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AMI, Heart failure, Pneumonia Hospital-wide all-cause

Program phase Pre Post Pre Post1 Post2 Post3

MSSP Control MSSP Control MSSP Control MSSP Control MSSP Control MSSP Control

Number of beds* 286 242 289 241 287 228 285 226 287 228 284 224

(226.28) (181.54) (228.47) (187.63) (229.95) (184.90) (230.07) (185.01) (232.11) (186.38) (231.65) (186.07) Ownership (%)

Government 6.9 15.0 6.8 14.7 6.7 13.9 6.8 14.0 6.7 14.1 6.7 14.2

Not-for-profit 85.8 61.7 86.0 61.4 85.6 58.7 85.2 58.5 85.4 58.3 85.4 57.5

For-profit 7.3 23.3 7.2 23.9 7.6 27.4 8.0 27.6 8.0 27.6 8.0 28.3

Medical school

affiliation (%) 45.3 37.7 50.4 39.4 46.2 36.4 45.6 36.7 46.4 37.3 48.8 36.5

Disproportionate patient percent*

0.27 (0.20)

0.29 (0.18)

0.30 (0.20)

0.31 (0.18)

0.28 (0.20)

0.28 (0.19)

0.29 (0.20)

0.28 (0.19)

0.28 (0.20)

0.28 (0.19)

0.28 (0.19)

0.28 (0.19) Registered nurse

per average daily census ratio*

3.68

(19.66) 2.34

(1.74) 4.23

(21.14) 3.06

(6.26) 3.88

(20.99) 3.05

(8.86) 4.06

(21.03) 3.25

(10.46) 4.17

(20.99) 3.33

(10.57) 4.12

(21.06) 3.40 (7.14) Market competition

(1-HHI)* 0.84

(0.14) 0.85

(0.13) 0.84

(0.14) 0.85

(0.13) 0.84

(0.14) 0.85

(0.13) 0.84

(0.14) 0.85

(0.13) 0.84

(0.14) 0.85

(0.13) 0.84

(0.14) 0.85 (0.13) Total physicians per

100,000 residents* 218

(32.87) 204

(32.28) 218

(32.78) 203

(31.96) 218

(32.73) 203

(32.18) 218

(32.76) 203

(32.34) 218

(32.64) 203

(32.29) 217

(32.19) 202 (31.39)

SOURCE: Authors’ analysis of data from the archived Hospital Compare annual files, linked to the Shared Savings Program participants files, the CMS impact files, the Provider of Services Current files, and the Dartmouth Atlas of Health Care files.

NOTES: AMI is acute myocardial infarction. MSSP is Medicare shared savings program. HHI is Herfindahl-Hirschman Index.

Control consists of non-MSSP participating hospitals. For AMI, heart failure, and pneumonia, Pre indicates the period between July 1, 2008 and June 30, 2011; Post indicates the period between July 1, 2013 and June 30, 2016. For hospital-wide all-cause, Pre indicates the period between July 1, 2011 and June 30, 2012; Post1 indicates the period between July 1, 2012 and June 30, 2013; Post2 indicates the period between July 1, 2013 and June 30, 2014; Post3 indicates the period between July 1, 2014 and June 30, 2015. *Numbers indicate mean with SD in parentheses.

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Appendix Table A2. Full model results of the random-effects difference-in-differences

regression estimates of MSSP-participating hospitals on readmission rate for Medicare patients initially admitted for AMI (n=1,631)

Variable Name Estimated

coefficients Standard errors

95%

lower confidence

interval

95%

higher confidence

interval

p-value

MSSP 0.0911 0.1177 -0.1396 0.3217 0.4390

Post -3.3797 0.0440 -3.4660 -3.2933 0.0000

MSSP × Post -0.1380 0.1141 -0.3616 0.0856 0.2260

Beds 0.0002 0.0002 -0.0001 0.0005 0.2780

Disproportionate patient percent 0.8583 0.1466 0.5709 1.1457 0.0000

Medical school affiliation 0.0764 0.0537 -0.0289 0.1817 0.1550

Ownership

Government -0.0622 0.0750 -0.2091 0.0847 0.4060 For-profit 0.1493 0.0611 0.0295 0.2691 0.0150 Registered nurse per average daily census ratio -0.0044 0.0020 -0.0083 -0.0005 0.0260

Market competition (1-HHI) 0.8665 0.1964 0.4816 1.2514 0.0000

Total physicians per 100,000 residents 0.0037 0.0008 0.0022 0.0052 0.0000

SOURCE: Authors’ analysis of data from the archived Hospital Compare annual files, linked to the Shared Savings Program participants files, the CMS impact files, the Provider of Services Current files, and the Dartmouth Atlas of Health Care files.

