Evidence map›Paper›PMID 34495728›Full record

ArticleHealth affairs (Project Hope)2021

Regulating Hospital Prices Based On Market Concentration Is Likely To Leave High-Price Hospitals Unaffected.

Maximilian J Pany, Michael E Chernew, Leemore S Dafny

Erratum issuedAbstract read
In one paragraph

Article in Health affairs (Project Hope), 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. An erratum has been issued. Cited by 6 papers.

0numbers the graph read from it
0cells of the map it votes in
6citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

6 citing papers in PubMed.

  1. Article
  2. The High Cost of American Health Care: Understanding the Deeper Roots of the Crisis.Health care analysis : HCA : journal of health philosophy and policy · 2026
    Article
  3. Article
  4. Article
  5. Article
  6. A Competition Perspective on Physician Non-compete Agreements.Inquiry : a journal of medical care organization, provision and financing
    Article
4 · The record

Corrections and comments

5 · Who and what money

Authors and funding

3 authors.

Maximilian J PanyMaximilian J. Pany (mpany@hms.harvard.edu) is an MD-PhD candidate in health policy at Harvard Medical School and Harvard Business School, in Boston, Massachusetts.
Michael E ChernewMichael E. Chernew is the Leonard D. Schaeffer Professor of Health Care Policy in the Department of Health Care Policy, Harvard Medical School.
Leemore S DafnyLeemore S. Dafny is the Bruce V. Rauner Professor of Business Administration at Harvard Business School and the Harvard Kennedy School, Harvard University, in Cambridge, Massachusetts.

Funding

MD-PhD Training Program in Aging and the Social/Behavioral SciencesT32AG051108 · NIA · HARVARD MEDICAL SCHOOL · PI MCWILLIAMS, JOHN MICHAEL · 2015 to 2025
$2.1M
NIA NIH HHS T32 AG051108
6 · The paper itself

Abstract

Concern about high hospital prices for commercially insured patients has motivated several proposals to regulate these prices. Such proposals often limit regulations to highly concentrated hospital markets. Using a large sample of 2017 US commercial insurance claims, we demonstrate that under the market definition commonly used in these proposals, most high-price hospitals are in markets that would be deemed competitive or "moderately concentrated," using antitrust guidelines. Limiting policy actions to concentrated hospital markets, particularly when those markets are defined broadly, would likely result in poor targeting of high-price hospitals. Policies that target the undesired outcome of high price directly, whether as a trigger or as a screen for action, are likely to be more effective than those that limit action based on market concentration.

Indexed as

Delivery of Health CareHospitalsEconomic CompetitionHumansUnited States

Identifiers

PMID34495728
PMCPMC9126252

What OpenQuestion holds

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Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.