Showing 1 - 10 of 18,821
market. We depart from the standard healthcare service pricing model and allow physicians to (partially) adjust patient … quantities supports the hypothesis that physicians respond to insurer price differences: A 10% increase in private prices …
Persistent link: https://www.econbiz.de/10011800829
This paper examines the behaviour of public hospitals in response to the average payment incentives created by price changes for patients classified in different Diagnosis Related Groups (DRGs). Using panel data on public hospitals located within the Italian region of Emilia-Romagna, we test...
Persistent link: https://www.econbiz.de/10011713787
effectiveness of these incentives, however, depends both on physicians' price sensitivity and their knowledge of patient prices. We … information. Applying this model to diabetes care, we find that physicians lack detailed price information and are more price …-elastic than full-information models imply. We predict that providing physicians detailed information on prices at the point of …
Persistent link: https://www.econbiz.de/10014468214
We provide an in-depth analysis of the price effects of two hospital mergers that occurred in the north shore suburbs … of Chicago in early 2000: Evanston Northwestern Healthcare's (ENH) purchase of Highland Park Hospital (HPH) and the … merger of St. Therese Medical Center (STMC) and Victory Memorial Hospital (VMH). Using standard difference …
Persistent link: https://www.econbiz.de/10014211377
The Federal Trade Commission initiated a Hospital Merger Retrospective Project in 2002 to analyze the effects of … Columbia Cape Fear Memorial Hospital ("Cape Fear") in Wilmington, North Carolina. In this paper, we employ patient-level claims …
Persistent link: https://www.econbiz.de/10014211441
This paper evaluates the impact of reference pricing on prices and co-payments in the (German) market for off-patent pharmaceuticals. We present a theoretical model with price-sensitive and loyal consumers that shows that a decrease in the reference price affects the consumers' co-payments in a...
Persistent link: https://www.econbiz.de/10010489291
Although personalized medicine is becoming the new paradigm to manage some diseases, the economics of personalized medicine have only focused on assessing the efficiency of specific treatments, lacking a theoretical framework analyzing the interactions between pharmaceutical firms and healthcare...
Persistent link: https://www.econbiz.de/10011586604
Health insurances curb price insensitive behavior and moral hazard of insureds through different types of cost-sharing, such as tiered co-payments or reference pricing. This paper evaluates the effect of newly introduced price limits below which drugs are exempt from co-payments on the pricing...
Persistent link: https://www.econbiz.de/10012982257
Health care markets often lack a market force because the presence of health insurance undermines price signals. Patients have little incentive to shop for low-priced alternatives because they do not bear the full cost of their health care consumption. In turn, producers lack incentives to...
Persistent link: https://www.econbiz.de/10014551351
Using a spatial competition framework with three ex ante identical hospitals, we study the effects of a hospital merger … on quality, price and welfare. The merging hospitals always reduce quality, but the non-merging hospital responds by … responsiveness to quality is sufficiently low, whereas the non-merging hospital always increases its price. If prices are endogenous …
Persistent link: https://www.econbiz.de/10013083187