Question #5[RStudio Users]

If you have chosen to work with RStudio, please run three models and complete the following tables.

Model 1: Run a logit model and use being a member of network and find out its impact on hospital beds and hospital ownership? (Model 1)

Model 2: Now, include hospital revenue and report the Coeff.? (Model 2)

Model 3: Now, include the ratio of ratio-Medicare-discharge and ratio-Medicaid-discharge in your model? And keep all variables you used for models 1, 2 & 3 and discuss your findings? Do you recommend keeping membership for a hospital? Why or why not? (Model 3)

Based on your finding please recommend 3 policies to improve hospital performance in hospitals, please make sure to use the final model for your recommendation.

If you have chosen to work with Excel, please run above three models and complete the following tables.

Model 1: Run a regression model and use being a member of network and find out its impact on hospital cost? (Model 1)

Model 2: For the 2nd model run a regression model and use being a member of network and find out its impact on hospital cost and hospital revenue? (Model 2)

Model 3: For the 3rd model run a regression model and use being a member of network and find out its impact on ratio-Medicare-discharge and ratio-Medicaid-discharge.

Based on your finding please recommend 3 policies and discuss the impact of being on a network on hospital cost, hospital revenue and find out its impact on ratio-Medicare-discharge and ratio-Medicaid-discharge. Do you recommend keeping membership for a hospital? Why or why not?