this, the UK government has pursued an active policy of hospital merger. These mergers are initiated by a regulator, acting … on behalf of the public, and justified on the grounds that merger will improve outcomes. We examine whether this promise … involved in a merger, but that politics means that selection for a merger may be random with respect to future performance. We …

, average HMO premiums are estimated to be 3.2% higher than they would have been absent any hospital merger activity during the …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 …

merger on market outcomes can be obtained. Using this methodology, I evaluate the impact of independent hospital mergers … effect of a merger on the behavior of rival firms, and instrumenting for these mergers, unbiased estimates of the effect of a … between 1989 and 1996 on rivals' prices. I find sharp increases in rivals' prices following a merger, with the greatest effect …

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

, hospital services, and physician services. We will discuss the potential implications of the restructuring of the health care …

This paper examines consolidation in the Massachusetts hospital market. We find that consolidation is driven primarily … by a large decline in the demand for hospital beds, resulting from increased enrollment in managed care and technological …

or service, but are bundled by a common intermediary. Focusing on hospital mergers across distinct geographic markets, we … higher prices (or lower-quality care). Using data on hospital mergers from 1996-2012, we find support that this mechanism … operates within state boundaries: cross-market, within-state hospital mergers yield price increases of 7-9 percent for …

We estimate the effects of horizontal mergers on marginal cost efficiencies – an ubiquitous merger justification … mechanisms underlying “buyer power.” We find that merger target hospitals save on average $176 thousand (or 1.5 percent) annually …

example, U.S. antitrust agencies lost several hospital merger challenges when evidence showed that a nontrivial fraction of … estimate a random coefficients logit model of hospital demand and use the estimates to predict the increase in price that … even in suburban areas with high outflows of consumers, some hospital mergers could lead to significant price increases …