Hospital Mergers Do Not Always Save Money or Reduce Inefficiencies
August 1, 2003 | Program Result Report
During 1996 and 1997, researchers at the Economic and Social Research Institute, led by Jack A. Meyer, PhD, examined the St. Louis and Philadelphia hospital markets, which experienced extensive merger activity in the early 1990s, to assess whether horizontal integration combined with purchaser pressure can shrink the excess capacity in a hospital system.