Relative economic efficiency in Texas nursing facilities: A profit function analysis

Profit efficiency and ownership of German hospitals

“…Their study, however, does not distinguish between different ownership types. Knox et al (1981) analyse economic efficiency of nursing homes in Texas and find private providers to be more allocative and technical efficient than public nursing homes using OLS techniques.…”

Application of qualitative response models in a relevance study of older adults' health depreciation and medical care demand

“…Special economic problems related to medical care still exist, and the incidence of disease and the efficacy of treatment remain unclear, especially for elderly patients . A total evaluation of medical care services within the overall economic system should consider the following: the importance of healthcare expenditure in relation to the national gross domestic product, the ratio of individual health case expenditure to the final healthcare expenditure in the general population and the actual national employment rate in the medical care services . However, strong experimental, multidisciplinary care and non‐randomized observational trials are required to confirm the benefits of the MDGC.…”

A Study of Frailty, Mortality, and Health Depreciation Factors in Older Adults

“…Most prior empirical research employed the medical economics theoretical model to investigate the effects of key variables on older adults' HD [2], FR, and health-care needs; these key variables include health-care quality, health-care price, wage rate, medical insurance, non-salary income, educational level, and age [2][3][4][5][6][7][8][9][10][11][12][13][14][15]. Most of these studies used the dataset constructed by public health systems, which are cross-sectional or panel data, but rarely employed microscopic data for each older adult, which have item-by-item health tests [1,4,[16][17][18][19][20][21][22][23][24][25][26][27][28][29][30].…”