Comments Submitted to CMS by the Jefferson Health Group

This comment will  be of particular interest to economists. In making its arguments, Jefferson states:

” A study by Carnegie Mellon econmists, widely circulated within the industry cited the “franchise Fee” economic theory,  which noted that once bids were secured, that numerous small bidders will leave the industry, yielding at an oligopoly of power in each bid area, if not a defacto monopoly power to the award winners.”

Jefferson is making important macro arguments which should have a particular impact with regulators.