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Pre- and Post-Merger Investigation of Hospital Mergers
Sinay, Ugur Tony - In: Eastern Economic Journal 24 (1998) 1, pp. 83-97
In the late 1980s, the Prospective Payment System and the expansion of managed care plans forced hospitals to be cost efficient. The increased number of hospital mergers suggests that merging is a way to become more efficient to ensure long-run survival. This study presents an economic framework...
Persistent link: https://www.econbiz.de/10005770012
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Is it Possible to Have Cheaper Drugs and Preserve the Incentive to Innovate? The Benefits of Privatizing the Drug Approval Process
Sauer, Robert M. - 2014
In this paper, we argue that lower prices for pharmaceuticals can be achieved by fostering a new type of competition in the pharmaceutical industry. Lower drug development costs, and hence prices, can be brought about by abolishing national drug administrations and replacing them with private...
Persistent link: https://www.econbiz.de/10012752308
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"Impacts of Patent Expiry and Regulatory Policies on Daily Cost of Pharmaceutical Treatments: OECD Countries, 2004-2010"
Berndt, Ernst; Dubois, Pierre - Institut d'Économie Industrielle (IDEI), Toulouse … - 2012
Cross-country variability in regulatory frameworks, industrial policy, physician/pharmacy autonomy, brand/generic distinctions, and in the practice of medicine contributes to ambiguous interpretations of pharmaceutical cost comparisons. Here we report cross-country comparisons that: (i) focus on...
Persistent link: https://www.econbiz.de/10010852302
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Learning-by-Doing in a Highly Skilled Profession When Stakes Are High: Evidence from Advanced Cancer Surgery
Avdic, Daniel; Lundborg, Petter; Vikström, Johan - Institute for the Study of Labor (IZA) - 2014
Although learning-by-doing is believed to be an important source of productivity growth, there is limited evidence that production volume affects productivity in a causal sense. We document evidence of learning-by-doing in a highly skilled profession where stakes are high; advanced cancer...
Persistent link: https://www.econbiz.de/10010884321
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Learning-by-Doing in a Highly Skilled Profession when Stakes are High: Evidence from Advanced Cancer Surgery
Avdic, Daniel; Lundborg, Petter; Vikström, Johan - Nationalekonomiska Institutionen, Uppsala Universitet - 2014
Although learning-by-doing is believed to be an important source of productivity growth, there is limited evidence that production volume affects productivity in a causal sense. We document evidence of learning-by-doing in a highly skilled profession where stakes are high; advanced cancer...
Persistent link: https://www.econbiz.de/10010945096
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Specialty drug prices and utilization after loss of U.S. patent exclusivity, 2001-2007
Conti, Rena M.; Berndt, Ernst R. - National Bureau of Economic Research (NBER) - 2014
We examine the impact of loss of U.S. patent exclusivity (LOE) on the prices and utilization of specialty drugs between 2001 and 2007. We limit our empirical cohort to drugs commonly used to treat cancer and base our analyses on nationally representative data from IMS Health. We begin by...
Persistent link: https://www.econbiz.de/10010950850
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Pharmaceutical prices under regulation: Tiered co-payments and reference pricing in Germany
Herr, Annika; Suppliet, Moritz - Düsseldorf Institute for Competition Economics (DICE), … - 2012
Many countries with national health care providers and health insurances regulate the market for pharmaceuticals to steer drug demand and to control expenses. For example, they introduce reference pricing or tiered co-payments to enhance drug substitution and competition. Since 2006, Germany...
Persistent link: https://www.econbiz.de/10010956760
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Prescribing behavior of General Practitioners: Competition matters
Schaumans, Catherine - In: Health Policy 119 (2015) 4, pp. 456-463
General Practitioners (GP) have limited means to compete. As quality is hard to observe by patients, GPs have incentives to signal quality by using instruments patients perceive as quality.
Persistent link: https://www.econbiz.de/10011263928
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Efficiency, Growth and Concentration: an Empirical Analysis of Hospital MArkets.
Mobley, L.R.; Frech III, H.E. - 1998
Taking evolutionary view of markets, Harold Demsetz hypothesized that firms differ persistently in efficiency and that industry concentration results from growth of efficient firms at the expense of inefficient ones. We test the hypothesis with high quality microdata from the US hospital...
Persistent link: https://www.econbiz.de/10005245482
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Does the Profit Motive Make Jack Nimble? Ownership Form and the Evolution of the U.S. Hospital Industry
Gaynor, Martin; Klepper, Steven; Vogt, William; … - National Bureau of Economic Research (NBER) - 2005
entry and exit behavior. We develop theoretical predictions based on the model of Lakdawalla and Philipson, in which for … be quicker to enter and exit than not-for-profits in response to changing market conditions. We test this hypothesis … using data for all U.S. hospitals from 1984 through 2000. Examining annual and regional entry and exit rates, for …
Persistent link: https://www.econbiz.de/10005085246