Table 1.

List of Variables With Datasets.

Dependent variable
Nursing home’s operating margin	Medicare Cost Reports
Independent variables
Assisted living beds per 1000 over the age of 65	State of Florida & Area Resource File
Occupancy rate	Brown University’s LTCFocus
Organizational control variables
Chain affiliation (multifacility)	Brown University’s LTCFocus
Ownership (for-profit)	Brown University’s LTCFocus
Percent Black	Brown University’s LTCFocus
Percent Hispanic	Brown University’s LTCFocus
Percentage of residents covered by health maintenance organization	Brown University’s LTCFocus
Acuity index	Brown University’s LTCFocus
Market control variables
Herfindahl index	Brown University’s LTCFocus
Number of home health agencies per 1000 adults	Brown University’s LTCFocus
Number of short-term hospital beds per 1000 adults	Brown University’s LTCFocus
Medicare managed care penetration rate	Brown University’s LTCFocus
Educational attainment (less than high-school)	Area Resource File