Table 3.
Main Effect |
Interaction with Time Trend |
|||
---|---|---|---|---|
Coefficient | p-value | Coefficient | p-value | |
Independent variables of interest | ||||
Hospital-based facility | 1.010 | <.0001 | ||
Medicaid reimbursement rate | −2.770 | <.0001 | 0.130 | .002 |
Medicaid resident occupancy | −0.719 | .017 | 0.222 | .005 |
Medicaid reimbursement rate × Medicaid resident occupancy rate | 0.201 | .001 | −0.041 | .011 |
Quality of care-deficiency citations | 0.288 | <.001 | 0.029 | .103 |
Competition (Herfindahl index) | 0.533 | <.001 | −0.044 | .077 |
Occupancy rate | −0.519 | <.001 | −0.023 | .151 |
Other internal factors | ||||
FTE NAs/100 beds | −0.057 | .219 | 0.005 | .677 |
FTE LPNs/100 beds | −0.005 | .933 | −0.003 | .830 |
FTE RNs/100 beds | 0.085 | .117 | 0.015 | .290 |
Resident case mix (ADL score) | −0.114 | .242 | 0.011 | .661 |
Other organizational factors | ||||
Bed size | −1.045 | <.001 | ||
For-profit ownership | −0.107 | .194 | ||
Chain membership | 0.299 | <.001 | ||
New facility | 0.429 | .001 | ||
Intercept and time trend | 10.532 | <.001 | 0.073 | .759 |
N=173,219 observations.
All continuous variables are divided by their standard deviation.
Time trend=1 in 1998, 2 in 1999, and so forth through 2005.
State dummies also included (not shown).
p-values use standard errors adjusted using the Huber–White robust estimator.
FTE, full-time equivalent; ADL, activities of daily living; RNs, registered nurses; LPNs, licensed practical nurses; NAs, nurse aides.