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来源类型Working Paper
规范类型报告
DOI10.3386/w24926
来源IDWorking 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
URLhttps://www.nber.org/papers/w24926
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/582600
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GB/T 7714
Stuart Craig,Matthew Grennan,Ashley Swanson. Mergers and Marginal Costs: New Evidence on Hospital Buyer Power. 2018.
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