Private Equity, Consumers, and Competition: Evidence from the Nursing Home Industry

2020 ◽  
Author(s):  
Ashvin Gandhi ◽  
YoungJun Song ◽  
Prabhava Upadrashta

2014 ◽  
Vol 24 (11) ◽  
pp. 1437-1451 ◽  
Author(s):  
Daifeng He ◽  
R. Tamara Konetzka




1976 ◽  
Vol 54 (2) ◽  
pp. 129 ◽  
Author(s):  
David Shulman ◽  
Ruth Galanter


2012 ◽  
Vol 2012 (1) ◽  
pp. 18188 ◽  
Author(s):  
Rohit Pradhan


2011 ◽  
Vol 47 (1pt1) ◽  
pp. 106-128 ◽  
Author(s):  
Charlene Harrington ◽  
Brian Olney ◽  
Helen Carrillo ◽  
Taewoon Kang




1993 ◽  
Vol 18 ◽  
pp. 11-54 ◽  
Author(s):  
John Braithwaite


2020 ◽  
Vol 50 (4) ◽  
pp. 431-443 ◽  
Author(s):  
Aline Bos ◽  
Florien Margareth Kruse ◽  
Patrick Paulus Theodoor Jeurissen

This exploratory, mixed-methods study analyzes characteristics of the emerging for-profit nursing home industry in the Netherlands and identifies the interrelated set of factors (context, trends, and sector conditions) that contribute to its growth. Until recently, the Dutch nursing home sector relied almost exclusively on nonprofit providers. Even though profit distribution in nursing home care is still banned, the for-profit nursing home sector is expanding. The study uses economic theory on nonprofit organizations and mixed-form markets to understand this expansion. We find that changes in the regulatory framework have unlocked the potential of the for-profit nursing home sector, enabling for-profit nursing homes to circumvent the for-profit ban. The expansion of the for-profit sector was mainly driven by the low responsiveness of the nonprofit sector to increased and changed demands. For-profit providers took advantage of this void. Moreover, they exploited “cream-skimming” potential in the market and used the wider care system to reduce their labor costs by relying on external specialist care. Another main driver was the access to financial capital from private investors (e.g., private equity firms).



Sign in / Sign up

Export Citation Format

Share Document