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- W3038967713 abstract "Hospital ownership of physician practices has grown across the US, and these strategic decisions seem to drive higher prices and spending. Using detailed physician ownership information and a universe of Florida discharge records, we show novel evidence of hospital-physician integration foreclosure effects within outpatient procedure markets. Following hospital acquisition, physicians shift nearly 10% of their Medicare and commercially insured cases away from ambulatory surgery centers (ASCs) to hospitals and are up to 18% less likely to use an ASC at all. Altering physician choices over treatment setting can be in conflict with patient and payer cost, convenience, and quality preferences." @default.
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- W3038967713 date "2022-01-01" @default.
- W3038967713 modified "2023-10-08" @default.
- W3038967713 title "Treatment consolidation after vertical integration: Evidence from outpatient procedure markets" @default.
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- W3038967713 doi "https://doi.org/10.1016/j.jhealeco.2021.102569" @default.
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