Competition in Aged Care: Impact on Quality and Pricing - Research Findings

Explore the effectiveness of competition in Australia's residential aged care sector through this 46-minute talk. Analyze data-driven research examining the relationship between market competition, quality of care, and pricing in aged care facilities. Compare the performance of for-profit, not-for-profit, and public-owned providers. Delve into competition measures, quality indicators, price factors, and market failure sources. Gain insights into potential improvements for the aged care system, including national standards. Engage with discussions on endogeneity, rural vs. urban differences, quality dimensions, and international evidence.

Introduction
Acknowledgements
Competition and market
Objective
Data
Competition measures
Quality measures
Price measures
Covariance measures
Competition maps
Competition quality and price
Complaints and assaults
Additional results
Summary
Sources of market failures
Make competition work better
National standards
Questions
Endogenicity
Rural vs urban
Quality dimensions
Evidence from other countries