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In Defence of Deinstitutionalization, Some Have Argued That It Does

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In defence of deinstitutionalization, some have argued that it does not lead to homelessness or patient abandonment.For example, researchers at the University of Montreal did not find higher rates of homelessness in a deinstitutionalized sample as compared to a control sample of those who were hospitalized during the same interval.What did these researchers find?


Definitions:

Residual Value

The estimated value that an asset will realize upon its sale at the end of its useful life.

Capital Lease

A lease agreement that qualifies as a purchase of an asset for accounting purposes, because it substantially transfers all the benefits and risks of ownership to the lessee.

Incremental Borrowing Rate

The interest rate a lessee would have to pay to borrow, over a similar term and with a similar security, the funds needed to obtain an asset lease.

Leased Equipment

Assets obtained by a company through a leasing agreement, allowing the company to use the equipment without owning it.

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