Hospital Competition and Bargaining: Higher Prices or Greater Innovation?
Ostrove Auditorium, Diamond Building, Colby College Mayflower Hill Drive, Waterville, MEIn recent years, many hospitals have merged, increasing the concentration of hospital markets and raising concerns about the price and quality of care. How is hospital consolidation affecting the already high health care expenditures in the U.S.? Because hospital competition for privately insured patients occurs through price negotiations between hospitals and insurers, an estimation of bargaining […]