What is the impact of being in a high-competitive market

Reference no: EM133651033

Question: Compare the following information between hospitals located in high, moderate and low competitive markets? (table 1)

What are the main significant differences between hospitals in different markets? (use ANOVA test)

Use the density curves and compare hospitals cost and revenues between three markets.

What is the impact of being in a high-competitive market on hospital revenues and cost? Do you think being in a high-competitive market has a positive impact on net hospital benefits? What about the number of Medicare and Medicaid discharge? Do you think hospitals in a higher completive market more likely to accept more Medicare and Medicaid patients? What is the impact of other variables? Please discuss your findings in paragraphs.

(Note: to answer to the last question, please compute the ratio-Medicare-discharge and ratio-Medicaid-discharge first and then run 2 t-tests) high vs. moderate and high vs. low competitive market), please support your findings with box-plot).

Reference no: EM133651033

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