Nakamura, Sayaka; Capps, Cory; Dranove, David - In: Journal of Economics & Management Strategy 16 (2007) 4, pp. 995-1030
"Acquiring outlying community hospitals is one approach commonly used by large tertiary care hospitals to increase referrals. Sophisticated acquirers may also seek to selectively increase referrals of more profitable patients. To explore these issues, we study vertical hospital acquisitions....