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Relative inefficiencies in production between solo and group practice physicians

Lisa C. DeFelice and W. David Bradford

Health Economics, 1997, vol. 6, issue 5, 455-465

Abstract: Health economists have hypothesized for some time that physicians produce medical care in an inefficient manner. Further, whether solo or group practice physicians are relatively more inefficient has been a question of particular interest. Theoretical considerations suggest that solo and group practice physicians face different behavioural and production constraints, implying that they may produce care at different levels of efficiency; which is more efficient is an empirical question. We employed stochastic production frontier estimation to address this issue. © 1997 John Wiley & Sons, Ltd.

Date: 1997
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https://doi.org/10.1002/(SICI)1099-1050(199709)6:53.0.CO;2-S

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