Ownership matters when it comes to what type of care facilities provide, the new study suggests.
Although all hospital types respond to relative profitability in deciding what services to offer, for-profits are more responsive than comparable nonprofits, while nonprofits are more responsive than comparable government hospitals after adjusting for hospital and market characteristics.
For-profits were 31.5% more likely to offer a profitable service on average than an unprofitable service. That’s compared to 27.3% for nonprofits and 22.2% for government-owned facilities, the study based on survey data from the American Hospital Association found.
