[PEN-L:9524] Re: Re: Re: Shades of Summers

[Eugene Coyle <eugenecoyle@xxxxxxx>]

There are good studies in electric power that show that ownership does
matter.  The municipally-owned systems deliver at a lower cost than the
investor-owned, after controlling for all the things the Investor-owned
throw out to refute this.

Gene Coyle

Jim Devine wrote:

> Max wrote:
> >The problem remains, however, that under a non-profit
> >system, public agencies, non-profit organizations, and
> >health care providers of various sorts could still
> >have incentives to over- or mis-prescribe, since
> >their compensation or general well-being is likely
> >to have something to do with their volume, and/or
> >the extent to which they employ expensive equipment.
> >
> >Which again points up the superficiality or limited
> >import of ownership per se in how economic stuff happens.
>
> what about the recent study (reported in the LAT) that indicates that
> not-for-profit HMOs do a much better job than for-profit ones?
>
> (one down, one to go.)
>
> Jim Devine jdevine@xxxxxxxxxxxxxxx &
> http://clawww.lmu.edu/Faculty/JDevine/jdevine.html