Table 1.
(1) | (2) | |
---|---|---|
All physicians | Small, independent in 2009 | |
Vertical integration | 0.058*** (0.002) | 0.117*** (0.004) |
Horizontal Integration | 0.019*** (0.002) | 0.039*** (0.004) |
Year (Omitted: 2011) | ||
2012 | 0.277*** (0.001) | 0.223*** (0.002) |
2013 | 0.354*** (0.001) | 0.281*** (0.002) |
2014 | 0.332*** (0.001) | 0.247*** (0.002) |
2015 | 0.306*** (0.001) | 0.208*** (0.002) |
2016 | 0.317*** (0.001) | 0.214*** (0.002) |
Practice size (Omitted: Solo) | ||
2‐5 | 0.011*** (0.002) | 0.017*** (0.003) |
6‐9 | 0.017*** (0.003) | 0.057*** (0.007) |
10‐19 | 0.014*** (0.003) | 0.065*** (0.009) |
20‐49 | 0.015*** (0.003) | 0.060*** (0.014) |
50+ | 0.006 (0.005) | 0.056** (0.028) |
Accepts Medicaid | −0.009*** (0.001) | 0.002 (0.002) |
Constant | 0.102*** (0.002) | 0.088*** (0.002) |
Observations | 1 747 404 | 532 464 |
R‐squared | 0.140 | 0.091 |
Number of NPI | 291 234 | 88 744 |
Robust standard errors in parentheses.
***P < 0.01.
**P < 0.05.