LAWRENCE, Carol M.

Medicare reimbursement, debt financing, and measures of service efforts and accomplishments in the healthcare industry - New York : Marcel Dekker, 1995

This paper investigates the relationships among selected SEA measures and Medicare reimbursement. The findings generally indicate that those hospitals most heavily reliant on Medicare reimbursement are characterized by different levels of service efforts and accomplishments than other hospitals. The empirical analysis also provides evidence of a linkage between SEA measures and market measures of the risk associated with bonds issued by the sample hospitals.