Last edited by Duke University Press
31.05.2021 | History

3 edition of Competition in the Health Care Sector found in the catalog.

Competition in the Health Care Sector

Ten Years Later

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      • nodata

        StatementDuke University Press
        PublishersDuke University Press
        LC ClassificationsDecember 1988
        The Physical Object
        Paginationxvi, 62 p. :
        Number of Pages62
        ID Numbers
        ISBN 100822308932

        nodata File Size: 5MB.

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Competition in the Health Care Sector by Duke University Press Download PDF EPUB FB2

The New England Journal of Medicine. Clinicians have legitimate gripes about EMRs, but their continually improving interoperability across delivery systems has major implications for competition. He argued that excesses in hospital concentration and insurer concentration lead to unnecessarily high health insurance premiums.

Market structure and competition in the healthcare industry

proposed that patient satisfaction should be a multidimensional concept. The four largest hearing aid manufacturers now control of the market. Afterward, consumers choose from a variety of available plans with a diversity of benefits. If every US resident had an insurmountable amount of money to spend on health care, then health care costs would not be a problem. For countries with public-sector health systems, provider competition raises another concern. CDHPs enable people to be more prudent about their medical expenses.

Those groups that are currently experiencing a difficult time with HMOs and bureaucracies e. A 2011 study published in JAMA found that Medicare Part D significantly reduced spending on non-medication items for Medicare beneficiaries. 6 October 2012pp. While many physicians resist the pressure to undertreat their patients, this conflict between good medicine and economic self-interest demoralizes physicians and slows the diffusion of best practices.

Health care should be no exception.

Is competition really good for health care?

The figure also illustrates the close relationship between population and the number of firms, suggesting that the number of inhabitants is a good measure of market size. This will require new resources, but the business adage about spending money to make money or in this case, to save it applies. The entry of new pharmacies was not explicitly regulated by demographic or population criteria, but the Slovak Chamber of Pharmacists had the right to comment on the request for establishment of a new pharmacy that had to be approved by the Ministry of Health of the Slovak Republic.

In some cases, this type of competition erodes existing value through unnecessary costs. As Michael Porter and Robert Kaplan detail in their July—August 2016 HBR article, bundles are not a new idea, and their ability to drive value improvement in focused areas like transplantation is well established. This paper reviews relevant literature and develops a model that can be used to empirically investigate a number of complex issues and relationships associated with competition in the health care industry.