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CEP Public Events

Management in Healthcare: Why Good Practices Really Matter

McKinsey & Co and Centre for Economic Performance


Tuesday 26 October 2010 17:45 - 19:30

Institution of Mechanical Engineers, 1 Birdcage Walk, Westminster, London SW1H 9JJ

About this event

This seminar will present the findings of the latest phase of the joint McKinsey/LSE research into comparative management practices in healthcare. Covering over 1100 hospitals in seven countries (UK, US, Canada, Italy, Sweden, France, Germany)

McKinsey & Co. and The Centre for Economic Performance present:

Management in Healthcare: Why Good Practice Really Matters

Management in Healthcare

Chair:
Nicolaus Henke,
Global Head of McKinseys Health Care Practice (Nicolaus_Henke@mckinsey.com)

Speakers:
Stephen Dorgan,
Partner, McKinsey & Company (Stephen_Dorgan@mckinsey.com)

John Van Reenen,
Director, Centre for Economic Performance (j.vanreenen@lse.ac.uk)

Dennis Layton,
Associate Principal, McKinsey & Company (Dennis_Layton@mckinsey.com)

Rebecca Homkes,
Project Director, Centre for Economic Performance (r.l.homkes@lse.ac.uk)

Authors of Report
Nicholas Bloom, Stanford University
Rebecca Homkes, Centre for Economic Performance
Raffaella Sadun, Harvard Business School
John Van Reenen, Centre for Economic Performance
Stephen Dorgan, McKinsey & Company
Dennis Layton, McKinsey & Company


Time and Venue: Tuesday 26 October 2010, 6.00pm, at The Institution of Mechanical Engineers, One Birdcage Walk, London SW1H 9JJ
Download the press release

Download the full report

Download presentation slides

Download the questionnaire

For more on the Benchmarking Tool for Healthcare, see http://worldmanagementsurvey.org/?page_id=1848

For more work on management in healthcare, see http://cep.lse.ac.uk/_new/research/productivity/management.asp#WiP3
Overview:
This seminar will present the findings of the latest phase of the joint McKinsey/LSE research into comparative management practices in healthcare. Covering over 1100 hospitals in seven countries (UK, US, Canada, Italy, Sweden, France, Germany), this work will show:

  • Hospital-specific management practices are strongly related to health outcomes, such as mortality rates and quality of care

  • There is a strong relationship between national and regional policies and the effectiveness of management practices. Specifically, labour market rigidity, perceived levels of competition, hospital size and ownership type are all important considerations

  • However, the widest variance is within countries as opposed to between countries. At the hospital level there is a particularly strong relationship between management scores and the prevalence of managers with clinical degrees or training

  • This event will review the implications of these findings for policymakers, Academic Health Science Centres, hospitals, investors and patients



Participants are expected to adhere to the CEP Events Code of Conduct.


Directions

This event will take place in Institution of Mechanical Engineers, 1 Birdcage Walk, Westminster, London SW1H 9JJ.