Learning from failure in healthcare
Dynamic panel evidence of a physician shock effect
Procedural failures of physicians or teams in interventional healthcare may positively or negatively predict subsequent patient outcomes. We identify this effect by applying (non)linear dynamic panel methods to data from the Belgian transcatheter aorta valve implantation registry containing information on the first 860 transcatheter aorta valve implantation procedures in Belgium.
We find that a previous death of a patient positively and significantly predicts subsequent survival of the succeeding patient. We find that these learning from failure effects are not long-lived and that learning from failure is transmitted across adverse events.
|Keywords||Failure, Learning, Physician behavior|
|JEL||Health: General (jel I10), Health Insurance, Public and Private (jel I13), Government Policy; Regulation; Public Health (jel I18), Field Experiments (jel C93)|
|Persistent URL||dx.doi.org/10.1002/hec.3668, hdl.handle.net/1765/106300|
van Gestel, R, Müller, T, & Bosmans, J. (2018). Learning from failure in healthcare. Health Economics. doi:10.1002/hec.3668