EXERCISE 4 HMGT 400
BYSTANDER
Exercise4QUESTION.docxExercise #4
Linear Regression Model
If you have chosen to work with RStudio, please run the following model and complete the following tables.
1st Model:
Run a linear model and predict the difference between hospital beds (use the bed-tot) and hospital’s ownership on hospital net-benefit? Discuss your finding, do you think having higher beds has positive impact on the hospital net benefit? What about the ownership?
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Model 1a |
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Hospital Characteristics |
Coef. |
St. Err |
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Hospital beds |
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Ownership |
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For Profit |
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Non-for profit |
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Other |
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N |
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R-Squared |
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2nd Model:
Now, estimate the impact of being a member of a system on hospital net benefit? And discuss your finding (nor more than 2 lines)? Is it significant?
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Model 2 |
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Hospital Characteristics |
Coef. |
St. Err |
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Hospital beds |
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Ownership |
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For Profit |
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Non-for profit |
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Other |
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Membership |
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System Membership |
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N |
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R-Squared |
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3nd Model:
Now, include the ratio of ratio-Medicare-discharge and ratio-Medicaid-discharge in your model? How do you evaluate the impact of having higher Medicare and Medicaid patients on hospital revenues?
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Model 3 |
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Hospital Characteristics |
Coef. |
St. Err |
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Hospital beds |
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Ownership |
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For Profit |
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Non-for profit |
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Other |
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Membership |
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System Membership |
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Socio-Economic Characteristics |
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Medicare discharge ratio |
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Medicaid discharge ratio |
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N |
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R-Squared |
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Based on your finding please recommend 3 policies to improve hospital performance, please make sure to use the final model for your recommendation.
Discuss your findings.
