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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23871 |
来源ID | Working Paper 23871 |
Does Multispecialty Practice Enhance Physician Market Power? | |
Laurence C. Baker; M. Kate Bundorf; Daniel P. Kessler | |
发表日期 | 2017-10-02 |
出版年 | 2017 |
语种 | 英语 |
摘要 | In markets for health services, vertical integration – common ownership of producers of complementary services – may have both pro- and anti-competitive effects. Despite this, no empirical research has examined the consequences of multispecialty physician practice – a common and increasing form of vertical integration – for physician prices. We use data on 40 million commercially insured individuals from the Health Care Cost Institute to construct indices of the price of a standard office visit to general-practice and specialist physicians for the years 2008-2012. We match this to measures of the characteristics of physician practices and physician markets based on Medicare Part B claims, aggregating physicians into practices based on their receipt of payments under a common Taxpayer Identification Number. Holding fixed the degree of competition in their own specialty, we find that generalist physicians charge higher prices when they are integrated with specialist physicians, and that the effect of integration is larger in uncompetitive specialist markets. We find the same thing in the reciprocal setting – specialist prices are higher when they are integrated with generalists, and the effect is stronger in uncompetitive generalist markets. Our results suggest that multispecialty practice has anticompetitive effects. |
主题 | Health, Education, and Welfare ; Health |
URL | https://www.nber.org/papers/w23871 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581544 |
推荐引用方式 GB/T 7714 | Laurence C. Baker,M. Kate Bundorf,Daniel P. Kessler. Does Multispecialty Practice Enhance Physician Market Power?. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w23871.pdf(439KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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