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Discussion Paper Details
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Title: Optimal Healthcare Contracts: Theory and Empirical Evidence from Italy
Author(s): Paolo Berta, Gianni De Fraja and Stefano Verzillo
Publication Date: December 2018
Keyword(s): Cream skimming, Hospitals, Lombardy, Optimal healthcare contracts and Patients choice
Programme Area(s): Public Economics
Abstract: In this paper we investigate the nature of the contracts between a large health-care purchaser and health service providers in a prospective payment system. We model theoretically the interaction between patients choice and cream-skimming by hospitals. We test the model using a very large and detailed administrative dataset for the largest region in Italy. In line with our theoretical results, we show that the state funded purchaser offers providers a system of incentives such that the most efficient providers both treat more patients and also treat more difficult patients, thus receiving a higher average payment per treatment.
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Bibliographic Reference
Berta, P, De Fraja, G and Verzillo, S. 2018. 'Optimal Healthcare Contracts: Theory and Empirical Evidence from Italy'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=13357