Friday, March 25, 2016
NYS Health Foundation Report: Hospital Mergers Lead to Higher Prices in NY
Hospital mergers in New York typically result in higher prices, with little improvement in quality, according to a new Manhattan Institute report, sponsored by the New York State Health Foundation.
In the report, authors cite a 2012 literature review by health economists Martin Gaynor and Robert Town, which included New York. Two studies cited in the literature review found across geographic markets, hospital consolidation results in higher prices; in concentrated markets, price increases can surpass 20 percent. . .