Health Affairs September 6, 2017
Dive Brief:
- Hospital, provider and insurer market mergers have resulted in payers having more bargaining power to reduce provider prices in highly concentrated markets, according to a new Health Affairs report.
- The report found hospital admission prices were 5% lower in highly consolidated provider and insurer markets compared to those that are not as dense.
- The researchers also found savings for cardiologist visits (4%), radiologists (7%) and hematologist/oncologist visits (19%) in highly concentrated markets.
Dive Insight:
The University of California, Berkeley study authors said the increasing number of consolidated markets means “the standard competitive model now has little relevance” in a significant part of the healthcare system.
They found highly concentrated markets led to lower prices for most...
Today's Sponsors
Today's Sponsor