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Competition among health care providers: helpful or harmful?
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Journal Article
Competition among health care providers: helpful or harmful?
2016
Overview
The idea of competition in health care can provoke strong reactions from commentators, with some for and others against. Proponents of competition generally fall into one of two camps: those who believe in the innate value of market-based resource allocation (i.e., a decentralised approach to production and consumption decisions, with prices providing the main signals for such decisions) and those who favour the market more for its potential to correct the failures of government regulation. Both camps typically expect competition to do the following things: strengthen patient choice, stimulate innovation, improve quality, enhance efciency and control costs in short, to give people what they want in the least costly way possible. Opponents of competition, in contrast, typically fear it will lead to undesirable outcomes such as a reduction in quality, access to health care based on ability to pay rather than medical need and, as a result, inequity and inefciency in the distribution of health services. Given these differing views, the European Commission asked its Expert Panel on Effective Ways of Investing in Health to consider if and how competition among health care providers might benet health systems in the European Union. This article summarises the main findings and conclusions of the panel's final report.
Publisher
Springer,Springer Berlin Heidelberg,Springer Nature B.V
Subject
/ Economic Competition - economics
/ Economic Competition - organization & administration
/ Economic Competition - standards
/ Europe
/ Health Personnel - economics
/ Health Personnel - organization & administration
/ Health Personnel - standards
/ Humans
/ Medicine
/ Patients
/ Pharmacoeconomics and Health Outcomes
/ Politics
/ Prices
/ Studies
