The Price Effects of Hospital Mergers

The Price Effects of Hospital Mergers PDF

Author: Federal Trade Commission

Publisher:

Published: 2014-09-25

Total Pages: 30

ISBN-13: 9781502493859

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This consummated merger combined two hospitals located close together in the Oakland-Berkeley region of the San Francisco Bay Area. The greater metropolitan area contained many other hospitals that offered a similar range of services, but which were located farther away. A central issue raised by the Sutter-Summit transaction was whether travel costs were low enough such that these hospitals were a sufficient constraint on the merging parties to prevent an anticompetitive price increase. We use detailed claims data from three large health insurers to compare the post-merger price change for the merging parties to the price change for a set of control group hospitals. Our results show that Summit's price increase was among the largest of any comparable hospital in California, indicating this transaction may have been anticompetitive.

Healthcare Antitrust, Settlements, and the Federal Trade Commission

Healthcare Antitrust, Settlements, and the Federal Trade Commission PDF

Author: James Langenfeld

Publisher: Emerald Group Publishing

Published: 2018-08-30

Total Pages: 483

ISBN-13: 1787566005

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This volume of Research in Law and Economics contains articles that address important legal and economic developments in the areas of healthcare, intellectual property and labor settlements, competitive effects, cartel overcharges, and the U.S. Federal Trade Commission (FTC)

Handbook of Law and Economics

Handbook of Law and Economics PDF

Author: A. Mitchell Polinsky

Publisher: Elsevier

Published: 2007-11-07

Total Pages: 981

ISBN-13: 0080554237

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Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions — for example, by encouraging individuals to take proper precautions to prevent accidents or by discouraging competitors from colluding to raise prices. The incentives created by the legal system are thus a natural subject of study by economists. Moreover, given the importance of law to the welfare of societies, the economic analysis of law merits prominent treatment as a subdiscipline of economics. This two volume Handbook is intended to foster the study of the legal system by economists. *The two volumes form a comprehensive and accessible survey of the current state of the field. *Chapters prepared by leading specialists of the area. *Summarizes received results as well as new developments.

Managed Care and Monopoly Power

Managed Care and Monopoly Power PDF

Author: Deborah HAAS-WILSON

Publisher: Harvard University Press

Published: 2009-06-30

Total Pages: 251

ISBN-13: 0674038118

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As millions of Americans are aware, health care costs continue to increase rapidly. Much of this increase in health care costs is due to the development of new life-sustaining drugs and procedures, but part of it is due to the increased monopoly power of physicians, insurance companies, and hospitals, as the health care sector undergoes reorganization and consolidation. There are two tools to limit the growth of monopoly power: government regulation and antitrust policy. In this timely book, Deborah Haas-Wilson argues that enforcement of the antitrust laws is the tool of choice in most cases. Focusing on the economic concepts necessary to the enforcement of the antitrust laws in health care markets, Haas-Wilson provides a useful roadmap for guiding the future of these markets.