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Podcast: IMF Podcasts
Episode: Nicola Pierri: Good Hospitals Healthy Economy
Description: Being diagnosed with a serious illness is a shock to the system, and treatment and recovery can mean major disruptions in a person's life. But illness also takes millions of people out of the labor force every year and the quality of the care they receive can determine the extent to which this is a shock to the economy. IMF economist Nicola Pierri, with coauthors Anne-Line Koch Helsø and Adelina Yanyue Wang have published a research paper on The Economic Impact of Healthcare Quality. In this podcast, Pierri says low quality hospitals can wind up being very costly to b...