A warning on hospital mergers: After California allowed big chains to grow, prices

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http://www.latimes.com/business/hiltzik/la-fi-hiltzik-california-hospitals-20160613-snap-story.html?utm_campaign=CHL%3A+Daily+Edition&utm_source=hs_email&utm_medium=email&utm_content=30727033&_hsenc=p2ANqtz-_lSFFriq5yA5SisvjbMwODLDPAQmVwWrr_t6XuMvz-oA2lMa5974U7UAJiXhUp_HB_zXoS9iYPUKey6BSklKM–HtzoA&_hsmi=30727033

Big California hospital chains not only raised prices faster than inflation, but gave competitors room to raise their own prices.

Hospital prices … increased substantially in California during a period of low overall price inflation, low economic growth, and declining demand.— Melnick and Fonkych, USC

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