Change, Consolidation, and Competition in Health Care Markets

Martin Gaynor and Deborah Haas-Wilson (dhwilson@smith.edu)

HEW from University Library of Munich, Germany

Abstract: The health care industry is being transformed. Large firms are merging and acquiring other firms. Alliances and contractual relations between players in this market are shifting rapidly. Within the next few years, many markets are predicted to be dominated by a few large firms. Antitrust enforcement authorities like the Department of Justice and the Federal Trade Commission, as well as courts and legislators at both the federal and state levels, are struggling with the implications of these changes for the nature and consequences of competition in health care markets. In this paper we summarize the nature of the changes in the structure of the health care industry. We will focus on the markets for health insurance, hospital services, and physician services. We will discuss the potential implications of the restructuring of the health care industry for competition, efficiency, and public policy. As will become apparent, this area offers a number of intriguing questions for inquisitive researchers.

Keywords: Health care; competition; antitrust; consolidation (search for similar items in EconPapers)
JEL-codes: I11 L1 L4 (search for similar items in EconPapers)
Pages: 49 pages
Date: 1998-09-01
New Economics Papers: this item is included in nep-hea
Note: Type of Document - acrobat; prepared on IBM PC; pages: 49; figures: none
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/hew/papers/9809/9809001.pdf (application/pdf)

Related works:
Journal Article: Change, Consolidation, and Competition in Health Care Markets (1999)
Working Paper: Change, Consolidation, and Competition in Health Care Markets (1998)
Working Paper: Change, Consolidation, and Competition in Health Care Markets
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:wpa:wuwphe:9809001

Access Statistics for this paper

More papers in HEW from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA (volker.schallehn@ub.uni-muenchen.de this e-mail address is bad, please contact repec@repec.org).