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America’s hospital markets are consolidated, with a relatively small number of hospital systems dominating a large share of the market in any given geographical area. The right remedy for such a concentration of economic power is free-market competition, but competition in this sector of the economy is weak. The absence of strong competition increases consumer costs, decreases consumer choice, weakens provider incentives for innovation, and thus threatens the cost-effective delivery of medical care.

United statesUnited kingdomDistrict of columbiaEmily geeDonald trumpBrent fultonBarack obamaJames bailyUniversity of californiaMercatus institute at george mason universityMercatus center at george mason universityCenters for medicareHow congress can promote competition in hospitalMedicaid servicesCongress on medicareJournal of the american college surgery