Hospitals: The Market for Health Care Facilities

Health care facilities include hospitals and nursing homes. Demand for beds and occupancy depends on income, prices and insurer restrictions. The supply of beds is limited by regulatory certificates of need. The implied equilibrium vacancy leads to a trade‐off with rate increases. Rate increases est...

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Veröffentlicht in:Real estate economics 2007-03, Vol.35 (1), p.113-134
Hauptverfasser: Benjamin, John D., Chinloy, Peter, Megbolugbe, Isaac F.
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Sprache:eng
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