Specialization and production cost efficiency: Evidence from ambulatory surgery centers
International Journal of Health Care Finance and Economics | Sep 20, 2017
Carey K, et al. - Researchers took a multiple output cost function approach to an empirical investigation that compared production economies in single specialty ambulatory surgery centers (ASCs) with those in multispecialty ASCs. In simulation analysis, production of GI services in specialized ASCs indicated a cost advantage over joint production of GI with other specialty procedures. The results supported the focused factory model of production in the ASC sector.
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