Monday, February 18, 2013
Posted by D. Daniel Sokol
David A. Balto and James Kovacs have written CONSOLIDATION IN HEALTH CARE MARKETS: A Review of the Literature.
ABSTRACT: In Consolidation in Health Care Markets: A Review of the Literature, authors David Balto and James Kovacs in a study funded by and submitted to the Robert Woods Johnson Foundation discuss the recent literature concerning consolidation across various health care markets. The paper focuses on consolidation of hospital, provider, and health insurance markets with the goal of understanding the impact consolidation has on health care prices, quality of care, and overall costs. The paper seeks to provide an overview of the key research and present findings in different areas of healthcare to facilitate further investigation. The authors find that while there is consolidation across many health care markets, some of the literature suggests consolidation can lead to greater efficiencies and higher quality care. The authors also focus on specific Affordable Care Act provisions which have the goal of not only increasing access but improving the quality of care. The paper then concludes with specific conclusions and policy implications including a discussion of agency antitrust enforcement and congressional action.