Regulatory effects in health care: philosophies, impacts, and free markets.
In spite of the fact that other service sectors such as airlines, retail banking, telecommunications, railroads, trucking, securities brokerage, and insurance have experienced remarkable transformations toward more deregulated environments, the health care industry continues to be very heavily regulated. This article first examines the major theories and general schools of thought surrounding the concept of regulation in general, followed by an examination of the influence governmental regulations have had on hospitals in particular, specifically as they relate to stimulating competitiveness, efficiencies, and cost control.
Trinh
H Q
HQ
Health Information Administration Program, School of Allied Health Professions, University of Wisconsin-Milwaukee 53201, USA. Hanht@csd.uwm.edu
O'Connor
S J
SJ
D003363:Cost Control; D017598:Efficiency, Organizational; D005069:Evaluation Studies as Topic; D005161:Facility Regulation and Control; D019981:Health Care Sector / Q000331:legislation & jurisprudence* / Q000458:organization & administration; D007882:Legislation, Hospital; D014481:United States