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Strategic integration of hospitals and physicians

机译:医院和医师的战略整合

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A striking development in the healthcare market place has been the formation of strategic relationships between hospitals and physicians. Hospital-physician integration appears to be a response to rapidly expanding managed care health insurance. We examine whether integration lead to efficiency gains from transaction cost economies thereby allowing providers to offer managed care insurance plans lower prices or whether integration is really a strategy to improve bargaining power and thereby increase prices. We find that integration has little effect on efficiency, but is associated with an increase in prices, especially when the integrated organization is exclusive and occurs in less competitive markets.
机译:保健市场的显着发展是医院与医师之间建立战略关系。医院与医生的整合似乎是对快速扩展的托管医疗保险的一种回应。我们研究了整合是否可以从交易成本节约中提高效率,从而使提供者能够以更低的价格提供管理式医疗保险计划,或者整合是否确实是一种提高议价能力从而提高价格的战略。我们发现整合对效率几乎没有影响,但与价格上涨相关,尤其是当整合组织是排他性的并且出现在竞争较弱的市场中时。

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