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Are Hospital Acquisitions of Physician Practices Anticompetitive?
National Bureau of Economic Research [NBER]; purchase required
July 21, 2025 "[On] average, these mergers led to price increases for hospitals and physicians of 3.3% and 15.1%, respectively, with no discernible effects on quality measures. ... [P]rice increases are larger among transactions with greater scope for foreclosure and recapture. ... [These] tests offer guidance in predicting where the anticompetitive effects of non-horizontal mergers are likely to be strongest." MORE >> |
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