operates within state boundaries: cross-market, within-state hospital mergers yield price increases of 7-9 percent for … or service, but are bundled by a common intermediary. Focusing on hospital mergers across distinct geographic markets, we … higher prices (or lower-quality care). Using data on hospital mergers from 1996-2012, we find support that this mechanism …

We analyze the economic consequences of rising health care prices in the US. Using exposure to price increases caused … by horizontal hospital mergers as an instrument, we show that rising prices raise the cost of labor by increasing …

by 15.9% and hospital costs by 4.7%. Our estimation results show that the effects on charge prices do not last as long as … negotiated prices, while low-price hospitals increase charges; (2) hospital characteristics such as ownership, case mix, and … payer mix; and (3) hospital size and market competition. We also conduct counterfactuals to predict price changes of non …

differential merger outcomes are caused mostly by firms' technology or product market attributes. Furthermore, empirical merger …. We allow the merger responses to vary across firms, even after controlling for regressors, and apply a random …' postmerger output further increases (and postmerger price further declines) if merging firms are more efficient, operate in more …

The introduction of hospital reimbursement based on diagnosis related groups (DRG) in 2004 has been a conspicuous … attempt to increase hospital efficiency in the German health sector. In this paper changes of hospital efficiency, quantified … of negative spatial spillovers among German hospital performance can be diagnosed. This result is in line with a rise of …