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Mergers When Prices are Negotiated: Evidence from the Hospital Industry
Nevo, Aviv; Gowrisankaran, Gautam; Town, Robert - National Bureau of Economic Research (NBER) - 2013
We estimate a bargaining model of competition between hospitals and managed care organizations (MCOs) and use the estimates to evaluate the effects of hospital mergers. We find that MCO bargaining restrains hospital prices significantly. The model demonstrates the potential impact of coinsurance...
Persistent link: https://www.econbiz.de/10010796731
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Mergers When Prices Are Negotiated: Evidence from the Hospital Industry
Gowrisankaran, Gautam; Nevo, Aviv; Town, Robert - In: American Economic Review 105 (2015) 1, pp. 172-203
We estimate a bargaining model of competition between hospitals and managed care organizations (MCOs) and use the estimates to evaluate the effects of hospital mergers. We find that MCO bargaining restrains hospital prices significantly. The model demonstrates the potential impact of coinsurance...
Persistent link: https://www.econbiz.de/10011107216
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Mergers when prices are negotiated: Evidence from the hospital industry
Gowrisankaran, Gautam; Nevo, Aviv; Town, Robert - 2013
We estimate a bargaining model of competition between hospitals and managed care organizations (MCOs) and use the estimates to evaluate the effects of hospital mergers. We find that MCO bargaining restrains hospital prices significantly. The model demonstrates the potential impact of coinsurance...
Persistent link: https://www.econbiz.de/10010332128
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Mergers when prices are negotiated : evidence from the hospital industry
Gowrisankaran, Gautam; Nevo, Aviv; Town, Robert J. - In: The American economic review 105 (2015) 1, pp. 172-203
Persistent link: https://www.econbiz.de/10010518822
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Mergers when prices are negotiated : evidence from the hospital industry
Gowrisankaran, Gautam; Nevo, Aviv; Town, Robert J. - 2013
We estimate a bargaining model of competition between hospitals and managed care organizations (MCOs) and use the estimates to evaluate the effects of hospital mergers. We find that MCO bargaining restrains hospital prices significantly. The model demonstrates the potential impact of coinsurance...
Persistent link: https://www.econbiz.de/10010233156
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Mergers when prices are negotiated : evidence from the hospital industry
Gowrisankaran, Gautam; Nevo, Aviv; Town, Robert J. - 2013
Persistent link: https://www.econbiz.de/10009730702
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Mergers When Prices are Negotiated : Evidence from the Hospital Industry
Gowrisankaran, Gautam - 2013
We estimate a bargaining model of competition between hospitals and managed care organizations (MCOs) and use the estimates to evaluate the effects of hospital mergers. We find that MCO bargaining restrains hospital prices significantly. The model demonstrates the potential impact of coinsurance...
Persistent link: https://www.econbiz.de/10012459786
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Brief of Amici Curiae Economics Professors in Federal Trade Commission v. Phoebe Putney Health System (U.S. Supreme Court)
Black, Bernard S.; Dranove, David; Capps, Cory S.; … - 2013
This amicus brief was filed in Federal Trade Commission v. Phoebe Putney Health System, Inc., in which the FTC has obtained review of an 11th Circuit decision that insulated a merger of two nonprofit hospitals from antitrust scrutiny. We make two arguments in the amicus brief. First, there is no...
Persistent link: https://www.econbiz.de/10014165210
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Mergers When Prices are Negotiated : Evidence from the Hospital Industry
Gowrisankaran, Gautam - 2013
We estimate a bargaining model of competition between hospitals and managed care organizations (MCOs) and use the estimates to evaluate the effects of hospital mergers. We find that MCO bargaining restrains hospital prices significantly. The model demonstrates the potential impact of coinsurance...
Persistent link: https://www.econbiz.de/10013085491