Taking the pulse of the health care markets: a discussion of the Healthy Marketplace Index (HMI) price and utilization metrics
- Collection:
- Health Policy and Services Research
- Series Title(s):
- Data brief (Health Care Cost Institute)
- Author(s):
- Barrette, Eric, author
- Contributor(s):
- Health Care Cost Institute, issuing body.
- Publication:
- Washington, DC, : Health Care Cost Institute, September 2015
- Language(s):
- English
- Format:
- Text
- Subject(s):
- Health Care Costs -- statistics & numerical data Health Care Sector -- economics Health Care Sector -- statistics & numerical data Health Services -- utilization Models, Econometric Economic Competition Humans United States
- Genre(s):
- Technical Report
- Abstract:
- The Health Care Cost Institute (HCCI), with grant funding from the Robert Wood Johnson Foundation (RWJF), has developed a set of economic metrics, collectively referred to as the Healthy Marketplace Index (HMI). These metrics are intended to provide baseline measurements of health care market performance related price, productivity, and competition. This HCCI Data Brief discusses patterns in the price and utilization indices re-ported in the 2015 Healthy Marketplace Index Report. The full report also includes numerous other measures regarding resource use, health, and provider concentration as well as a detailed description of the methodology. KEY FINDINGS. Health care markets are more complex than some may have expected. The price indices suggest inpatient and outpatient price levels vary across and within markets. High price areas. High price areas--Boulder, CO, El Paso, TX, Bridgeport, CT, Dallas, TX, Milwaukee, WI, Philadelphia, PA, Denver, CO, and Fort Collins, CO. Low price areas. Low price areas--Tucson, AZ, St. Louis, MO, New Orleans, LA, Peoria, IL, and Louisville, KY. Differing inpatient and outpatient price areas Low inpatient--high outpatient price levels include: Corpus Christi, TX, Green Bay, WI, Miami, FL, Lakeland, FL, and Trenton, NJ. High inpatient--low outpatient price levels include: Orlando, FL, and Jacksonville, FL. Prices do not predict utilization. No statistical relationship was found between the price and utilization indices.
- Copyright:
- Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY license. (More information)
- Extent:
- 1 online resource (1 PDF file (9 pages))
- Illustrations:
- Illustrations
- NLM Unique ID:
- 101711612 (See catalog record)
- Permanent Link:
- http://resource.nlm.nih.gov/101711612