Nursing Home Quality, Chain Affiliation, Profit Status and Performance

18 Pages Posted: 20 Apr 2007

See all articles by Randy Anderson

Randy Anderson

Prudential Real Estate Investors

H. Weeks

Florida Gulf Coast University - Department of Accounting, Finance & Business Law

Bradley K. Hobbs

Florida Gulf Coast University

James R. Webb

Cleveland State University

Abstract

This study uses Florida nursing home data to examine several issues about the efficiency of nursing homes. Chain affiliation is examined as is profit status. For the first time quality of care is also included, due to the uniqueness of the data which contains quality scores. Without controlling for quality, for-profit firms and chain affiliated firms are shown to be slightly more efficient than their independent and non-profit counterparts. However, chain affiliated firms scored lower on quality than independents and for-profit firms scored lower on quality than non-profit firms. When controlling for quality, the profit status of the firm and room utilization rates are positively related to efficiency. However, in the presence of the quality control variable, there is not evidence to suggest that chain affiliation impacts efficiency.

Keywords: nursing home, quality of care, profit status, chain affiliation

Suggested Citation

Anderson, Randy and Weeks, H. and Hobbs, Bradley K. and Webb, James R., Nursing Home Quality, Chain Affiliation, Profit Status and Performance. Journal of Real Estate Research Vol. 25, No. 1, 2003, Available at SSRN: https://ssrn.com/abstract=981258

Randy Anderson (Contact Author)

Prudential Real Estate Investors ( email )

8 Campus Drive
Parsippany, NJ 07054
United States

H. Weeks

Florida Gulf Coast University - Department of Accounting, Finance & Business Law ( email )

Ft. Myers, FL 33965-6565
United States

Bradley K. Hobbs

Florida Gulf Coast University ( email )

10501 FGCU Blvd. South
Ft. Myers, FL 33965-6565
United States

HOME PAGE: http://itech.fgcu.edu/faculty/bhobbs/

James R. Webb

Cleveland State University ( email )

1860 E. 18th St., BU 327E
Cleveland, OH 44115
United States
216-687-4716 (Phone)
216-687-4716 (Fax)

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