TOWARD A THEORY OF NON-PROFIT INSTITUTIONS: AN ECONOMIC MODEL OF A HOSPITAL

Abstract

A simple model of a hospital is developed, and its implications are considered. An attempt is made to justify the realism of the model, although it cannot be entirely realistic. To develop the model the assumption is made that hospital expenses are financed by the patient and not by a third party. Thus the model may prove applicable to other non-profit institutions where third party payments are not important, such as colleges and universities, the performing arts, and museums.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Jan 01, 1969
Accession Number
AD0682499

Entities

People

  • Joseph P. Newhouse

Organizations

  • RAND Corporation

Tags

Communities of Interest

  • Biomedical

DTIC Thesaurus Topics

  • Commerce
  • Consumers
  • Corporations
  • Economic Analysis
  • Economic Models
  • Economics
  • Health
  • Health Services
  • Hospitals
  • Markets
  • Medical Personnel
  • Money
  • Motivation
  • New York
  • Performing Arts
  • Public Health
  • United States

Readers

  • Computational Fluid Dynamics (CFD)
  • Defense Financial Management and Audit.
  • Military History of the United States in the 20th Century.