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managed care enrollment significantly reduces hospital cost growth. While some of this effect is offset by increased spending … on physicians, we generally find a significant reduction in total spending as well. In analyzing the sources of hospital …
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managed care enrollment significantly reduces hospital cost growth. While some of this effect is offset by increased spending … on physicians, we generally find a significant reduction in total spending as well. In analyzing the sources of hospital …
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This paper addresses the key determinants of merger failure, in particular the role of innovation (post-merger performance) and technology (ex-ante selection) when firms decide to separate. After a brief review of the existing literature we introduce a model of process innovation where merged...
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