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ABSTRACT
This study examines the impact of Michigan and Indiana Right-to-Work (RTW) laws passed in 2012 on the financials (assets, revenue, operating expenses, and profitability) of their hospitals. Difference-in-difference regressions indicate that, on average, RTW enactments by the two states is associated with significant increase in assets (buildings and fixed equipment), net income, operating margin, and ROA of their hospitals compared to those in states with RTW laws or without RTW laws as the control group.
Disclosure statement
No potential conflict of interest was reported by the author(s).
Data availability statement
Due to the nature of ongoing work on related studies, the authors do not agree for their data to be shared publicly, so supporting data is not available.
Additional information
Funding
The work was supported by the Seidman College of Business [$5,000].