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来源类型Working Paper
规范类型报告
DOI10.3386/w22106
来源IDWorking Paper 22106
The Price Effects of Cross-Market Hospital Mergers
Leemore Dafny; Kate Ho; Robin S. Lee
发表日期2016-03-21
出版年2016
语种英语
摘要We consider the effect of mergers between firms whose products are not viewed as direct substitutes for the same good or service, but are bundled by a common intermediary. Focusing on hospital mergers across distinct geographic markets, we show that such combinations can reduce competition among merging hospitals for inclusion in insurers' networks, leading to higher prices (or lower-quality care). Using data on hospital mergers from 1996-2012, we find support that this mechanism operates within state boundaries: cross-market, within-state hospital mergers yield price increases of 7-9 percent for acquiring hospitals, whereas out of state acquisitions do not yield significant increases.
主题Health, Education, and Welfare ; Health ; Industrial Organization ; Market Structure and Firm Performance
URLhttps://www.nber.org/papers/w22106
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/579780
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GB/T 7714
Leemore Dafny,Kate Ho,Robin S. Lee. The Price Effects of Cross-Market Hospital Mergers. 2016.
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