Run a regression model and use being a member of network and find out its impact on hospital cost?

For this week exercise, we need to try a few logit models (see this link for more information: https://stats.idre.ucla.edu/r/dae/logit-regression/)

If you have chosen to work with Excel, please run above three models and complete the following tables.

Model 1: Run a regression model and use being a member of network and find out its impact on hospital cost? (Model 1) Model 2: For the 2nd model run a regression model and use being a member of network and find out its impact on hospital cost and hospital revenue? (Model 2) Model 3: For the 3rd model run a regression model and use being a member of network and find out its impact on ratio-Medicare-discharge and ratio-Medicaid-discharge.

Based on your finding please recommend 3 policies and discuss the impact of being on a network on hospital cost, hospital revenue and out its impact on ratio-Medicare-discharge and ratio-Medicaid-discharge. Do you recommend keeping membership for a hospital? Why or why not?

If you have decided to use RStudio:

Model 1

Run a logit model and use being a member of network and find out its impact on hospital ownership and hospital beds? (Model 1)

Model 2

Now, include hospital income and report the Coeff.? (Model 2)

Model 3

Now, include the ratio of ratio-Medicare-discharge and ratio-Medicaid-discharge in your model? And keep all variables you used for models 1, 2 & 3 and discuss your findings? Do you recommend keeping membership for a hospital? Why or why not? (Model 3)

Based on your finding please recommend 3 policies to improve hospital performance in FP, NFP hospitals, please make sure to use the final model for your recommendation.

Download data: The data is the same data you have used for previous exercises

Codes: E5-codes

Questions: All exercises questions

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