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Health Policy Report
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Volume 333:1019-1023 October 12, 1995 Number 15

Academic Medical Centers Enter the Market: The Case of Philadelphia
John K. Iglehart

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When health care costs were of little concern and ready access was the only issue, the 6 medical schools, 80 teaching and community hospitals, and 14,000 doctors in Greater Philadelphia were a prized local asset. But now, many of these providers are threatened financially as managed-care plans drive down prices, squeezing the cross-subsidies that support medical education, and a surplus of medical specialists finds less demand for specialty services. The area's two dominant health insurers, competing to increase the number of people who buy their managed-care products, are driving these changes. In this report, I discuss Philadelphia's evolving market and . . . [Full Text of this Article]

The Evolution of a Market

Health Insurance and Business

The Challenge to Academic Medicine

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