Abstract
Chain ownership has been credited with boosting firm performance in the retail and service sectors but criticized for prioritizing profits over the well-being of patients in the healthcare sector. This paper finds that chain organizations improve healthcare outcomes in a setting with relatively minimal market frictions and information asymmetries: the market for In Vitro Fertilization (IVF). After acquisition by a fertility chain, IVF clinic volume increases by 28.2%, and IVF success rates increase by 13.6%. We provide evidence that fertility chains facilitate resource and knowledge transfers needed to enhance clinic quality, benefit underperforming clinics, and expand the IVF market.
Originalsprog | Engelsk |
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Udgivelsessted | WWW |
Udgiver | SSRN: Social Science Research Network |
Antal sider | 93 |
DOI | |
Status | Udgivet - aug. 2023 |
Emneord
- Chain organizations
- Acquisitions
- Fertility
- IVF
- Quality
- Firm performance similarity