Consolidation in the Medical Care Marketplace,A Case Study from Massachusetts
Jason Barro, David Cutler
Abstract
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Jason Barro, David Cutler
Abstract
Open-access reader
This paper examines consolidation in the Massachusetts hospital market. We find that consolidation is driven primarily by a large decline in the demand for hospital beds, resulting from increased enrollment in managed care and technological changes. The drive to consolidate appears through three primary forces: consolidation for closure; consolidation for economies of scale; and consolidation for network creation.(This abstract was borrowed from another version of this item.)
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This paper examines consolidation in the Massachusetts hospital market. We find that consolidation is driven primarily by a large decline in the demand for hospital beds, resulting from increased enrollment in managed care and technological changes. The drive to consolidate appears through three primary forces: consolidation for closure; consolidation for economies of scale; and consolidation for network creation.(This abstract was borrowed from another version of this item.)
Key concepts: Consolidation (business), Business, Economies of scale, Marketing, Finance