Industry Evolution Through Consolidation: Implications for Addiction Treatment.

dc.contributor.authorCorredoira, Rafael A
dc.contributor.authorKimberly, John R
dc.date2023-05-17T14:29:45.000
dc.date.accessioned2023-05-22T23:53:33Z
dc.date.available2023-05-22T23:53:33Z
dc.date.issued2006-10-01
dc.date.submitted2016-06-07T09:02:03-07:00
dc.description.abstractDrawing on experiences in other industries, this article argues that the business of addiction treatment is likely to be transformed by the advent of a period of consolidation, in which a number of small independent programs will be acquired by larger, better capitalized, and managerially more sophisticated enterprises. Consolidation will be driven by opportunities to leverage new technologies, to exploit new regulatory initiatives, and to introduce economies of scale and scope into an industry that is currently highly fragmented. The process is likely to result in segmentation of the market, with the coexistence of large, generalist, highly standardized firms and a number of small highly specialized firms. When an industry consolidates, the types and quality of services provided can improve through the adoption of best practices and through increased competition among larger providers. If these larger providers are publicly traded, however, efforts to improve will inevitably be influenced by pressures to maintain or increase quarter-to-quarter earnings and share prices, leaving open the long-term impact on service quality.
dc.identifier.urihttps://repository.upenn.edu/handle/20.500.14332/40295
dc.legacy.articleid1005
dc.legacy.fields10.1016/j.jsat.2006.06.020
dc.legacy.fulltexturlhttps://repository.upenn.edu/cgi/viewcontent.cgi?article=1005&context=mgmt_papers&unstamped=1
dc.rights© 2006. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/
dc.source.beginpage255
dc.source.endpage265
dc.source.issue163
dc.source.issue3
dc.source.journalManagement Papers
dc.source.journaltitleJournal of Substance Abuse Treatment
dc.source.peerreviewedtrue
dc.source.statuspublished
dc.source.volume31
dc.subject.otherHumans
dc.subject.otherIndustry
dc.subject.otherManaged Care Programs
dc.subject.otherMarketing of Health Services
dc.subject.otherSubstance Abuse Treatment Centers
dc.subject.otherSubstance-Related Disorders
dc.subject.otherhumans
dc.subject.otherindustry
dc.subject.othermanaged care programs
dc.subject.othermarketing of health services
dc.subject.othersubstance abuse treatment centers
dc.subject.othersubstance-related disorders
dc.subject.otherHealth Services Administration
dc.subject.otherHealth Services Research
dc.subject.otherPerformance Management
dc.titleIndustry Evolution Through Consolidation: Implications for Addiction Treatment.
dc.typeArticle
digcom.identifiermgmt_papers/163
digcom.identifier.contextkey8699964
digcom.identifier.submissionpathmgmt_papers/163
digcom.typearticle
dspace.entity.typePublication
upenn.schoolDepartmentCenterManagement Papers
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