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来源类型Working Paper
规范类型报告
DOI10.3386/w22039
来源IDWorking Paper 22039
Transparency and Negotiated Prices: The Value of Information in Hospital-Supplier Bargaining
Matthew Grennan; Ashley Swanson
发表日期2016-02-29
出版年2016
语种英语
摘要Using a detailed dataset of hospitals' purchase orders, we find that information on purchasing by peer hospitals leads to reductions in the prices hospitals negotiate for supplies. Identification is based on staggered access to information across hospitals over time. Within coronary stents, reductions are concentrated among hospitals previously paying relatively high prices and for brands purchased in large volumes, and are consistent with resolving asymmetric information problems. Estimates across a large number of other important product categories indicate that the effects of information are largest in both absolute and relative terms for physician preference items (PPIs). Among PPIs, high-price, high-quantity hospital-brand combinations average 3.9 percent savings, versus 1.6 percent for commodities.
主题Microeconomics ; Market Structure and Distribution ; Economics of Information ; Health, Education, and Welfare ; Health ; Industrial Organization ; Market Structure and Firm Performance
URLhttps://www.nber.org/papers/w22039
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/579712
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Matthew Grennan,Ashley Swanson. Transparency and Negotiated Prices: The Value of Information in Hospital-Supplier Bargaining. 2016.
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