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- W4255862893 abstract "Aiming at containing total costs, recent health care reforms have transformed the organization of medical care. The majority of initiatives induce greater market transparency, budget responsibility and competence in decision making and so shift the system towards providing health rather than medication. Addressing the new market environment, pharmaceutical companies aim at efficiency improvements and skill enhancements, changes in product positioning to address opportunities in OTC markets and generic substitution, and horizontal and vertical arrangements for presumed scale and distribution. Most recent initiatives towards disease management foreshadow the fusion of focused drug development and capitated treatment into future efficient health care conglomerates. And yet, although companies restructure their industries in line with broader health care objectives, regulatory authorities still need to find ways to deal with adjustment cost. Most concerns are related to issues of market access, competitive behaviour and reliable information. In addressing these, health care providers and regulatory authorities face fundamental welfare trade-offs characterizing market-based and more centrally-administered solutions to managing care." @default.
- W4255862893 created "2022-05-12" @default.
- W4255862893 date "1996-08-01" @default.
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- W4255862893 title "Mergers and acquisitions review" @default.
- W4255862893 doi "https://doi.org/10.1016/s1359-6128(96)80065-6" @default.
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