Track 1 EXCEL: If you have chosen to work with Excel, please run the above three models and complete the following tables.

Model 1:

Run a linear model and predict the difference between hospital beds (use the bed-tot) and hospital net-benefit in teaching hospitals.

Hospital Characteristics Coef. ST. ERR T Stat P-values Lower 95% Upper 95%
Model-1
Hospital beds            
Teaching Hospitals            
R Square            

 

Model 2:

Run a linear model and predict the difference between hospital beds (use the bed-tot) and hospital net-benefit in non-teaching hospitals.

Use the results from model 1 and model 2 and compare the results between teaching and non-teaching hospitals.

Hospital Characteristics Coef. ST. ERR T Stat P-values Lower 95% Upper 95%
Model-2
Hospital beds            
Teaching Hospitals            
R Square            

 

Model 3:

Include the ratio of Medicare-discharge and ratio of Medicaid-discharge. How do you evaluate the impact of having higher Medicare and Medicaid patients on hospital net-benefit in teaching hospitals?

Hospital Characteristics Coef. ST. ERR T Stat P-values Lower 95% Upper 95%
Model-3
Hospital beds            
Teaching Hospitals            
Ratio-Medicare-discharge            
Ratio-Medicaid-discharge            
R Square            

 

Model 4:

Include the ratio of Medicare-discharge and Medicaid-discharge in the first model. How do you evaluate the impact of having higher Medicare and Medicaid patients on hospital net-benefit in non-teaching hospitals?

 

Hospital Characteristics Coef. ST. ERR T Stat P-values Lower 95% Upper 95%
Model-4
Hospital beds            
Teaching Hospitals            
ratio-Medicare-discharges            
ratio-Medicaid-discharges            
R Square            

 

Based on your finding please recommend 3 policies to improve hospital performance. Please make sure to use the final model for your recommendation.

 

 

 

 


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