A new research article examining the impact of “cross-market” hospital mergers on prices and quality published in Health Services Research has been co-authored by The Source’s own Jaime King, Katherine Gudiksen, Alexandra Montague, and Thomas Greaney, along with our long-time collaborators, Daniel Arnold, Brent Fulton, and Richard Scheffler, from The Petris Center at UC Berkeley. The study is the first to measure the impact of cross-market hospital acquisitions on quality and the first to identify price effects from multiple cross-market acquisitions (i.e. serial acquisitions).  The study used commercial claims data …

For Health Affairs Forefront, the Source’s Katherine Gudiksen and Jaime King have analyzed changes from the draft version to the final 2023 Merger Guidelines released by the Federal Trade Commission (FTC) and Department of Justice (DOJ). In a previous Health Affairs Forefront piece, Source staff examined the draft guidelines.  This new post examines key elements of the new guidelines, concluding that while the final version better aligns the Guidelines with the underlying antitrust laws and caselaw, the Guidelines create more grey area for companies to demonstrate that mergers do not …

The Milbank Memorial Fund has published a report titled “Models for Enhanced Health Care Market Oversight — State Attorneys General, Health Departments, and Independent Oversight Entities” authored by Erin C. Fuse Brown and The Source’s own Katherine L. Gudiksen. The report looks at tools state policymakers are using to address harmful health care market consolidation, focusing on how states have expanded the review authority of the Attorney General (or other state agencies), and have given authority to review transactions to additional oversight entities.  The authors reviewed applicable state statutes and …

In a new piece published in Health Affairs Forefront titled “How Will the New Draft Merger Guidelines Impact Health Care Markets?”, The Source’s Amy Gu, Katherine Gudiksen, and Jaime King examine new draft Merger Guidelines released by the Federal Trade Commissions and Department of Justice building on a previous executive order intended to strengthen competition and enhance antitrust enforcement. The authors analyze the new guidelines, as well as the harms caused by health care consolidation.  The piece concludes that the draft merger guidelines break new ground by addressing the increasingly …

On September 18, The Source on Healthcare Price and Competition, together with UC Berkeley’s Petris Center, submitted public comments on the Federal Draft Merger Guidelines published on July 19. Jointly released by the Federal Trade Commission (FTC) and Department of Justice (DOJ), the draft guidelines proposed new considerations and guidance in the antitrust review of mergers and acquisitions, taking into account new developments and market realities in recent years. These new guidelines would replace the horizontal merger guidelines of 2010 and vertical merger guidelines of 2020 which have been withdrawn by …

In a new research paper published in Frontiers in Public Health Volume 11, The Source’s Alex Montague, Robin Davison, Katie Gudiksen, and Jaime King examine the use of conditional approvals by state officials on hospital and health system mergers, acquisitions, and other consolidating transactions. While federal antitrust enforcers play an important role in overseeing large mergers, acquisitions, and other consolidating transactions of major healthcare providers, state oversight over healthcare markets is essential to slow consolidation more broadly and address market failures across the country. One method states have used to address …

On October 27, The Source Executive Editor Katie Gudiksen will join a panel of experts for the Bipartisan Policy Center in a virtual event on “Taming Health Insurance Costs for Employers and Employees”. The panel is moderated by Health Affairs Editor-in-Chief Alan Weil and will discuss strategies to rein in health care costs and allow employers to provide high-value, cost-effective insurance to their employees. Be sure to register in advance here! October 27 | 1:00 – 2:00 p.m. ET | Virtual Participants: Marilyn Serafini (introduction), Executive Director, Health Program, BPC …

On October 19, The Source Executive Editor Katie Gudiksen and Distinguished Fellow Tim Greaney will join a panel of experts for the Alliance for Health Policy in a virtual event on “Exploring the Market Competition Ecosystem: Lessons Learned and Next Steps”. The panel will discuss past and current trends in market consolidation ecosystem, explore current legislative and administrative policy levers, and identify lessons learned at the state and federal levels. Be sure to register in advance here! October 19 | 12:00 – 1:30 p.m. ET | Virtual Speakers: Erin Fuse …

In a new paper published in the Harvard Journal on Legislation Volume 59, Issue 1, The Source’s Jaime King and Katie Gudiksen, together with Erin Fuse Brown, discuss state public option proposals from 2010–2021, including from states like Nevada, Colorado, and Washington. In examining the three main models—(1) Medicaid Buy-In Public Options; (2) Marketplace-Based Public Options; and (3) Comprehensive Public Options—the paper considers potential challenges to these state public option plans and whether they are legally viable and “worth it” for states to pursue, given the goal of improving healthcare …

On October 21, the Milbank Memorial Fund and the Source on Healthcare Price and Competition hosted a webinar on steps that states are taking to foster more competitive health care markets and lower health care prices, featuring The Source Senior Health Policy Researcher Katie Gudiksen and state regulators from Connecticut and Oregon. The recording is now available to watch for free: Watch Recording Download Powerpoint Presentation (Katie Gudiksen) For more information, check out the 3-part Milbank Memorial Bank series authored by the Source team. The first brief called for collaboration of state and …