, we find that both kinds of competition lower interest rates, at least in the hospital sector …

We study the consequences of hospital competition for Medicare beneficiaries' heart attack care from 1985 to 1994. We … examine how relatively exogenous determinants of hospital choice such as travel distances influence the competitiveness of … hospital markets, and how hospital competition interacts with the influence of managed care organizations to affect the key …

applied to health care: hospital mergers, monopsony, and foreclosure. In each of these sections we review the relevant …

the hospital industry, where the courts have denied seven of eight merger challenges since 1994, due largely to … previously employed methods overstate hospital demand elasticities by a factor of 2.4 to 3.4 and define larger markets than would … environment for hospital mergers …

substantial "offset" effects in terms of increased hospital utilization in response to the combination of higher copayments for …

In the 1990s the US hospital industry consolidated. This paper estimates the impact of the wave of hospital mergers on …. The estimates indicate that the aggregate magnitude of the impact of hospital mergers is modest but not trivial. In 2001 …, average HMO premiums are estimated to be 3.2% higher than they would have been absent any hospital merger activity during the …

There has been considerable consolidation in the hospital industry in recent years. Over 900 deals occurred from 1994 … in consolidation has led to concern about competition in local markets for hospital services. We examine the effect of … market structure on competition in local hospital markets -- specifically, does the hardness of competition increase with the …