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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 …
Persistent link: https://www.econbiz.de/10013131822
payment for skilled nursing facilities (SNF PPS) in geographic areas with high versus low levels of hospital/SNF integration …
Persistent link: https://www.econbiz.de/10013120946
Cross-subsidies are often considered the principal mechanism through which hospitals provide unprofitable care. Yet, hospitals' reliance on and extent of cross-subsidization are difficult to establish. We exploit entry by cardiac specialty hospitals as an exogenous shock to incumbent hospitals'...
Persistent link: https://www.econbiz.de/10013121091
hospital-insurer bargaining over premiums and reimbursements, household demand for insurance, and individual demand for … with the remaining insurers. We also document substantial heterogeneity in hospital price adjustments upon the removal of …
Persistent link: https://www.econbiz.de/10013076578
Unlike in the production of most goods, changes in capacity for labor-intensive services only affect outcomes of interest insofar as service providers change the way they allocate their time in response to those capacity changes. In this paper, we examine how public sector service providers...
Persistent link: https://www.econbiz.de/10012889489
substantial quot;offsetquot; effects in terms of increased hospital utilization in response to the combination of higher …
Persistent link: https://www.econbiz.de/10012760309
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 …
Persistent link: https://www.econbiz.de/10012761573
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 …
Persistent link: https://www.econbiz.de/10012762095
in the charity care supply equations. This raises the possibility that competitive pressures and limits on hospital …
Persistent link: https://www.econbiz.de/10013217943
hospital data on electrophysiological studies, an invasive cardiac procedure, I find evidence of entry-deterring investment in …
Persistent link: https://www.econbiz.de/10013222631