than those in better health to use the Internet to search for health information and to communicate with others about health and health care. We also find that individuals facing a higher price to obtain information from health care professionals are more likely to turn to the Internet for health information. Our findings indicate that demand for consumer health information depends on the expected benefits of information and the price of information substitutes.