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Nursing Home Industry 1987.
NURSING HOME INDUSTRY 1987. By Laventhol & Horwath. 1845 Walnut St., Philadelphia, PA 19003. 64 pp. $80
'Growth, Quality of U.S. Nursing Home Industry depend on New Sources of Revenu4" is the headline of a news release from Laventhol & Horwath (L&H), certified public accountants. "Government programs pay too little to provide care Americans want," the subtitle follows. 'Rising costs, relatively low rates of reimbursement and small profits are hurting the nation's 23,000 nursing homes and their residents," the text begins.
No disageement here, nor from most readers. That stirring opening announces release of a report much less contentious than the opening implies. It is the result of L&H's survey of some 4,000 nursing homes nationwide, boiled down to a statistical sample of 311. Introducing the numbers are excellent essays on various aspects of nursing home finance, quality, and operations.
There also is an overview of pros pects for long-term-care insurance, by Joseph W. Parillo and Henrietta K. Bertelsman of L&H-Chicago. revenues by quartile, down to such detail as vending machines; revenue by region, in the same detail; revenue by size; revenue for freestanding vs. hospital-based; payroll expense by function by quartile; payroll expense by region; payroll expense by size; payroll expense by type (freestanding/ hospital-based); total payroll expense by region, total payroll expense by size; supplies and other expenses per patient day, and free-standing vs. hospital-based; average expense by patient day by size and region; dietary expense per ...
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