Testing for ownership mix efficiency
Subtitle: the case of the nursing home industry
By: Rexford E. Santerre, John A. Vernon.
Contributors: Vernon, John A.; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 11115; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 11115.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Nursing homes -- Economic aspects -- United States.; Nonprofit organizations -- Economic aspects -- United States.
Description: "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"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
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Mode of access: World Wide Web.