NOTES: AMI is acute myocardial infarction. MSSP is Medicare shared savings program. HHI is Herfindahl-Hirschman Index. Control consists of non-MSSP participating hospitals. Post

indicates the period between July 1, 2013 and June 30, 2016. R-squared: 0.6629. df: 11.

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regression estimates of MSSP-participating hospitals on readmission rate for Medicare patients initially admitted for heart failure (n=1,889)

Variable Name Estimated

coefficients Standard errors

95%

lower confidence

interval

95%

higher confidence

interval

p-value

MSSP 0.2244 0.1373 -0.0447 0.4934 0.1020

Post -2.9656 0.0505 -3.0645 -2.8667 0.0000

MSSP × Post -0.4663 0.1507 -0.7617 -0.1709 0.0020

Beds 0.0000 0.0002 -0.0004 0.0004 0.9880

Disproportionate patient percent 1.9052 0.1916 1.5297 2.2807 0.0000

Medical school affiliation 0.0136 0.0732 -0.1299 0.1571 0.8530

Ownership

Government 0.0622 0.0994 -0.1326 0.2570 0.5320 For-profit 0.3931 0.0873 0.2219 0.5643 0.0000 Registered nurse per average daily census ratio -0.0079 0.0025 -0.0127 -0.0031 0.0010

Market competition (1-HHI) 1.1820 0.2622 0.6681 1.6960 0.0000

Total physicians per 100,000 residents 0.0073 0.0011 0.0051 0.0095 0.0000

SOURCE: Authors’ analysis of data from the archived Hospital Compare annual files, linked to the Shared Savings Program participants files, the CMS impact files, the Provider of Services Current files, and the Dartmouth Atlas of Health Care files.

NOTES: MSSP is Medicare shared savings program. HHI is Herfindahl-Hirschman Index.

Control consists of non-MSSP participating hospitals. Post indicates the period between July 1, 2013 and June 30, 2016. R-squared: 0.4559. df: 11.

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Appendix Table A4. Full model results of the random-effects difference-in-differences

regression estimates of MSSP-participating hospitals on readmission rate for Medicare patients initially admitted for pneumonia (n=1,896)

Variable Name Estimated

coefficients Standard errors

95%

lower confidence

interval

95%

higher confidence

interval

p-value

MSSP 0.1775 0.1156 -0.0490 0.4040 0.1250

Post -1.4814 0.0423 -1.5643 -1.3985 0.0000

MSSP × Post -0.2577 0.1162 -0.4854 -0.0300 0.0270

Beds 0.0006 0.0002 0.0003 0.0010 0.0010

Disproportionate patient percent 0.9316 0.1542 0.6295 1.2338 0.0000

Medical school affiliation 0.0769 0.0604 -0.0415 0.1953 0.2030

Ownership

Government 0.0838 0.0805 -0.0739 0.2415 0.2980 For-profit 0.2830 0.0742 0.1376 0.4284 0.0000 Registered nurse per average daily census ratio -0.0014 0.0022 -0.0058 0.0030 0.5430

Market competition (1-HHI) 0.8754 0.2294 0.4258 1.3251 0.0000

Total physicians per 100,000 residents 0.0069 0.0010 0.0050 0.0088 0.0000

SOURCE: Authors’ analysis of data from the archived Hospital Compare annual files, linked to the Shared Savings Program participants files, the CMS impact files, the Provider of Services Current files, and the Dartmouth Atlas of Health Care files.

NOTES: MSSP is Medicare shared savings program. HHI is Herfindahl-Hirschman Index.

Control consists of non-MSSP participating hospitals. Post indicates the period between July 1, 2013 and June 30, 2016. R-squared: 0.2454. df: 11.

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regression estimates of MSSP-participating hospitals on readmission rate for Medicare patients initially admitted for any cause (n=2,067)

Variable Name Estimated

coefficients Standard errors

95%

lower confidence

interval

95%

higher confidence

interval

p-value

MSSP 0.0135 0.0751 -0.1336 0.1606 0.8570

Post1 -0.3572 0.0180 -0.3924 -0.3219 0.0000

Post2 -0.7069 0.0199 -0.7459 -0.6678 0.0000

Post3 -0.3489 0.0215 -0.3912 -0.3067 0.0000

MSSP × Post1 -0.0957 0.0536 -0.2008 0.0095 0.0750

MSSP × Post2 -0.0661 0.0591 -0.1819 0.0498 0.2640

MSSP × Post3 -0.0418 0.0625 -0.1643 0.0807 0.5040

Beds 0.0006 0.0001 0.0003 0.0008 0.0000

Disproportionate patient percent 1.2588 0.1053 1.0525 1.4651 0.0000

Medical school affiliation 0.0601 0.0364 -0.0113 0.1314 0.0990

Ownership

Government 0.1086 0.0537 0.0034 0.2139 0.0430 For-profit 0.1646 0.0464 0.0736 0.2556 0.0000 Registered nurse per average daily census ratio -0.0026 0.0007 -0.0040 -0.0012 0.0000

Market competition (1-HHI) 0.6907 0.1438 0.4090 0.9725 0.0000

Total physicians per 100,000 residents 0.0059 0.0007 0.0045 0.0072 0.0000

SOURCE: Authors’ analysis of data from the archived Hospital Compare annual files, linked to the Shared Savings Program participants files, the CMS impact files, the Provider of Services Current files, and the Dartmouth Atlas of Health Care files.

