Transcription of Management in Healthcare: Why good practice really matters
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Management in Healthcare: Why good practice really matters
Management in healthcare : Why good practice really matters 2. Stephen Dorgan McKinsey & Company Dennis Layton McKinsey & Company Nicholas Bloom Stanford University Centre for Economic Performance, London School of Economics Rebecca Homkes Centre for Economic Performance, London School of Economics Raffaella Sadun Harvard Business School Centre for Economic Performance, London School of Economics John Van Reenen Centre for Economic Performance, London School of Economics Management matters : Why good practice really matters 3. Executive summary 1 Hospital-specific Management practices are strongly related to a hospital's quality of patient care and productivity outcomes. For example, this research shows that improved Management practices in hospitals are associated with significantly lower mortality rates and better financial performance. 2. Across countries, there is a wide variation in Management scores. The United Kingdom delivers particularly strong hospital- Management practices relative to its health expenditure.
Implementing systemic change is daunting, but the results from this latest Management Matters in Healthcare research provide an optimistic message: improving management practices is a way to raise both quality and productivity. Thus, instilling better management practices could be a key part of addressing difficult challenges.
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