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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24926 |
来源ID | Working Paper 24926 |
Mergers and Marginal Costs: New Evidence on Hospital Buyer Power | |
Stuart Craig; Matthew Grennan; Ashley Swanson | |
发表日期 | 2018-08-20 |
出版年 | 2018 |
语种 | 英语 |
摘要 | We estimate the effects of horizontal mergers on marginal cost efficiencies – an ubiquitous merger justification – using data containing supply purchase orders from a large sample of US hospitals 2009-2015. The data provide a level of detail that has been difficult to observe previously, and a variety of product categories that allows us to examine economic mechanisms underlying “buyer power.” We find that merger target hospitals save on average $176 thousand (or 1.5 percent) annually, driven by geographically local efficiencies in price negotiations for high-tech “physician preference items.” We find only mixed evidence on savings by acquirers. |
主题 | Health, Education, and Welfare ; Health ; Industrial Organization ; Antitrust |
URL | https://www.nber.org/papers/w24926 |
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/582600 |
推荐引用方式 GB/T 7714 | Stuart Craig,Matthew Grennan,Ashley Swanson. Mergers and Marginal Costs: New Evidence on Hospital Buyer Power. 2018. |
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 | ||
w24926.pdf(808KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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