The value of relationships in healthcare
成果类型:
Article
署名作者:
Sabety, Adrienne
署名单位:
Stanford University
刊物名称:
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN:
0047-2727
DOI:
10.1016/j.jpubeco.2023.104927
发表日期:
2023
关键词:
摘要:
Many interactions between buyers and sellers occur in the context of relationships. In healthcare markets, the patient-primary care physician (PCP) relationship is one common example. I provide evidence that patient-PCP relationships are valued by patients and are good for patients' health. In response to an exogenous loss of a longstanding PCP, adverse events increase: patient mortality increases by 4%, emergency department visits in-crease by 4%, and hospital admissions increase by 3%. Adverse events increase with the length of the exiting PCP-patient relationship, suggesting that relationships contain non-transferable information that positively im-pacts patients' health.
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