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Healthy Business? Managerial Education and Management in Healthcare

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  • Nicholas Bloom
  • Renata Lemos
  • Raffaella Sadun
  • John Van Reenen

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 that are closer to universities offering both medical education and business education have higher management quality, more MBA trained managers and lower mortality rates. This is true compared to the distance to universities that offer only business or medical education (or neither). We argue that supplying joint MBA-healthcare courses may be a channel through which universities increase medical business skills and raise clinical performance.

Suggested Citation

  • Nicholas Bloom & Renata Lemos & Raffaella Sadun & John Van Reenen, 2017. "Healthy Business? Managerial Education and Management in Healthcare," NBER Working Papers 23880, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:23880
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    References listed on IDEAS

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    1. 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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    More about this item

    JEL classification:

    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • M5 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics

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