Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 3, 2016 erstellt
Description:
The relationship between physicians and hospitals has dramatically changed over the last decade, with the employer-employee model supplanting the traditional model of private physicians with hospital admitting privileges. We examine the motivation for this form of vertical integration by considering physician-hospital alignment as a tool to increase bargaining power with private insurers. We find a positive and significant effect of private insurance concentration on physician-hospital alignment, with larger effects among for-profit hospitals and in counties with multiple hospitals