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Hospital mergers and antitrust: some economic and legal issues.
From:
The American Journal of Economics and Sociology
| Date:
July 1, 1995| Author:
Whitesell, Sarah E.; Whitesell, William E.
| COPYRIGHT 1995 American Journal of Economics and Sociology, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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The article traces the development of the market for hospital services through evolutionary stages to the present emphasis on merger and consolidation. Examination of the traditional principles of antitrust analysis suggests they are sufficiently flexible to warrant their application in evaluating the competitive impact of hospital mergers.
I
Introduction
The hospital industry has changed remarkably in the last decade and a half as the federal government has acce...
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