NOTES: MSSP is Medicare shared savings program. HHI is Herfindahl-Hirschman Index.

Control consists of non-MSSP participating hospitals. Post1 indicates the period between July 1, 2012 and June 30, 2013. Post2 indicates the period between July 1, 2013 and June 30, 2014.

Post3 indicates the period between July 1, 2014 and June 30, 2015. R-squared: 0.1894. df: 15.

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Appendix Table A6. Full model results of the random-effects difference-in-differences regression estimates of MSSP-participating hospitals on the three condition-specific risk standardized readmission rates, after excluding BPCI participating hospitals

Percentage point change in readmission rate (Standard error in parentheses)

Variable Name AMI Heart Failure Pneumonia

MSSP 0.0566 0.198 0.170

(0.120) (0.140) (0.119)

Post -3.363*** -2.957*** -1.467***

(0.0445) (0.0510) (0.0427)

MSSP × Post -0.0993 -0.452*** -0.262**

(0.116) (0.154) (0.117)

Beds 0.0000932 -0.0000501 0.000584***

(0.000160) (0.000217) (0.000182)

Disproportionate patient percent 0.841*** 1.911*** 0.916***

(0.147) (0.194) (0.157)

Medical school affiliation 0.0793 0.00666 0.0645

(0.0546) (0.0738) (0.0615)

Ownership

Government -0.0503 0.0647 0.0817

(0.0752) (0.0995) (0.0807)

For-profit 0.151** 0.383*** 0.271***

(0.0619) (0.0869) (0.0751)

Registered nurse per average daily census ratio -0.00423** -0.00768*** -0.00123

(0.00193) (0.00241) (0.00220)

Market competition (1-HHI) 0.925*** 1.288*** 0.949***

(0.194) (0.257) (0.226)

Total physicians per 100,000 residents 0.00355*** 0.00698*** 0.00679***

(0.000776) (0.00115) (0.000979)

Number of Hospitals 1,586 1,843 1,850

SOURCE: Authors’ analysis of data from the archived Hospital Compare annual files, linked to the Shared Savings Program participants files, the archived Bundled Payments for Care

Improvement files, the CMS impact files, the Provider of Services Current files, and the Dartmouth Atlas of Health Care files.

NOTES: AMI is acute myocardial infarction. BPCI is bundled payments for care improvement.

MSSP is Medicare shared savings program. HHI is Herfindahl-Hirschman Index. Control

consists of non-MSSP participating hospitals. Post indicates the period between July 1, 2013 and June 30, 2016. Appendix Exhibits A2-A4 present full results.

*** p < 0.01, ** p < 0.05, * p < 0.10

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regression estimates of MSSP-participating hospitals on readmission rate for Medicare patients initially admitted for any cause, after excluding BPCI participating hospitals

Percentage point change in readmission rate (Standard error in parentheses)

Variable Name Hospital-wide all-cause

MSSP 0.0235

(0.0767)

Post1 -0.358***

(0.0182)

Post2 -0.709***

(0.0202)

Post3 -0.347***

(0.0218)

MSSP × Post1 -0.0932*

(0.0551)

MSSP × Post2 -0.0662

(0.0613)

MSSP × Post3 -0.0536

(0.0647)

Beds 0.000555***

(0.000126) Disproportionate patient percent 1.262***

(0.107)

Medical school affiliation 0.0564

(0.0366) Ownership

Government 0.107**

(0.0538)

For-profit 0.161***

(0.0465) Registered nurse per average daily

census ratio -0.00255***

(0.000695)

Market competition (1-HHI) 0.746***

(0.141) Total physicians per 100,000

residents 0.00564***

(0.000691)

Number of Hospitals 2,021

SOURCE: Authors’ analysis of data from the archived Hospital Compare annual files, linked to the Shared Savings Program participants files, the archived Bundled Payments for Care

Improvement files, the CMS impact files, the Provider of Services Current files, and the Dartmouth Atlas of Health Care files.

