The impact of ownership type on nursing home outcomes
利用1987年全美医疗支出调查数据,研究了营利与非营利养老院中居民的分类及其健康结果,发现所有权类型对结果有显著影响。
This paper examines the sorting of residents between for-profit and nonprofit nursing homes and the health outcomes of those residents conditional on ownership type. Using data from the 1987 National Medical Expenditure Survey, we find evidence of systematic sorting of residents by ownership type, and significant effects of ownership type on outcomes. These results are broadly consistent with the hypothesis that for-profit and nonprofit homes exploit their informational advantages to differing extents in a market characterized by asymmetric information.