Connor, Robert; Feldman, Roger; Dowd, Bryan - In: International Journal of the Economics of Business 5 (1998) 2, pp. 159-180
(including 112 within-market-area mergers) from 1986 to 1994 to investigate the effects of market concentration, hospital mergers … hospital mergers produced average cost savings of approximately 5%, which were generally passed on to consumers as lower prices …