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Table 1 Benefits and Costs of Certificate of Need (millions of 2008 dollars)

From: Certificate of need laws: a systematic review and cost-effectiveness analysis

  

DISTRIBUTION

EXPECTED

Lower bound

(5%)

25%

75%

Upper bound

(95%)

Benefits

$ 3647

$ 1658

$ 2791

$ 4471

$ 5821

Costs

3949

932

1965

5185

9380

Net Costs

302

(3556)

(1754)

1768

5987

Benefit: Cost Ratio

0.92

0.30

0.65

1.86

4.08

Cost-Benefit Ratio

1.08

0.24

0.54

1.57

3.34

  1. Probability benefits exceed costs: 54%