Hospital Integration and Vertical Consolidation: An Analysis of Acquisitions in New York State / Robert S. Huckman.

Format:

Book

Author/Creator:

Huckman, Robert S.

Contributor:

National Bureau of Economic Research.

Series:

Working Paper Series (National Bureau of Economic Research) no. w11379.

NBER working paper series no. w11379

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Hospital Integration and Vertical Consolidation

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2005.

Summary:

While prior studies tend to view hospital integration through the lens of horizontal consolidation, I provide an analysis of its vertical aspects. I examine the effect of hospital acquisitions in New York State on the distribution of market share for major cardiac procedures across providers in target markets. I find evidence of benefits to acquirers via business stealing, with the resulting redistribution of volume across providers having small effects, if any, on total welfare with respect to cardiac care. The results of this analysis--along with similar assessments for other services--can be incorporated into future studies of hospital consolidation.

Notes:

Print version record

May 2005.