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Please use this identifier to cite or link to this item: http://purl.umn.edu/35255

Title: An Alternative Model for Analyzing the Physician-Hospital Relationship in Rural Areas
Authors: Fannin, James Matthew
Barnes, James N.
Authors (Email): Fannin, J. Matthew (mfannin@lsu.edu)
Barnes, James N. (jbarnes@agcenter.lsu.edu)
Issue Date: 2006
Series/Report no.: Selected Paper
Abstract: We introduce a modeling framework called Transaction Cost Economics to help decision makers in rural health care markets choose among alternative organizational relationships in order to more cost-effectively deliver healthcare services. In particular, the hospital-physician relationship is analyzed and the transactional attributes, institutional environment, and market characteristics are identified as key variables influencing the organizational relationship between hospital and physician. As asset specfic investments are made by either the hospital or physician, vertically integrated relationships are more likely to occur. The degree of remoteness of rural areas is also considered to affect the impact of these asset-specific investments.
URI: http://purl.umn.edu/35255
Institution/Association: Southern Agricultural Economics Association>2006 Annual Meeting, February 5-8, 2006, Orlando, Florida
Total Pages: 20
Language: English
Collections:2006 Annual Meeting, February 5-8, 2006, Orlando, Florida

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