Market Competition and Healthcare Policy

Highlights

Publication

Hospital Prices in Medicaid Managed Care

As of 2020, 70% of Medicaid beneficiaries (57 million) were insured through Medicaid managed care (MMC), in which a private insurer covers a beneficiary’s medical care in exchange for fixed payments from state Medicaid agencies.1 A key role of MMC insurers is to negotiate prices with hospitals. MMC prices have important implications for government health expenditures and access to care for Medicaid beneficiaries. However, little is known about MMC prices.2 We used hospitals’ self-disclosed pricing information to characterize MMC hospital prices.
News

HBHI Is Now In DC!

The Hopkins Business of Health Initiative (HBHI) had its Washington DC debut at a September 22 Open House at Johns Hopkins University’s (JHU) beautifully renovated 555 Pennsylvania Avenue building. The location was a testament to JHU’s commitment to engaging in debates of national and global policy. The event introduced HBHI and JHU to the community of national leaders working specifically on health policy in the nation’s capital, welcoming them to HBHI’s new “spiritual home.”
Publication

Impact of Direct-to-Consumer Advertising on Outpatient Care Utilization

There is much debate about the effects of pharmaceutical direct to consumer advertising (DTCA) on health care use. In this paper, we inform this debate by examining the effects of DTCA on office visits, as well as treatment courses resulting from those visits, for five common chronic conditions (hypertension, hyperlipidemia, diabetes, depression, and osteoporosis). In particular, we examine whether office visits result in use of drug therapy and/or continued office visits over time.
Publication

Workforce Composition In Private Equity–Acquired Versus Non–Private Equity–Acquired Physician Practices

Despite growth in private equity (PE) acquisitions of physician practices in the US, little is known about how changes in ownership influence workforce composition. Using clinician-level data linked to practice acquisition information, we estimated changes in clinician workforce composition in PE-acquired practice sites relative to non-PE-acquired independent practice sites for dermatology, ophthalmology, and gastroenterology specialties.
Publication

Estimating Savings Opportunities From Therapeutic Substitutions of High-Cost Generic Medications

In this cross-sectional analysis of the top 1000 generics in Colorado’s all-payer claims database in 2019, 45 high-cost generics that had lower-cost therapeutic alternatives of same clinical value were identified. Overall, high-cost generics were 15.6 times more expensive than their therapeutic alternatives (median values); if the lower-cost alternatives had been used, total spending would have been reduced by 88.3%.