TY - JOUR
T1 - The effect of physician-hospital affiliations on hospital prices in California
AU - Ciliberto, Federico
AU - Dranove, David
PY - 2006/1/1
Y1 - 2006/1/1
N2 - During the 1990s, a record number of U.S. hospitals entered into some form of vertical combination with physicians. During the same period, many integrated hospital-physician arrangements broke up. Using data from California, we investigate whether such vertical activity affected hospital pricing. We find that neither integration nor disintegration was associated with significant changes in prices. Integration among rural hospitals is associated with large price decreases, but the sample of such hospitals is small.
AB - During the 1990s, a record number of U.S. hospitals entered into some form of vertical combination with physicians. During the same period, many integrated hospital-physician arrangements broke up. Using data from California, we investigate whether such vertical activity affected hospital pricing. We find that neither integration nor disintegration was associated with significant changes in prices. Integration among rural hospitals is associated with large price decreases, but the sample of such hospitals is small.
KW - Hospital
KW - Joint venture
KW - Physicians
KW - Vertical integration
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U2 - 10.1016/j.jhealeco.2005.04.008
DO - 10.1016/j.jhealeco.2005.04.008
M3 - Article
C2 - 16352360
AN - SCOPUS:29244482790
VL - 25
SP - 29
EP - 38
JO - Journal of Health Economics
JF - Journal of Health Economics
SN - 0167-6296
IS - 1
ER -