Health-Care Costs: Discussion of "The Impact of Changes in Regulation on Cost Behavior"

In this discussion, I use Holzhacker, Krishnan, and Mahlendorf, hereafter HKM, as a point of departure from which to discuss the current state of the two research areas to which they contribute. I will present some big-picture thoughts on research opportunities in their source literatures-the literature on financial management in health care and the literature on cost stickiness-and speculate as to where these literatures might go in the future.