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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w12244 |
来源ID | Working Paper 12244 |
The Welfare Consequences of Hospital Mergers | |
Robert Town; Douglas Wholey; Roger Feldman; Lawton R. Burns | |
发表日期 | 2006-05-15 |
出版年 | 2006 |
语种 | 英语 |
摘要 | In the 1990s the US hospital industry consolidated. This paper estimates the impact of the wave of hospital mergers on welfare focusing on the impact on consumer surplus for the under-65 population. For the purposes of quantifying the price impact of consolidations, hospitals are modeled as an input to the production of health insurance for the under-65 population. The estimates indicate that the aggregate magnitude of the impact of hospital mergers is modest but not trivial. In 2001, average HMO premiums are estimated to be 3.2% higher than they would have been absent any hospital merger activity during the 1990s. In 2003, we estimate that because of hospital mergers private insurance rolls declined by approximately .3 percentage points or approximately 695,000 lives with the vast majority of those who lost private insurance joining the ranks of the uninsured. Our estimates imply that hospital mergers resulted in a cumulative consumer surplus loss of over $42.2 billion between 1990 and 2001. It is estimated that all but a modest $95.4 million of the loss in consumer surplus is transferred from consumers to providers. |
主题 | Health, Education, and Welfare ; Health ; Industrial Organization ; Market Structure and Firm Performance ; Antitrust |
URL | https://www.nber.org/papers/w12244 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/569898 |
推荐引用方式 GB/T 7714 | Robert Town,Douglas Wholey,Roger Feldman,et al. The Welfare Consequences of Hospital Mergers. 2006. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w12244.pdf(261KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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