Respuesta :
Dilution of competition has been the effect of intense consolidation in certain hospital market.
Option A is correct.:
Health care markets :
Health care market are becoming more consolidated, causing price increases for purchasers of health services, and this trend will continue for the foreseeable future despite anti-trust enforcement;
Government can still play an effective role in addressing higher prices that come from consolidation by pursuing policies that foster increased competition in health care markets. Many of these policies can be effective even in markets with high degrees of concentration, such as in Northern California.
Competition in hospital market
More health care competition exists in the United States than in any other industrial nation. The puzzle confounding reformers is that while competition has been enormously successful at producing quality-enhancing innovation, it appears to have failed on the crucial dimension of cost. A closer look suggests not that competition is failing, but that incentives throughout the system have been so skewed that the normal rules of competition simply do not apply. Prices remain high even when there is excess capacity. Technologies remain expensive even when they are widely used. Hospitals and physicians remain in business even when they charge higher prices for equal quality or fail to provide high-quality service.
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