Start Date

11-12-2016 12:00 AM

Description

This study aims to tackle a puzzle in the largest online physician quality transparency program in the US history--- the Physician Quality Reporting Systems (PQRS). Ten years after its implementation, and despite the strong push from the government, the physician participation rate has not been as high as expected (39.54% in 2015). We examine how the participation decision could be influenced by physician quality, market competition, and service volume. We construct a unique dataset that contains a national sample of 8,230 surgeons across 306 markets, and test hypotheses drawn from both the economics and operations literature. Interestingly, we do not find strong evidence that high-quality physicians have greater motivation for public quality reporting. On the other hand, service volume and market competition play more important roles. These findings have important policy implications for further improving healthcare.

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Dec 11th, 12:00 AM

Voluntary Quality Disclosure among Physicians: the Case of PQRS

This study aims to tackle a puzzle in the largest online physician quality transparency program in the US history--- the Physician Quality Reporting Systems (PQRS). Ten years after its implementation, and despite the strong push from the government, the physician participation rate has not been as high as expected (39.54% in 2015). We examine how the participation decision could be influenced by physician quality, market competition, and service volume. We construct a unique dataset that contains a national sample of 8,230 surgeons across 306 markets, and test hypotheses drawn from both the economics and operations literature. Interestingly, we do not find strong evidence that high-quality physicians have greater motivation for public quality reporting. On the other hand, service volume and market competition play more important roles. These findings have important policy implications for further improving healthcare.