Research theme

Ownership, prices and payment

How quality and spending change when hospitals and practices join systems or are bought by private equity.

How negotiated prices, bundled payments and federal payment models reach patients with cancer.

22 articles, newest first

  1. Provider-Sponsored Health Plans Negotiated Lower Prices For Health Services Compared With Traditional Insurers, 2024

    Mead M, Mullens CL, Diaz A, Ibrahim AM. Health Aff (Millwood). 2026.

    At US health systems that offer their own insurance, those plans had significantly lower negotiated prices than other insurers for nearly all services studied, though the authors call for more transparency on pricing and ownership.

    More on this study: When the hospital is also the insurer

  2. Surgical Quality at Rural Hospitals After Private Equity Acquisition

    Mullens CL, Mead M, Abid M, …, Diaz A. Ann Surg. 2026.

    Among Medicare patients having common general surgery operations, private equity acquisition of rural hospitals was associated with increases in 30-day mortality, complications and serious complications, compared with similar rural hospitals that were not acquired.

  3. Hospitals Acquired By Private Equity Firms: Increased Postoperative Mortality For Common Inpatient Surgeries

    Diaz A, Mead M, Rohde S, Kunnath N, Dimick JB, Ibrahim AM. Health Aff (Millwood). 2025.

    Among Medicare patients having four common general surgery operations, private equity acquisition of hospitals was associated with a 2.7-percentage-point increase in 30-day postoperative mortality compared with hospitals that were not acquired.

    More on this study: After the buyout, more deaths after surgery

  4. Association of Hospital System Affiliation With Spending and Postoperative Outcomes: A Longitudinal Study of Hospital Mergers And Acquisitions From 2010 To 2018

    Diaz A, Nuliyalu U, Ryan AM, Dimick JB, Ibrahim AM, Nathan H. Ann Surg. 2024.

    For Medicare patients having elective inpatient surgery, a hospital joining a health system was associated with slightly lower 30-day spending, mainly on care after discharge, but no significant change in serious complications, deaths or readmissions.

  5. Private Equity Investment in Surgical Care

    Sievers MT, Neevel A, Diaz A, et al. Ann Surg. 2024.

    From 2015 to 2019, investor-backed private equity firms invested substantially in surgical care, especially digestive disease, urology and orthopedic practices and the surgery-adjacent field of anesthesiology, increasing the consolidation of practices.

  6. Variation in Postoperative Outcomes Across Federally Designated Hospital Star Ratings

    Diaz A, Harbaugh C, Dimick JB, Kunnath N, Ibrahim AM. JAMA Surg. 2024.

    For Medicare patients having heart bypass or general surgery, hospitals with higher federal star ratings had lower death rates, but outcomes varied widely within each rating level, highlighting the ratings’ limits for judging surgical quality.

  7. Payer-Negotiated Price Variation and Relationship to Surgical Outcomes for the Most Common Cancers at NCI-Designated Cancer Centers

    Sankaran R, O'Connor J, Nuliyalu U, Diaz A, Nathan H. Ann Surg Oncol. 2024.

    Insurer-negotiated cancer surgery prices varied widely at National Cancer Institute-designated centers; for Medicare patients’ colon, pancreas or lung cancer surgery, higher prices were statistically but not clinically meaningfully linked to serious complications or death.

  8. Optimizing care delivery in expanding health systems: Views from clinical leaders

    Diaz A, Chhabra KR, Byrnes ME, et al. Healthc (Amst). 2023.

    In interviews, surgical leaders at teaching hospitals within health systems described challenges to redesigning care, such as limited beds and operating rooms, but also ways to use system growth to improve access and quality.

  9. Association of Skilled Nursing Facility Ownership by Health Care Networks With Utilization and Spending

    Kalata S, Howard R, Diaz A, Nuliyalu U, Ibrahim AM, Nathan H. JAMA Netw Open. 2023.

    For Medicare patients having elective hip replacement, being treated at a hospital whose network owns a skilled nursing facility was associated with more nursing-facility use, fewer readmissions and slightly lower total payments within 30 days.

  10. Surgical quality assurance at expanding health networks: A qualitative study

    Yang P, Diaz A, Chhabra KR, et al. Surgery. 2022.

    In interviews, surgical leaders at hospitals in expanding health networks said they wanted standardized tools for measuring quality, clear oversight of quality, and a culture shift toward quality improvement.

  11. Surgical Leadership Competencies for Navigating Hospital Network Expansion

    Yang P, Diaz A, Chhabra KR, et al. J Surg Res. 2022.

