Market Definitions and Hospital Rivalry
Author: Stephanie A. So
Publisher:
Published: 1997
Total Pages: 36
ISBN-13:
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Author: Stephanie A. So
Publisher:
Published: 1997
Total Pages: 36
ISBN-13:
DOWNLOAD EBOOKAuthor: Martin Gaynor
Publisher: Now Publishers Inc
Published: 2006
Total Pages: 83
ISBN-13: 1601980078
DOWNLOAD EBOOKProvides an economic assessment of the impact of competition on quality in health care markets. This book offers performance standards for competition; findings from economic theory; and, empirical evidence on health care competition and quality.
Author:
Publisher: American Bar Association
Published: 2003
Total Pages: 222
ISBN-13: 9781590312230
DOWNLOAD EBOOKThe health care industry continues to undergo unprecedented consolidation. Health care providers and payors alike have pursued a wide variety of integrative strategies to achieve efficiencies or other business advantages. The Health Care Mergers and Acquisitions Handbook is designed to educate the practitioner about the antitrust analysis of mergers and acquisitions within the health care industry. Over the past two decades there has been an extraordinary amount of litigation related to challenges of hospital mergers. Each chapter identifies and analyzes important antitrust issues governing such consolidations. Accordingly, the first several chapters are devoted to a detailed treatment of substantive issues peculiar to such mergers: an introduction to hospital merger litigation, describing trends in litigation and the way in which such mergers are analyzed; issues unique to market definition, including product market definition and geographic market definition; the competitive effects of hospital mergers, assessing the evidence necessary to establish a prima facie case in a merger challenge and the rebuttal arguments offered by merging parties; a unique rebuttal argument offered by merging hospitals that is treated separately due to its prominent role in hospital merger litigation - the role and significance of efficiencies in determining the competitive merits of such mergers; the potential applicability of the state action doctrine to hospital mergers. In addition to a substantive treatment of hospital mergers, the Handbook also addresses; combinations of health care management organizations (HMOs) and physician practice groups; the analysis used by the enforcement agencies when reviewing mergers of HMOs; antitrust issues posed by physician practice consolidations. The appendix contains a chart summarizing litigated hospital mergers.--
Author: David Dranove
Publisher: John Wiley & Sons
Published: 2017-07-17
Total Pages: 544
ISBN-13: 1119042313
DOWNLOAD EBOOKThis text is an unbound, three hole punched version. Access to WileyPLUS sold separately. Economics of Strategy, Binder Ready Version focuses on the key economic concepts students must master in order to develop a sound business strategy. Ideal for undergraduate managerial economics and business strategy courses, Economics of Strategy offers a careful yet accessible translation of advanced economic concepts to practical problems facing business managers. Armed with general principles, today's students--tomorrows future managers--will be prepared to adjust their firms business strategies to the demands of the ever-changing environment.
Author: Martin Gaynor
Publisher:
Published: 2011
Total Pages: 50
ISBN-13:
DOWNLOAD EBOOKAbstract: Market definition is essential to merger analysis. Because no standard approach to market definition exists, opposing parties in antitrust cases often disagree about the extent of the market. These differences have been particularly relevant in the hospital industry, where the courts have denied seven of eight merger challenges since 1994, due largely to disagreements over geographic market definition. We compare geographic markets produced using common ad hoc methodologies to a method that directly applies the â??SSNIP testâ?? to hospitals in California using a structural model. Our results suggest that previously employed methods overstate hospital demand elasticities by a factor of 2.4 to 3.4 and define larger markets than would be implied by the merger guidelines's hypothetical monopolist test. The use of these methods in differentiated product industries may lead to mistaken geographic market delineation, and was likely a contributing factor to the permissive legal environment for hospital mergers
Author: Martin Gaynor
Publisher:
Published: 1998
Total Pages: 60
ISBN-13:
DOWNLOAD EBOOKThe 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.
Author: Shahram Heshmat
Publisher: CRC Press
Published: 1993
Total Pages: 184
ISBN-13: 9781560243342
DOWNLOAD EBOOKAuthor: Martin Gaynor
Publisher:
Published: 2017
Total Pages: 9
ISBN-13:
DOWNLOAD EBOOKIn 2016 the Federal Trade Commission (“FTC”) lost motions for preliminary injunction in two separate hospital mergers. In both cases the district courts rejected the FTC's geographic market definition based on flawed interpretations of the “hypothetical monopolist” test. Fortunately, the appeals courts correctly identified the district courts' errors and reversed their decisions. In this article, we review the process used by the FTC and the Antitrust Division of the Department of Justice to define markets and discuss how this process applies to the markets for hospital services specifically. We summarize the courts' opinions in these two hospital merger cases and discuss the ways in which the district courts erred in their analyses and how the appeals courts' decisions will affect future merger cases.
Author:
Publisher:
Published: 1994
Total Pages: 412
ISBN-13:
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