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Healthy business? Managerial education and management in healthcare

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Listed:
  • Bloom, Nick
  • Lemos, Renato
  • Sadun, Raffaella
  • Van Reenen, John

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

  • Bloom, Nick & Lemos, Renato & Sadun, Raffaella & Van Reenen, John, 2019. "Healthy business? Managerial education and management in healthcare," LSE Research Online Documents on Economics 105014, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:105014
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    References listed on IDEAS

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    1. Amitabh Chandra & Douglas O. Staiger, 2007. "Productivity Spillovers in Health Care: Evidence from the Treatment of Heart Attacks," Journal of Political Economy, University of Chicago Press, vol. 115(1), pages 103-140.
    2. Valero, Anna & Van Reenen, John, 2019. "The economic impact of universities: Evidence from across the globe," Economics of Education Review, Elsevier, vol. 68(C), pages 53-67.
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    JEL classification:

    • J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General

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