by Tony Chen

Go over to Kellogg Insight to read a research article on whether hospitals "act strategically" in a competitive market. This particular economics professor focused on EP procedures. It's very rare that I see business strategy empirical studies on hospitals. So if you enjoy economics and/or strategy, definitely read it. The conclusion (written like a true economist):

“Recognizing that hospitals, insurance companies, and doctors are economic agents reacting to the economic conditions they face would go a long way to understanding healthcare,” Dafny concludes. “This paper contributes to the mounting evidence that the Hippocratic oath does not suffice to protect patients from undergoing unnecessary but profitable treatments.”