inefficiencies

Can Health Care Be High Quality But Inefficient?

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Can Health Care Be High Quality But Inefficient? We can have both, but we must challenge some of our assumptions and redesign the way we work.” The health care system is inefficient in part because it is complex, and some health care professionals might call the idea of an “efficient health care system” an oxymoron

Is It Necessary That A Technically Efficient Firm Is Economically Efficient?

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Is It Necessary That A Technically Efficient Firm Is Economically Efficient? Technical efficiency is really a prerequisite for economic efficiency. This means that in order to achieve economic efficiency, one should have achieved technical efficiency. Only if technical efficiency is achieved can one get better economic efficiency. Are technologically efficient and economically efficient same thing?