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Healthy Business? Managerial Education and Management in Health Care

Author

Listed:
  • Nicholas Bloom

    (Stanford University, SIEPR, NBER)

  • Renata Lemos

    (World Bank, CEP-LSE)

  • Raffaella Sadun

    (Harvard University)

  • John Van Reenen

    (MIT, CEP-LSE)

Abstract

We investigate the link between hospital performance and managerial education by collecting a large database of management practices and skills in hospitals across nine countries. We find that hospitals closer to universities offering both medical education and business education have lower mortality rates from acute myocardial infarction (heart attacks), better management practices, and more MBA-trained managers. This is true compared to the distance to universities that offer only business or medical education (or neither). We argue that supplying bundled medical and business education may be a channel through which universities improve management practices in hospitals and raise clinical performance.

Suggested Citation

  • Nicholas Bloom & Renata Lemos & Raffaella Sadun & John Van Reenen, 2020. "Healthy Business? Managerial Education and Management in Health Care," The Review of Economics and Statistics, MIT Press, vol. 102(3), pages 506-517, July.
    • Handle: RePEc:tpr:restat:v:102:y:2020:i:3:p:506-517
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • I1 - Health, Education, and Welfare - - Health
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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