Abstract
This article provides a review of factors that cause hospital costs to vary. Examples of public policy issues and strategic management issues related to hospital cost variations are presented. Two commonly used theoretical perspectives for studying costs, microeconomic theory and industrial organization theory, are briefly reviewed. The article concludes with suggestions for future research including the application of a different theoretical perspective, X-efficiency Theory.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
