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The United States relies on charitable medical care to serve the uninsured, most of which is offered by hospitals that act as providers of last resort and that constitute the safety net. Traditionally, these hospitals have been able to finance their provision of unfunded care through a complex...
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This paper examines the impact of managed care on the local hospital market structure. During the 1990s, managed care … increased its presence rapidly in the healthcare market, and local hospital markets became more concentrated through closures … the literature that the hospital market concentration and managed care market penetration have little correlation …
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