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characteristics. The findings are best explained by differences in the objectives adopted by hospital types rather than differences in … capital constraints faced by them. Preliminary evidence suggests that hospital behavior depends on the ownership form of …
Persistent link: https://www.econbiz.de/10012467307
outpatient and inpatient care. Our results indicate that greater outpatient spending was associated with more hospital admissions … increase in hospital admissions associated with greater outpatient spending was for conditions in which it is plausible to …
Persistent link: https://www.econbiz.de/10012460405
Cross-subsidies are often considered the principal mechanism through which hospitals provide unprofitable care. Yet, hospitals' reliance on and extent of cross-subsidization are difficult to establish. We exploit entry by cardiac specialty hospitals as an exogenous shock to incumbent hospitals'...
Persistent link: https://www.econbiz.de/10012461357
the hospital industry, where the courts have denied seven of eight merger challenges since 1994, due largely to … previously employed methods overstate hospital demand elasticities by a factor of 2.4 to 3.4 and define larger markets than would … environment for hospital mergers …
Persistent link: https://www.econbiz.de/10012462001
The growth of unionization among hospital workers was sharply accelerated by the 1974 amendments to the NLRA covering … voluntary hospital workers. With continuing inflationary pressures in the hospital sector, the cost implications of the recent … and projected growth of hospital unions is of some concern to policy-makers . This paper presents estimates of union cost …
Persistent link: https://www.econbiz.de/10012478161
case of hospital mergers across distinct geographic markets ("cross-market" mergers), we show that such combinations can …. We test our theoretical predictions using two samples of cross-market hospital mergers, focusing exclusively on hospitals …. The results suggest that cross-market, within-state hospital mergers increase hospital systems' leverage when bargaining …
Persistent link: https://www.econbiz.de/10012456568
to obtain Sleep discounts off list prices from providers. I study hospital responses to the advent of price competition … in California over the 1984-1988 period. I note that, due to the nature of hospital bargaining with PPOs, hospitals … should face more competitive pressure in hospital markets that arc more competitive ex-ante. This hypothesis is supported by …
Persistent link: https://www.econbiz.de/10012474777
comparable clinical quality across hospital types. How specialty hospitals can maintain such a price premium remains an open …
Persistent link: https://www.econbiz.de/10013388780
We characterize the evolution of markups for consumer products in the United States from 2006 to 2019. Using detailed data on prices and quantities for products in more than 100 distinct product categories, we estimate flexible demand systems and recover markups under an assumption that firms...
Persistent link: https://www.econbiz.de/10014635702
When a product's product provision entails fixed costs, it will be made available only if a sufficient number of people want it. Some products are produced and consumed locally, so that provision requires not only a large group favoring the product but a large number nearby. Just as one has an...
Persistent link: https://www.econbiz.de/10012466699