Table 3.
Variables | Operating Margin (Beta Coefficient) |
---|---|
Independent Variable | |
Administrator Turnover (Ref.= No turnover) | |
If one administrator left | −1.14 * (0.74) |
If two or more administrators left | −2.25** (0.81) |
Nursing Home Characteristics | |
Star rating (Ref.= 1) | |
2 | 1.45 (1.53) |
3 | 1.26 (1.42) |
4 | 2.89* (1.4) |
5 | 2.54* (1.4) |
Ownership (Ref. For-Profit) | −9.89*** (0.8) |
Chain Affiliation (Ref. Independent) | 4.42*** (0.67) |
Medicaid Share | 0.08*** (0.02) |
Medicare Share | 0.31*** (0.04) |
Number of Beds | 0.004 (0.003) |
Occupancy Rate | 0.33*** (0.02) |
RN Hours PRD | 4.15** (1.28) |
LPN Hours PRD | 1.46 (1.14) |
CNA Hours PRD | −2.35*** (0.62) |
Acuity Index | 0.17 (0.2) |
Environmental Factors (County Level) | |
Percent 65 over | −0.06 (0.05) |
Poverty Level (%) | −0.06 (0.05) |
Unemployment Rate (%) | −0.3 (0.27) |
Medicare Advantage Penetration (%) | 0.06** (0.02) |
Herfindahl-Hirschman Index | −0.32 (1.48) |
Location (Ref. Urban) | 1.37 (1.4) |
Note: *(p < 0.05), **(p < 0.01), and ***(p < 0.001).
Abbreviation: SE, Standard errors.