Mergers When Prices Are Negotiated: Evidence from the Hospital Industry
نویسندگان
چکیده
منابع مشابه
Mergers When Prices Are Negotiated: Evidence from the Hospital Industry
We estimate a bargaining model of competition between hospitals and managed care organizations (MCOs) and use the estimates to evaluate the effects of hospital mergers. We find that MCO bargaining restrains hospital prices significantly. The model demonstrates the potential impact of coinsurance rates, which allow MCOs to partly steer patients towards cheaper hospitals. We show that increasing ...
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ژورنال
عنوان ژورنال: American Economic Review
سال: 2015
ISSN: 0002-8282
DOI: 10.1257/aer.20130223