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Concept information

Preferred term

nonprice competition in hospitals  

Definition(s)

  • The term “nonprice competition in hospitals” describes a situation in which a particular institution has decided it can price its services without regard to the prevailing competitive market in which it operates. This might occur for a variety of reasons, ranging from unawareness of prevailing price competition to cost-driven reasons for noncompetitive pricing or a belief that a differentiated (and thus “noncompetitive”) price is justified for a variety of reasons. [Source: Encyclopedia of Health Care Management; Nonprice Competition in Hospitals]

Broader concept(s)

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-KTMWW92B-5

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