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 …

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

Applying principles of merger evaluation to the health care industry in general, and to hospital markets in particular … suggest a new empirical approach to assessing the impact of hospital competition which addresses the shortcomings of existing … how our methods can be used to assess the welfare implications of specific hospital mergers, and with some implications of …

, 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 …

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 …

Despite the continuing US hospital merger wave, it remains unclear how mergers change, or fail to change, hospital … behavior and performance. We open the "black box" of hospital practices through a mega-merger between two for-profit chains …. Benchmarking the merger's effects against the acquirer's stated aims, we show they achieved some of their goals, harmonizing …

, 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 …