Becker's Healthcare July 8, 2024
As the Federal Trade Commission celebrates another victory in challenging a hospital merger, a policy advisor from Stanford University argues that U.S. policies intended to limit healthcare costs by restricting the supply of hospitals are actually exacerbating the very issue they were meant to address.
Lanhee Chen, PhD, the David and Diane Steffy fellow in American public policy studies at the Hoover Institution and director of domestic policy studies and lecturer in the public policy program at Stanford (Calif.) University, expressed his concerns in a June opinion piece in JAMA. He contends that supply-side restrictions on U.S. healthcare have led to unintended consequences such as the consolidation of market power, limited access to care and higher costs for patients.
Dr....
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