2015
DOI: 10.1007/s12126-015-9233-3
|View full text |Cite
|
Sign up to set email alerts
|

Comparison of Nursing Home Financial Transparency and Accountability in Four Locations

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

0
15
0

Year Published

2017
2017
2020
2020

Publication Types

Select...
6
1

Relationship

0
7

Authors

Journals

citations
Cited by 11 publications
(15 citation statements)
references
References 29 publications
0
15
0
Order By: Relevance
“…4,5 Specific to aged care, research suggests that cost cutting reduces quality care, whereas focus on quality care can improve cost savings. [6][7][8] This is further supported by data from developed countries indicating that total food spend is associated with more nutritious dietary patterns. 9 With malnutrition affecting at least one in two residents in Australian residential aged care facilities (RACF), 10,11 it is only natural to turn attention towards obvious causes for this concerning statistic.…”
Section: Introductionmentioning
confidence: 62%
“…4,5 Specific to aged care, research suggests that cost cutting reduces quality care, whereas focus on quality care can improve cost savings. [6][7][8] This is further supported by data from developed countries indicating that total food spend is associated with more nutritious dietary patterns. 9 With malnutrition affecting at least one in two residents in Australian residential aged care facilities (RACF), 10,11 it is only natural to turn attention towards obvious causes for this concerning statistic.…”
Section: Introductionmentioning
confidence: 62%
“…In addition, the majority of caregivers in Dutch nursing homes are licensed practical nurses, whereas in US nursing homes certified aides form the majority of the staff. Registered nurses are more common in US nursing homes in comparison to Dutch nursing homes [ 30 – 33 ]. However, in spite of these differences, in most developed countries with high life expectancy (such as the Netherlands, Belgium, Denmark, Germany, and US), nursing homes face similar issues that increase the workload, such as an increase in number of elderly people (with multiple chronic diseases), financial restrictions, understaffing, and increased quality expectations [ 33 , 34 ].…”
Section: Methodsmentioning
confidence: 99%
“…Studies have concluded that FP NHs performed financially better than NFP NHs in operating revenue, operating profit margin, and total profit margin Pradhan et al, 2013;Weech-Maldonado et al, 2012). Harrington et al (2016) reported that Medicare profit margins in FP NHs were three times more than that of NFP NHs. Bos et al (2016) concluded, in their systematic review study on NHs financial performance, that client and employee well-being that FP NHs had a better financial performance with higher profit margins and better efficiency than the NFP NHs.…”
Section: Profit Maximizationmentioning
confidence: 99%
“…Bos et al (2016) concluded, in their systematic review study on NHs financial performance, that client and employee well-being that FP NHs had a better financial performance with higher profit margins and better efficiency than the NFP NHs. In situations that predispose FP NHs to possibility of having reduced profits, profit maximizing decision would rather jeopardize QoC services and outcomes (Bos et al, 2016;Harrington, Olney, et al, 2012;Harrington et al, 2016;Hirth et al, 2014). Profit making NHs are strongly inclined to choose the profit maximizing levels of quantity and QoC (Aaronson et al, 1994;Park & Stearns, 2009).…”
Section: Profit Maximizationmentioning
confidence: 99%
See 1 more Smart Citation