Pauly M V
Health Serv Res. 1986 Apr;21(1):1-28.
This study examines the circumstances in which a large third-party payer or regulator might want to set hospital prices to yield a positive rate of return on equity capital. The level of return is shown to depend on the willingness of donors to make funds available in the community relative to the (derived) demand for capital to produce output. It is shown that the appropriate price might well be set to yield a zero or below-market return, and that the return to not-for-profit firms should generally be less than that to for-profit firms, if for-profit firms are to be active in the market.
本研究考察了大型第三方支付方或监管机构可能希望设定医院价格以实现股权资本正回报率的情形。研究表明，回报率水平取决于社区中捐赠者提供资金的意愿相对于生产产出所需资本的（派生）需求。研究表明，合适的价格很可能被设定为产生零回报率或低于市场回报率，并且如果营利性公司要活跃于市场，非营利性公司的回报率通常应低于营利性公司。
