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 …

Amenities such as good food, attentive staff, and pleasant surroundings may play an important role in hospital demand … patient perspective, hospital quality therefore embodies amenities as well as clinical quality. We also find that a one …-standard-deviation increase in amenities raises a hospital's demand by 38.4% on average, whereas demand is substantially less responsive to …

The hospital industry is one of the most important industries in the U.S., and industry structure can have profound … Hospital Survey and Construction Act of 1946, known as the Hill-Burton program, on hospital capacity, organization of the … hospital industry, and utilization. We find that the program generated substantial increases in capacity and these changes were …

increase costs. We illustrate our argument with examples taken from the insurance and the hospital industries, and discuss …

for diseases with the greatest profitability and demand elasticity. Most empirical evidence regarding hospital competition …Theoretical models of competition with fixed prices suggest that hospitals should compete by increasing quality of care … – ambulances usually take patients to the closest (or affiliated) hospital. In this paper, we derive a theoretically appropriate …

In this paper we examine the causal impact of competition on management quality. We analyze the hospital sector where … geographic proximity is a key determinant of competition, and English public hospitals where political competition can be used to … survival rates from emergency heart attack admissions (AMI). More importantly, we find that higher competition (as indicated by …

The impact of insurer competition on welfare, negotiated provider prices, and premiums in the U.S. private health care … industry is theoretically ambiguous. Reduced competition may increase the premiums charged by insurers and their payments made … hospital-insurer bargaining over premiums and reimbursements, household demand for insurance, and individual demand for …

This study assessed the effect of hospital competition and HMO penetration on mortality after hospitalization for six … and hospital competition, HMO penetration, and hospital and patient characteristics as explanatory variables. Higher … hospital competition was associated with lower mortality in California and New York, but not Wisconsin. In addition, higher HMO …

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 …There has been considerable consolidation in the hospital industry in recent years. Over 900 deals occurred from 1994 …