Testing for Ownership Mix Efficiency: The Case of the Nursing Home Industry / Rexford E. Santerre, John A. Vernon.

Format:

Book

Author/Creator:

Santerre, Rexford E.

Contributor:

National Bureau of Economic Research.

Vernon, John A.

Series:

Working Paper Series (National Bureau of Economic Research) no. w11115.

NBER working paper series no. w11115

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Testing for Ownership Mix Efficiency

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2005.

Summary:

This paper offers an empirical test of ownership mix efficiency in the U.S. nursing home industry. We test to compare the benefits of quality assurance with the costs from the attenuation of property rights that result from an increased presence of nonprofit organizations. The empirical results suggest that too few nonprofit nursing homes may exist in the typical market area of the U.S. The policy implication is that more quality of care per dollar might be obtained by attracting a greater percentage of nonprofit nursing homes into most market areas.

Notes:

Print version record

February 2005.