10 Apr 2003 News

Lexecon Economist Participates in Joint Hearings on Health Care and Competition Law and Policy

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William Lynk took part in the recent Joint FTC and Department of Justice Hearings on Health Care and Competition Law and Policy held in Washington DC in April. Lynk a Senior Vice President of Lexecon specializing in industrial organization and the economics of health care markets, served as a panelist in a discussion regarding "Hospitals - Non-Profit Status." Systematic differences between the performance of nonprofit and for-profit health care entities were discussed. Lynk's comments were later mentioned in an article in Modern Healthcare entitled, "A Level Playing Field: Equal Treatment for Not-for Profits, For-Profits." He stated, "Studies indicated that when for-profit facilities merged, prices rose substantially while similar mergers among not-for profits resulted in negligible prices increases." When the hearings end later this year, the FTC and DOJ will release a joint report on their findings.

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