Nursing Home Feasibility Guide for Local Decision Makers in the Rural Ozarks

John A. Kuehn, Damian Suits, Bob McGill and Marlys K. Nelson

No 309244, Agricultural Information Bulletins from United States Department of Agriculture, Economic Research Service

Abstract: Local decisionmakers in the rural Ozarks will find this budget analysis useful in evaluating potential need for nursing homes and projecting capital and operating costs. The procedure developed for estimating the number of potential nursing home residents by zip code areas within a county is based on national utilization rates of nursing homes. Average capital and operating cost budgets are calculated from accounting reports and applications for construction funds of nursing homes in Missouri and northeast Oklahoma. As of October 1978, the average capital cost per nursing home bed was $18,402; the average annual operating cost per bed was $6,467.

Keywords: Health; Economics; and; Policy (search for similar items in EconPapers)
Pages: 35
Date: 1980-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersab:309244

DOI: 10.22004/ag.econ.309244

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