    In interviews, surgical leaders identified key skills for navigating expanding hospital networks: steering their department’s vision, aligning it with the network’s vision, and building a network-oriented culture in their department.

  12. End-of-Life Hospice Use and Medicare Expenditures Among Patients Dying of Hepatocellular Carcinoma

    Rice DR, Hyer JM, Diaz A, Pawlik TM. Ann Surg Oncol. 2021.

    Among Medicare patients who died of liver cancer, racial and ethnic minorities and those in more socially vulnerable areas were less likely to use hospice, and hospice was associated with lower inpatient and outpatient spending.

  13. Robotic total knee arthroplasty: A missed opportunity for cost savings in Bundled Payment for Care Improvement initiatives?

    Shah R, Diaz A, Phieffer L, et al. Surgery. 2021.

    Among Medicare knee replacement patients, robotic surgery was associated with lower spending than traditional surgery, reflecting shorter stays, fewer complications and less post-hospital facility care, with savings only at hospitals using robots for most cases.

  14. Complications After Complex Gastrointestinal Cancer Surgery: Benefits and Costs Associated with Inter-hospital Transfer Among Medicare Beneficiaries

    Pathak P, Dalmacy DM, Tsilimigras DI, Hyer JM, Diaz A, Pawlik TM. J Gastrointest Surg. 2021.

    Among Medicare patients with complications after complex surgery for digestive cancers, transfer to another hospital was more common after surgery at low-volume hospitals and was associated with more deaths and higher Medicare spending.

  15. Challenges and Opportunities for the Academic Mission Within Expanding Health Systems: A Qualitative Study

    Chhabra KR, Diaz A, Byrnes ME, et al. Ann Surg. 2020.

    In interviews, surgical leaders at teaching hospitals described health system expansion as mainly business-driven, sometimes disempowering department leadership but also providing resources that some used to support research and training.

  16. Variation in Surgical Spending Among the Highest Quality Hospitals for Cancer Surgery

    Diaz A, Nuliyalu U, Dimick JB, Nathan H. Ann Surg. 2020.

    For Medicare patients having cancer surgery at the hospitals with the fewest serious complications, spending still varied, driven mostly by differences in post-hospital care and readmissions rather than complications.

  17. Variations in surgical spending within hospital systems for complex cancer surgery

    Diaz A, Chhabra KR, Dimick JB, Nathan H. Cancer. 2020.

    For Medicare patients having planned cancer surgery on the pancreas, lung or colon, spending from hospital admission through 30 days after discharge varied widely both within and across hospital systems.

  18. Quality Versus Costs Related to Gastrointestinal Surgery: Disentangling the Value Proposition

    Shah R, Diaz A, Tripepi M, et al. J Gastrointest Surg. 2020. Review

    This review concludes that the link between quality and cost in digestive surgery is complex, with higher costs not always tied to better outcomes, and describes strategies such as concentrating complex operations at high-volume centers.

  19. Variation in value among hospitals performing complex cancer operations

    Diaz A, Paredes AZ, Hyer JM, Pawlik TM. Surgery. 2020.

    Among Medicare patients having planned cancer surgery on the esophagus or pancreas, the lowest-value hospitals had higher complication rates and costs than the highest-value hospitals, and costs varied widely even among the highest-quality hospitals.

  20. Local referrals as a strategy for increasing value of surgical care among medicare patients undergoing liver and pancreatic surgery

    Merath K, Chen Q, Diaz A, et al. HPB (Oxford). 2019.

    Among Medicare patients having planned liver or pancreas surgery, the highest-cost hospitals within a local area had more complications and deaths than the lowest-cost ones, suggesting local referrals to low-cost hospitals could increase value.

  21. Characterizing and Assessing the Impact of Surgery on Healthcare Spending Among Medicare Enrolled Preoperative Super-utilizers

    Hyer JM, Ejaz A, Diaz A, et al. Ann Surg. 2019.

    Among older Medicare patients having major planned surgery, the 5.3% who were very heavy health care users accounted for 39.6% of prior-year spending, and for some of them, surgery was associated with lower spending afterward.

  22. Hospital Teaching Status and Medicare Expenditures for Hepato-Pancreato-Biliary Surgery

    Chen Q, Bagante F, Merath K, …, Diaz A, et al. World J Surg. 2018.

    Among Medicare patients having liver, pancreas or bile duct surgery, care at major teaching hospitals was associated with higher Medicare payments than at non-teaching hospitals, along with fewer complications and lower 30-day death rates.