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Financial Performance is Associated With PPE Shortages in Chain-Affiliated Nursing Homes During the COVID-19
Yejin Kang1, Samuel V David1, John R Bowblis2
1University of Texas Medical Branch, Galveston, TX, USA.
Abstract:
Many nursing homes operated at thin profit margins prior to the COVID-19 pandemic. This study examines the role of nursing homes' financial performance and chain affiliation in shortages of personal protection equipment (PPE) during the first year of the COVID-19 pandemic. We constructed a longitudinal file of 79 868 nursing home-week observations from 10 872 unique facilities. We found that a positive profit margin was associated with a 21.0% lower probability of reporting PPE shortages in chain-affiliated nursing homes, but not in non-chain nursing homes. Having adequate financial resources may help nursing homes address future emergencies, especially those affiliated with a multi-facility chain.
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