A medical technology index for community hospitals.
This article creates a medical technology index to serve as a benchmark in strategic assessment of community hospitals. An expert panel assigned weights to the six components in the index. Empirical validation is achieved by regressing bond ratings on the index and using the index with eight other factors in explaining net incomes of community hospitals.
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J.L. Kellogg Graduate School of Management, Northwestern University, Evanston, IL, USA.
D019985:Benchmarking / Q000379:methods* / Q000592:standards; D003953:Diagnosis-Related Groups; D005163:Factor Analysis, Statistical; D006302:Health Services Research; D006748:Hospital Departments / Q000145:classification / Q000191:economics / Q000592:standards; D006764:Hospitals, Community / Q000145:classification* / Q000191:economics / Q000592:standards; D006801:Humans; D007182:Income; D007449:Investments; D008330:Management Audit; D013677:Medical Laboratory Science / Q000592:standards*; D012044:Regression Analysis; D015203:Reproducibility of Results; D014481:United States