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Table 2 Summary statistics

From: The impact of agglomeration economies on hospital input prices

 

Mean

Std. dev.

Price of

 Basic Metabolic Panel (CPT 80048)

10.43

7.13

 General Health Panel (CPT 80050)

33.50

22.03

 Electrolyte Panel (CPT 80051)

8.41

7.79

 Lipid Panel (CPT 80061)

16.88

10.47

 Hepatic Function Panel (CPT 80076)

11.12

7.71

 Urinalysis with Microscopy (CPT 81001)

5.19

8.33

 Urinalysis without Microscopy (CPT 81003)

3.62

3.02

 Urine Test for Renal Disease or Diabetes (CPT 82043)

10.29

8.08

 Test for Alpha-Fetoprotein Levels (CPT 82105)

19.93

16.51

 Another Hepatic Function Panel (CPT 82150)

8.13

6.24

Total Number of Hospital Beds (100 s)

11.32

12.96

Medical Lab Employment (100 s)

3.49

65.56

Population Density (1,000 s per Square Mile)

0.70

3.40

Area (1,000 s of Square Miles)

3.79

4.41

Average Size of Local Hospitals (100 s of Beds)

1.51

0.92

Lab Technician Licensure Requirements

0.2222

0.4157

Percentage of Uninsured Population

0.1976

0.0570

Per Capita Income (USD)

34757.31

10742.11

Percentage of Lower than High School Education

0.0784

0.0424

Percentage of Non-White

0.1625

0.1306

Percentage of Greater than 65 Years Old

0.1403

0.0297