Who can rein in health care prices?: state and federal efforts to address health care provider consolidation

Who can rein in health care prices?: state and federal efforts to address health care provider consolidation

Collection:
Health Policy and Services Research
Series Title(s):
Issue brief (Milbank Memorial Fund)
Author(s):
Gudiksen, Katherine L., author
Montague, Alexandra D., author
King, Jaime S., author
Contributor(s):
Milbank Memorial Fund, issuing body.
Publication:
New York, NY : Milbank Memorial Fund, June 2021
Language(s):
English
Format:
Text
Subject(s):
Antitrust Laws
Cost Control
Government Regulation
Health Care Costs
Health Facility Merger
Federal Government
State Government
United States
Genre(s):
Technical Report
Abstract:
Decades of ineffective antitrust enforcement have left many US health care markets with insufficient competition to control prices. Increasingly, hospitals have merged to form dominant health systems that can exert market power and charge anticompetitive prices. This trend contributes to health care cost growth that exceeds growth in wages or the economy. Effective oversight of market conduct requires collaboration between state and federal policymakers. This brief describes actions taken by federal and state policymakers to address the consequences of health care provider concentration through increased price transparency, improved merger review, oversight of anticompetitive conduct, and increased competition through a public option.
Copyright:
Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY license. (More information)
Extent:
1 online resource (1 PDF file (12 pages))
Illustrations:
Illustrations
NLM Unique ID:
9918350586306676 (See catalog record)
Permanent Link:
http://resource.nlm.nih.gov/9918350586306676