Nursing homes are healthcare providers for persons, often elderly, who need assistance living with chronic illness. This article describes the main economic issues of supply and demand for nursing home care, including quality of care and long-term care insurance.Nursing home care is an important...

Risk adjustment is used in settings with uncertainty to make payments or allow comparisons of outcomes while controlling for exogenous risk factors that explain variations in the outcome of interest, such as spending, utilisation, quality or death. This article focuses on the conceptual and...

This article delineates a broad conceptual framework for predicting physician behavioral response to financial incentives. The framework views incentives within a two-tiered hierarchy: (1) private health plan or public program payments to the provider organization, e.g., the medical group...