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Market restructuring and pricing in the hospital industry.
- Source :
-
Journal of Health Economics . Mar2001, Vol. 20 Issue 2, p213-237. 25p. - Publication Year :
- 2001
-
Abstract
- This paper examines the diagnosis related group-level (DRG) price effects of recent hospital mergers and acquisitions that occurred in Ohio and California. Empirical results indicate that hospital mergers and acquisitions increase prices at the DRG level. Further, price increases are greater in DRGs where the merging hospitals gained substantial market share compared to DRGs where the merging hospitals did not gain significant market share. These results suggest that DRG specific-market share plays an important role in a hospital's post-merger pricing strategy. [ABSTRACT FROM AUTHOR]
- Subjects :
- *HOSPITAL mergers
*PRICE increases
*MARKET share
*PRICING
Subjects
Details
- Language :
- English
- ISSN :
- 01676296
- Volume :
- 20
- Issue :
- 2
- Database :
- Academic Search Index
- Journal :
- Journal of Health Economics
- Publication Type :
- Academic Journal
- Accession number :
- 11937038
- Full Text :
- https://doi.org/10.1016/S0167-6296(00)00076-X