| The rise and fall of the physician practice management industry. | |
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MedLine Citation:
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PMID: 10645072 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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The dominant view among academic economists is that the financial markets value financial securities "efficiently," in the sense that the prevailing prices of widely traded securities fully and properly reflect, at any time, all publicly available information that bears on these securities. Although that theory has great intuitive appeal, it requires intellectual effort to reconcile it with the rise and fall of the physician practice management industry. This paper explores how acquisition-driven firms are valued in the financial markets and what structural factors may stand in the way of truly efficient security valuation. |
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Authors:
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U E Reinhardt |
Publication Detail:
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Type: Journal Article; Review |
Journal Detail:
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Title: Health affairs (Project Hope) Volume: 19 ISSN: 0278-2715 ISO Abbreviation: Health Aff (Millwood) Publication Date: 2000 Jan-Feb |
Date Detail:
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Created Date: 2000-02-07 Completed Date: 2000-02-07 Revised Date: 2005-11-16 |
Medline Journal Info:
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Nlm Unique ID: 8303128 Medline TA: Health Aff (Millwood) Country: UNITED STATES |
Other Details:
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Languages: eng Pagination: 42-55 Citation Subset: IM |
Affiliation:
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Princeton University, USA. |
Export Citation:
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APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
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Decision Making, Organizational Efficiency, Organizational Financial Management / organization & administration* Forecasting Health Care Sector / organization & administration, trends Humans Investments / organization & administration* Models, Econometric Practice Management / economics* Practice Management, Medical / economics, organization & administration* Sensitivity and Specificity United States |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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