Question
Logit Model 2: Run a logit model to explain the being a member of a network variable (system_member). The independent variables area Total Hospital Costs
Logit Model 2: Run a logit model to explain the "being a member of a network" variable (system_member). The independent variables area Total Hospital Costs and Total Hospital Revenues. And choose 0.95 Confidence level. In options select the Logit and Exponentiated Coefficient Table (not just Logit) and request for P-values. You may also request for the logistic curve and high-resolution graph format.
Coefficient St. ERR P-value Exp (coeff) Exp (z SE) Exp (Std. coeff.)
Intercept 0.22 0.05 0.0
Total Hospital Costs 0.00 0.00 0.00 1.00 1.00 -0.85
Total Hospital Revenue
0.00 0.00 0.00 1.00 1.00 1.06
R-squared 0.02
What is the impact of hospital costs and hospital revenue on "being a member of a network"?
Logit Model 3: For model 3, add the Medicare-discharge-ratio and the Medicaid-discharge-ratio variables to your Model 2, as independent variables.
Coefficient St ERR P-value Exp (coeff) Exp (z SE) Exp (Std.coeff)
Intercept 0.97 0.17 0.0
Total Hospital Cost 0.00 0.00 0.00 1.00 1.00 -0.88
Total Hospital
Revenue 0.00 0.00 0.00 1.00 1.00 1.05
Medicare discharge ratio -1.78 0.28 0.00 0.39 1.75 -0.10
Medicaid discharge ratio -1.66 0.43 0.00 0.19 2.30 -0.09
R-squared 0.03
What is the impact of hospital costs and hospital revenue, and each of the two ratios added in Model 3 on "being a member of a network"?
Based on your findings from the models, would you recommend that hospitals keep their system memberships?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started