Factor 1 | Factor 2 | Factor 3 | Factor 4 | Commonality | |
Bedconversion and downsizing | Diversification of medical and nursing care | Expansion in business scale | Expansion of income from non-insured medical care | ||
(14) Conversion of beds to elder care facilities | 0.701 | 0.225 | 0.028 | −0.012 | 0.543 |
(12) Shifting businesses to fee-based homes for the elderly, service-added housing for the elderly | 0.604 | 0.295 | 0.033 | 0.000 | 0.452 |
(11) Reduction in surplus beds | 0.464 | −0.020 | 0.116 | 0.019 | 0.229 |
(15) Sale of businesses or closing of hospitals | 0.461 | −0.079 | 0.072 | 0.055 | 0.227 |
(3) Promotion of combined management of medical and nursing care | 0.131 | 0.845 | 0.151 | 0.154 | 0.778 |
(2) Better support function for in-home care | 0.048 | 0.572 | 0.055 | 0.175 | 0.363 |
(13) Expansion through acquisition | 0.168 | 0.069 | 0.793 | 0.131 | 0.678 |
(9) Expansion through new construction | 0.078 | 0.116 | 0.652 | 0.152 | 0.468 |
(8) Expansion of revenues through specific medical expenses and non-insured services such as private practices | 0.092 | 0.092 | 0.195 | 0.717 | 0.569 |
(5) Better preventive medical care through medical checkups, screenings, and brain checkups | −0.029 | 0.224 | 0.089 | 0.597 | 0.415 |
Cronbach’s α | 0.643 | 0.696 | 0.711 | 0.623 | |
Factor contribution | 1.347 | 1.263 | 1.146 | 0.968 | |
Aggregate contribution rate (%) | 13.465 | 26.094 | 37.550 | 47.233 |