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NOTES: BPCI is bundled payments for care improvement. MSSP is Medicare shared savings program. HHI is Herfindahl-Hirschman Index. Control consists of non-MSSP participating hospitals. Post1 indicates the period between July 1, 2012 and June 30, 2013. Post2 indicates the period between July 1, 2013 and June 30, 2014. Post3 indicates the period between July 1, 2014 and June 30, 2015. *** p < 0.01, ** p < 0.05, * p < 0.10

Appendix Table A8. The fixed-effects difference-in-differences regression estimates of MSSP- participating hospitals on the three condition-specific risk standardized readmission rates

Percentage Point Change in Readmission Rate

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MSSP × Post -0.127 -0.488*** -0.247**

(0.117) (0.154) (0.117)

MSSP 0 (omitted) 0 (omitted) 0 (omitted)

Post -3.349*** -2.932*** -1.470***

(0.0493) (0.0551) (0.0446)

Number of Hospitals 1,631 1,889 1,896

SOURCE: Authors’ analysis of data from the archived Hospital Compare annual files, linked to the Shared Savings Program participants files, the CMS impact files, the Provider of Services Current files, and the Dartmouth Atlas of Health Care files.

NOTES: AMI is acute myocardial infarction. MSSP is Medicare shared savings program.

Control consists of non-MSSP participating hospitals. Post indicates the period between July 1, 2013 and June 30, 2016. *** p < 0.01, ** p < 0.05, * p < 0.10

Appendix Table A9. The fixed-effects difference-in-differences regression estimates of MSSP- participating hospitals on readmission rate for Medicare patients initially admitted for any cause

Percentage Point Change in Readmission Rate

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(Standard Error in Parentheses) Hospital wide all-cause

MSSP × Post1 -0.0930*

(0.0536)

MSSP × Post2 -0.0692

(0.0590)

MSSP × Post3 -0.0465

(0.0625)

MSSP 0 (omitted)

Post1 -0.353***

(0.0181)

Post2 -0.701***

(0.0200)

Post3 -0.343***

(0.0218)

Number of Hospitals 2,067

SOURCE: Authors’ analysis of data from the archived Hospital Compare annual files, linked to the Shared Savings Program participants files, the CMS impact files, the Provider of Services Current files, and the Dartmouth Atlas of Health Care files.

NOTES: MSSP is Medicare shared savings program. Control consists of non-MSSP participating hospitals. Post1 indicates the period between July 1, 2012 and June 30, 2013. Post2 indicates the period between July 1, 2013 and June 30, 2014. Post3 indicates the period between July 1, 2014 and June 30, 2015. *** p < 0.01, ** p < 0.05, * p < 0.10

Appendix Table A10. The propensity score difference-in-differences regression estimates of MSSP-participating hospitals on the three condition-specific risk standardized readmission rates

Percentage Point Change in Readmission Rate (Standard Error in Parentheses)

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(0.124) (0.165) (0.126)

MSSP 0.0184 0.126 0.148

(0.124) (0.147) (0.123)

Post -3.422*** -3.132*** -1.531***

(0.0650) (0.0819) (0.0643)

Number of Hospitals 854 917 939

SOURCE: Authors’ analysis of data from the archived Hospital Compare annual files, linked to the Shared Savings Program participants files, the CMS impact files, the Provider of Services Current files, and the Dartmouth Atlas of Health Care files.

NOTES: AMI is acute myocardial infarction. MSSP is Medicare shared savings program.

Control consists of non-MSSP participating hospitals. Post indicates the period between July 1, 2013 and June 30, 2016. *** p < 0.01, ** p < 0.05, * p < 0.10

Appendix Table A11. The propensity score difference-in-differences regression estimates of MSSP-participating hospitals on readmission rate for Medicare patients initially admitted for any cause

Percentage Point Change

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in Readmission Rate (Standard Error in Parentheses)

Hospital wide all-cause

MSSP × Post1 -0.0648

(0.0579)

MSSP × Post2 -0.0335

(0.0638)

MSSP × Post3 0.0222

(0.0678)

MSSP -0.00996

(0.0806)

Post1 -0.389***

(0.0281)

Post2 -0.741***

(0.0310)

Post3 -0.420***

(0.0338)

Number of Hospitals 950

SOURCE: Authors’ analysis of data from the archived Hospital Compare annual files, linked to the Shared Savings Program participants files, the CMS impact files, the Provider of Services Current files, and the Dartmouth Atlas of Health Care files.

NOTES: MSSP is Medicare shared savings program. Control consists of non-MSSP participating hospitals. Post1 indicates the period between July 1, 2012 and June 30, 2013. Post2 indicates the period between July 1, 2013 and June 30, 2014. Post3 indicates the period between July 1, 2014 and June 30, 2015. *** p < 0.01, ** p < 0.05, * p < 0.10

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