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来源类型Working Paper
规范类型报告
DOI10.3386/w18875
来源IDWorking Paper 18875
Mergers When Prices are Negotiated: Evidence from the Hospital Industry
Gautam Gowrisankaran; Aviv Nevo; Robert Town
发表日期2013-03-08
出版年2013
语种英语
摘要We estimate a bargaining model of competition between hospitals and managed care organizations (MCOs) and use the estimates to evaluate the effects of hospital mergers. We find that MCO bargaining restrains hospital prices significantly. The model demonstrates the potential impact of coinsurance rates, which allow MCOs to partly steer patients towards cheaper hospitals. We show that increasing patient coinsurance tenfold would reduce prices by 16%. We find that a proposed hospital acquisition in Northern Virginia that was challenged by the Federal Trade Commission would have significantly raised hospital prices. Remedies based on separate bargaining do not alleviate the price increases.
主题Health, Education, and Welfare ; Health ; Industrial Organization ; Market Structure and Firm Performance ; Nonprofits
URLhttps://www.nber.org/papers/w18875
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/576550
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Gautam Gowrisankaran,Aviv Nevo,Robert Town. Mergers When Prices are Negotiated: Evidence from the Hospital Industry. 2013.
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