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Hospital competition in major U.S. metropolitan areas: empirical evidence
P A Rivers1, S Glover, G Munchus
1Arizona State University, USA.
Abstract:
In response to dramatic rises in health care costs, policy-makers have been debating the relative merits of competitive strategies as a means of containing costs. This article represents a study of the 29 largest MSAs for 1991. Controlling for environmental conditions in each market, the impact of competition on hospital costs was examined. Competition was found to have had a significant positive impact on overall hospital costs.
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