文章基本信息

标题：PRICE EFFECTS OF A MERGER: EVIDENCE FROM A PHYSICIANS' MARKET
本地全文：下载
作者：Thomas Koch ; Shawn W. Ulrick
期刊名称：Economic Inquiry
印刷版ISSN：0095-2583
出版年度：2021
卷号：59
期号：2
页码：790-802
DOI：10.1111/ecin.12954
语种：English
出版社：Western Economic Association International
摘要：The relationship between physician concentration and prices is of interest to policy makers, public health officials, and insurers. We examine how a merger of orthopaedic physicians in Berks County, Pennsylvania, affected prices. We use claims‐level data from three private payors in the region to compare the price changes of the merged practices to those in nearby areas plausibly not affected by the merger. The merged practices increased prices to two of the three payors by 10–20%, while prices in the control geographies remained largely unchanged, on average, suggesting prices increased due to postmerger increases in market power.(JELI13, K21, L4)