Is Medical Foster Care a cost-effective substitute for Nursing Home Care?
Roee Gutman, PhD
Cari Levy, MD, PhD
Seminar date: 9/20/2017
Description: This presentation will focus on an analysis of costs within the medical foster home program which is designed to provide a home-based alternative to nursing home care. Participants will learn about the strategies used to match the sample of Veterans from this program to Veterans residing in traditional nursing home programs. Participants would also learn about statistical methods that were employed to impute the counterfactual costs of medical foster home residents if they would have received nursing home care instead. This analysis delineates the cost implications of such program to legislators and policymakers.