Has Price Competition Changed Hospital Revenues and Expenses in New York
Bibliographic Data
| ID | 13775516 |
|---|---|
| Authors | Jack Zwanziger (University of Illinois Chicago, corresponding author), Cathleen Mooney (University of Rochester) |
| Year | 2005 |
| Volume | 42 |
| Issue | 2 |
| Pages | 183-192 |
| Publication date | 2005-05-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | INQUIRY The Journal of Health Care Organization Provision and Financing (JOURNAL) |
| Journal identifiers | ISSN: 0046-9580 • E-ISSN: 1945-7243 |
| Publisher | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.5034/inquiryjrnl_42.2.183 |
| PMID | 16196315 |
| OpenAlex | W2044618121 |
| Language | EN |
| Citations received | 1 |
| References cited | 19 |
This study analyzes the factors that influenced hospital expenses and revenues prior to and following the enactment of the New York State Health Care Reform Act of 1996 (HCRA)-the period from 1994-1999. HCRA was expected to encourage price competition which in turn was anticipated to lower hospital revenues and expenses. We measured the differential effects on hospital revenues and expenses in markets with varying degrees of competition. We also measured the relationship between hospital revenues and expenses and the increased concentration resulting from the formation of local hospital systems. We found that revenues and expenses both grew more slowly for hospitals located in more competitive markets; hospital systems that increased concentration tended to have higher revenues. In the short run at least, price competition induced by HCRA did constrain both hospital expense and revenue growth, although the increase in hospital mergers countered this trend
Business · Competition (biology · Economics · Market competition · Market economy · Monetary economics · Revenue · Total revenue · Finance · Global Health Care Issues · Healthcare Policy and Management
| Citations per year | 0.06 |
|---|---|
| Citation span | 2008 - 2008 (1) |
| Highly cited | No |