Track 1 EXCEL: If you have chosen to work with Excel, please run the above three models and complete the following tables.
Model 1:
Run a linear model and predict the difference between hospital beds (use the bed-tot) and hospital net-benefit in teaching hospitals.
| Hospital Characteristics | Coef. | ST. ERR | T Stat | P-values | Lower 95% | Upper 95% |
| Model-1 | ||||||
| Hospital beds | ||||||
| Teaching Hospitals | ||||||
| R Square |
Model 2:
Run a linear model and predict the difference between hospital beds (use the bed-tot) and hospital net-benefit in non-teaching hospitals.
Use the results from model 1 and model 2 and compare the results between teaching and non-teaching hospitals.
| Hospital Characteristics | Coef. | ST. ERR | T Stat | P-values | Lower 95% | Upper 95% |
| Model-2 | ||||||
| Hospital beds | ||||||
| Teaching Hospitals | ||||||
| R Square |
Model 3:
Include the ratio of Medicare-discharge and ratio of Medicaid-discharge. How do you evaluate the impact of having higher Medicare and Medicaid patients on hospital net-benefit in teaching hospitals?
| Hospital Characteristics | Coef. | ST. ERR | T Stat | P-values | Lower 95% | Upper 95% |
| Model-3 | ||||||
| Hospital beds | ||||||
| Teaching Hospitals | ||||||
| Ratio-Medicare-discharge | ||||||
| Ratio-Medicaid-discharge | ||||||
| R Square |
Model 4:
Include the ratio of Medicare-discharge and Medicaid-discharge in the first model. How do you evaluate the impact of having higher Medicare and Medicaid patients on hospital net-benefit in non-teaching hospitals?
| Hospital Characteristics | Coef. | ST. ERR | T Stat | P-values | Lower 95% | Upper 95% |
| Model-4 | ||||||
| Hospital beds | ||||||
| Teaching Hospitals | ||||||
| ratio-Medicare-discharges | ||||||
| ratio-Medicaid-discharges | ||||||
| R Square |
Based on your finding please recommend 3 policies to improve hospital performance. Please make sure to use the final model for your recommendation.
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