Types of Transaction Costs in Forms of Medical Care in Germany: Development of a Typology

Abstract

Introduction: Transaction costs in forms of medical care is a new perspective in health science. Healthcare Management itself seems to get a new role of importance in these days. Objectives and research findings: In an increasingly competitive environment, cost optimisations need to be the focus of science and practice. Especially in the field of healthcare. Without the money of the insurances most people would not be able to get medical care in Germany. Core work concepts: The development of a convincing typology as a new approach in this field of expertise. Transaction costs play a big role in this context. Methodology: Developing a typology and defining types without losing sight of the specific features of forms of medical care is tried and within this the using of typology development. Outcome: The formation of three different informative types of transaction costs is achieved with this paper and it generates new areas for researchers additionally. Summary: Knowledge of the three types of transaction costs is helpful for theory and practice in the upcoming field of health care science