The Society of Actuaries provided funding for this work through their Health Section. Part of Dr. Comer's time spent on this research was funded by a Postdoctoral Fellowship award on Health Outcomes from the PhRMA Foundation. We would like to thank the Society of Actuaries Project Oversight Group (POG), which provided advice and guidance during the course of the project. Katie O'Connell also provided valuable research assistance. A version of this work was originally published as a report by the Society of Actuaries under the title “Validating the PRIDIT Method for Determining Hospital Quality with Outcomes Data” and presented at the 2013 ARIA Annual Meeting. Muhammed Altuntas provided valuable comments and feedback.
What Are the Characteristics That Explain Hospital Quality? A Longitudinal Pridit Approach
Article first published online: 30 SEP 2013
© Risk Management and Insurance Review, 2013
Risk Management and Insurance Review
Volume 17, Issue 1, pages 17–35, Spring 2014
How to Cite
Lieberthal, R. D. and Comer, D. M. (2014), What Are the Characteristics That Explain Hospital Quality? A Longitudinal Pridit Approach. Risk Management and Insurance Review, 17: 17–35. doi: 10.1111/rmir.12017
- Issue published online: 3 MAR 2014
- Article first published online: 30 SEP 2013
- Agency for Healthcare Research and Quality, 2002, Improving Health Care Quality: Fact Sheet. World Wide Web: http://www.ahrq.gov/research/findings/factsheets/errors-safety/improving-quality/index.html. (Accessed July 15, 2013).
- 2012, A Robust Unsupervised Method for Fraud Rate Estimation, Journal of Risk and Insurance, 80(1): 121-143. doi: 10.1111/j.1539-6975.2012.01467.x. , , , and ,
- American Hospital Association (AHA), 2011, AHA Annual Survey Database [Data file and code book].
- 2010, A Resource-Based Perspective on Business Strategies of Newly Founded Subsidiaries: The Case of German Pensionsfonds, Risk Management and Insurance Review, 13(2): 173-193. , and ,
- 2002, Fraud Classification Using Principal Component Analysis of RIDITs, Journal of Risk and Insurance, 69(3): 341-371. , , , , and ,
- Centers for Medicare and Medicaid Services (CMS), 2012, Hospital Compare [Data file]. World Wide Web: http://www.medicare.gov/hospitalcompare. (Accessed January 17, 2012).
- 2012, Exploring and Comparing the Characteristics of Nonlatent and Latent Composite Scores Implications for Pay-For-Performance Incentive Design, Medical Decision Making, 32(1): 132-144. , , , and ,
- 2002, Insurance Fraud, Journal of Risk and Insurance, 69(3): 271-287. ,
- 2008, Hospital Quality: A Pridit Approach, Health Services Research, 43(3): 988-1005. ,
- The Leapfrog Group, 2010, What's New in 2010: The Leapfrog Hospital Survey. World Wide Web: http://www.leapfroggroup.org/media/file/2010_Leapfrog_Hospital_Survey_Overview_TownHallCalls.ppt. (Accessed September 4, 2012).
- 2013, Validating the PRIDIT Method for Determining Hospital Quality With Outcomes Data. Report for the Society of Actuaries. World Wide Web: http://www.soa.org/Research/Research-Projects/Health/research-val-pridit-method.aspx. (Accessed March 2, 2013). , and ,
- 2012, Benchmarking Strategies for Measuring the Quality of Healthcare: Problems and Prospects, The Scientific World Journal, 2012(606154): 1-13. ,
- 1987, The Volume-Outcome Relationship: Practice-Makes-Perfect or Selective-Referral Patterns? Health Services Research, 22(2): 157-182. , , and ,
- 2012, Growth in US Health Spending Remained Slow in 2010; Health Share of Gross Domestic Product Was Unchanged From 2009, Health Affairs, 31(1): 208-219. , , , and ,
- 2009, Ending Extra Payment for “Never Events”—Stronger Incentives for Patients’ Safety, New England Journal of Medicine, 360(23): 2388-2390. ,
- 2012, Payers Test Reference Pricing and Centers of Excellence to Steer Patients to Low-Price and High-Quality Providers, Health Affairs, 31(9): 2028-2036. , and ,
- 2010, Variability in the Measurement of Hospital-Wide Mortality Rates, New England Journal of Medicine, 363(26): 2530-2539. , , , , and ,
- 2011, The $17.1 Billion Problem: The Annual Cost of Measurable Medical Errors, Health Affairs, 30(4): 596-603. , , , , , and ,