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Cover of: Not-for-Profit Hospitals and the Quality of Medical Care
Kazuhiko Mikami

Not-for-Profit Hospitals and the Quality of Medical Care

Section: Articles
Volume 169 (2013) / Issue 3, pp. 490-505 (16)
Published 09.07.2018
DOI 10.1628/093245613X13626680790487
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  • 10.1628/093245613X13626680790487
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Summary
It has been argued in the literature that limiting the profits of hospitals can be an effective method of maintaining the quality of medical care. The present paper examines this hypothesis using a simple formal model of the health-care market under asymmetric information. It is shown that, in some situations, the quality of medical care can be secured by imposing a limited-distribution constraint on hospitals.