Ownership Form and Consumer Welfare: Evidence from the Nursing Home Industry

• Huvudupphovsmän: Rexford E. Santerre (Författare, medförfattare), John A. Vernon (Författare, medförfattare)
• Materialtyp: Bok
• Publicerad: SAGE Publishing, 2007-11-01T00:00:00Z.
• Ämnen: article
• Länkar: Connect to this object online.
• Notes: 0046-9580; 10.5034/inquiryjrnl_44.4.381
• Keywords: Public aspects of medicine; RA1-1270
• Source: Inquiry: The Journal of Health Care Organization, Provision, and Financing, Vol 44 (2007)

This paper compares the likely consumer benefits of higher quality with the potentially greater production costs that result from increased not-for-profit activity in a nursing home services market area. The comparison of consumer benefits and costs is made possible by observing empirically how an increased market penetration of not-for-profit facilities affects the use of private-pay nursing home care. Increased (decreased) use of nursing home care suggests that the consumer benefits associated with additional not-for-profit nursing homes are greater (less) than consumer costs. The empirical results indicate that, from a consumer's perspective, too few not-for-profit nursing homes may exist in the typical market area of the United States. The policy implication is that more quality of care per dollar might be obtained by attracting a greater percentage of not-for-profit nursing homes into many market areas.