Table A1

Characteristics based on provider, funding and ownership structure

Service providerMain funding sourceLarge complex chainsCharacteristics and example
PublicPublicNoState-owned and operated care homes; managed directly by regional or local governments; decreasing in number (e.g. Residencia De Mayores De Rafelbunyol S A M P Sociedad Anonima)
PrivatePublicNoSmall to mid-sized privately owned companies with direct ownership; less opaque structures; regionally focused (e.g. Luanco Centro Geriatrico SL)
PrivatePrivateNoPrivately owned homes operating without public subsidies; clear ownership, smaller scale (e.g. Nelva Residencia Tercera Edad SL)
PrivatePublicYesLarge chains owned by PE funds or investment groups; use multi-layered structures; high opacity (e.g. Amavir)
PrivatePrivateYesHighly financialized chains targeting high-income clientele; less prevalent but present in urban centers (e.g. Intercentros Ballesol S.A.)
Source(s): Own elaboration

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