PRICE EFFECTS OF A MERGER: EVIDENCE FROM A PHYSICIANS' MARKET
Thomas Koch and
Shawn W. Ulrick
Economic Inquiry, 2021, vol. 59, issue 2, 790-802
Abstract:
The relationship between physician concentration and prices is of interest to policy makers, public health officials, and insurers. We examine how a merger of orthopaedic physicians in Berks County, Pennsylvania, affected prices. We use claims‐level data from three private payors in the region to compare the price changes of the merged practices to those in nearby areas plausibly not affected by the merger. The merged practices increased prices to two of the three payors by 10–20%, while prices in the control geographies remained largely unchanged, on average, suggesting prices increased due to postmerger increases in market power. (JEL I13, K21, L4)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://doi.org/10.1111/ecin.12954
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bla:ecinqu:v:59:y:2021:i:2:p:790-802
Ordering information: This journal article can be ordered from
https://ordering.onl ... s.aspx?ref=1465-7295
Access Statistics for this article
Economic Inquiry is currently edited by Tim Salmon
More articles in Economic Inquiry from Western Economic Association International Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().