7min chapter

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Why is US healthcare so expensive?

Chicago Booth Review Podcast

CHAPTER

Impact of Consolidation in the Healthcare Industry on Consumers and Innovation

This chapter delves into how consolidation within the healthcare industry can harm consumers and hinder innovation, citing instances of higher prices and decreased patient survival rates resulting from hospital mergers. The discussion also touches on the effects of the growth of for-profit entities in healthcare, presenting a case study where the acquisition of IVF clinics by such organizations positively affected quality and live birth rates.

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