Publications [#238732] of Frank A. Sloan

	Faculty with Secondary Appointments Database Health Sector Management Fuqua School of Business Duke University
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Journal Articles

Sloan, FA; Conover, CJ; Ostermann, J, Rates of return from hospital conversions., Health care management review, vol. 28 no. 2 (April, 2003), pp. 107-117, ISSN 0361-6274 [12744448], [doi]
(last updated on 2025/05/31)
Abstract:
This article presents information on the rates of return obtained by purchasers of U.S. hospitals since the mid 1980s. The key hypothesis tested in this study was whether for-profit acquirers are able to purchase hospitals at below-market prices. We test the hypothesis by comparing internal rates of return to an estimate of the weighted cost of capital for all for-profit hospitals in the year the transaction occurred.