Conclusion

Volker Eric Amelung
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Volker Eric Amelung: Hannover Medical School

Chapter 8 in Healthcare Management, 2013, pp 93-95 from Springer

Abstract: Abstract Managed care leads to a considerable increase in the number of different institutional arrangements. The former “cottage industry” of healthcare has transformed into a differentiated service industry with diverse providers. There are several reasons for the development from the simple division of the delivery and purchasing of services to this variety of different organisational forms. The most important objectives are: Lowering of transaction costs, Utilisation of economies of scale, Development of market power as a defence strategy, Diversification in an emergent consultancy market, Creation of investment markets and Creation of greater choice. Usually it is not just a single aspect which plays a decisive role, but several at the same time.

Keywords: Transaction Cost; Market Power; Organisational Form; Investment Market; Cottage Industry (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1007/978-3-642-38712-8_8

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