Journal article

Nursing Home Competition, Prices, and Quality: A Scoping Review and Policy Lessons

O Yang, J Yong, A Scott

Gerontologist | OXFORD UNIV PRESS INC | Published : 2022

Abstract

Background and Objectives: In recent years, countries have increasingly relied on markets to improve efficiency, contain costs, and maintain quality in aged care. Under the right conditions, competition can spur providers to compete by offering better prices and higher quality of services. However, in aged care, market failures can be extensive. Information about prices and quality may not be readily available and search costs can be high. This study undertakes a scoping review on competition in the nursing home sector, with an emphasis on empirical evidence in relation to how competition affects prices and quality of care. Research Design and Methods: Online databases were used to identify ..

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University of Melbourne Researchers

Grants

Awarded by Australian National Health and Medical Research Council (NHMRC) Partnership Centre for Health System Sustainability


Awarded by Centre of Excellence in Population Ageing Research (CEPAR), Australian Research Council


Funding Acknowledgements

This study was supported by the Australian National Health and Medical Research Council (NHMRC) Partnership Centre for Health System Sustainability (9100002) and the Centre of Excellence in Population Ageing Research (CEPAR), Australian Research Council (CE170100005).