David Dranove

"When it comes to healthcare, bigger isn't always better. The early-1990s rise of "megaproviders"-large, hospital-based healthcare systems that have become the norm in American medicine-brought promises of accessibility, cost savings, and excellence to the American healthcare experience. Today's megaproviders, following three decades of growth and consolidation, receive as much as two-thirds of healthcare spending in the United States. Big Med examines...