Regina Herzlinger
Regina Herzlinger
Regina "Regi" E. Herzlingeris an American businessperson and academic. She is the Nancy R. McPherson Professor of Business Administration at Harvard Business Schoolwhere she teaches on the Master of Business Administration programme. Herzlinger was the first woman to obtain tenure or become a chair at HBS. She has also been the first woman on several company boards. Her approach has been described as fiscally conservative...
cost determine gives gorilla health industry medicare names price quotes rewards saying spends system time
American industry spends a lot of time on cost accounting, and they do so because it gives them so much more control. But the health system rewards inefficiency. It's not a competitive system where the supplier names the price -- as a doctor, you can't determine the price, Medicare quotes it for you.... When the one saying it is as big a gorilla as Medicare, you say, 'I'll take it.'
equity less maybe
The not-for-profits are not accountable to the equity markets.... It's what makes not-for-profits maybe less efficient.