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How Do Nursing Homes Spend Their Revenues in Norway, Ontario, and California? . Charlene Harrington, Ph.D. Anders Kvale Havig , Ph.D. Justin Panos MCRI Conference May 2014 Bergen, Norway. Nursing Home Ownership Patterns . Average Expenditures in Sample of Norwegian Nursing Homes in 2009.
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How Do Nursing Homes Spend Their Revenues in Norway, Ontario, and California? Charlene Harrington, Ph.D. Anders KvaleHavig, Ph.D. Justin Panos MCRI Conference May 2014 Bergen, Norway
Average Expenditures in Sample of Norwegian Nursing Homes in 2009 No profits reported
Nursing Home Gross Profits in Ontario 2006-10 in thousands (1-2% Annually) 4,291 NHS 2006 and 4,633 NHs in 2010. Average 57 beds per facility Canadian Residential Care Facility Survey (CANSIM) http://www5.statcan.gc.ca/cansim/a05?searchTypeByValue=1&lang=eng&id=1075507&pattern=1075507
Conclusions • Canada & Norway • have smaller facilities • government payments are more restrictive • profits are low or non-existent in non-profit facilities • US uses prospective payment • US NHs can shift money from care to profits. • Profits and administrative costs are high - 22% • More transparency is needed on where the money goes