The Impact of Nursing Home Lawsuits on Healthcare Costs

What type of information does the national study about nursing home lawsuits represent? The data collected by the study about lawsuits related to nursing homes signifies an example of primary data - information collected directly from first-hand experience.

The information gathered by the national sample study mentioned in the question represents an example of primary data. Primary data are information collected directly from first-hand experience, in this case, through a national sample of lawyers. This information about the total dollars expended by nursing homes and their insurance companies to pay for litigation related costs and the statistics about the average recovery of lawsuits involves direct observation or experiences in the field.

The data collected involving settlements and recovery amounts are used to make decisions or research conclusions about significant issues related to nursing homes, their finances, and their legal challenges. Hence, this direct form of data collection, which forms the basis of the research study in question, is an example of primary data.

← Calculating marked price and discount rate in a computer sale A bank s strategy to increase mobile app downloads →