Health Care Management & Economics

Wharton’s PhD program in Health Care Management and Economics provides an interdisciplinary health services research focus applicable across private and public sectors.

Overview

The program combines intensive training in health care systems and health services research with advanced training in a traditional business discipline.

Our program provides thought leadership and policy development in the following areas of distinction:

  • Value of technology and innovation
  • Health insurance design and reform
  • Design and impact of incentives in numerous health industry contexts
  • Competition and collaboration across the value chain
  • The broad interprofessional/multidisciplinary work of the Leonard Davis Institute of Health Economics

Wharton’s doctoral program is unique among similar programs because it provides a strong background in microeconomic theory, an advanced teaching of econometric and statistical techniques, a comprehensive analysis of both health economics and health care services research, and grounding in management/strategy theory and research. The doctoral program complements the course work with numerous opportunities to collaborate with faculty members in research projects exploring a wide variety of topics in the health economics and management fields.

Sample Schedule

Years 1 and 2
  • Coursework
  • Examination
  • Research Papers
  • Research Activities
  • Completion of Other Requirements by Field
Year 3
  • Directed Reading & Research
  • Admission to Candidacy
  • Formulation of Research Topic
Years 4 and 5
  • Continued Research
  • Oral Examination
  • Dissertation
General requirements for candidates in Health Care Management and Economics are the following:
Discipline Course Units
Health Care 6
Statistics 2
Microeconomics 2
Major & Minor Disciplinary Cluster 6
Dissertation
Total 16

Disciplinary Clusters

The purpose of the disciplinary cluster is to equip candidates to conduct research in their areas of choice and to teach in fields in addition to Health Care Management and Economics. The courses may be drawn from the following clusters:

  • Economics/Public Management
  • Operations and Information Management
  • Statistics/Epidemiology
  • Finance/Accounting
  • Management
  • Marketing
  • Public Policy and Management

Student Involvement in the Department

Students participate in faculty-supervised projects as research fellows, starting in the second year of the program. This work provides first-hand knowledge of research methods and design and often furnishes the basis for a dissertation topic. It also teaches students the art of securing funding for research, which is important for any aspiring health services researcher. Students are also expected to participate in the Leonard Davis Institute’s Research and Policy Seminar Series, which feature external speakers working on cutting-edge health services research projects and policy issues. In addition to regular seminars, all PhD students are expected to participate in the department colloquium, which features discussion of research in progress by faculty members, students, and guests.

Health Care Courses

The major field course requirements are selected from the following list. Normally, all PhD students are expected to take HCMG 900, 901, and 903.
HCMG 845 Managed Care and the Industrial Organization of Health Care
HCMG 849 Financial Management of Health Institutions
HCMG 850 Health Policy: Health Care Reform and the Future of the American Health System
HCMG 852 Health Services Delivery: A Managerial Economic Approach
HCMG 853 Medical Devices
HCMG 859 Management and Economics of the Pharmaceutical, Biotech & Medical Device Industries
HCMG 900-001 Proseminar in Health Services Research: Models and Methods
HCMG 900-002 Proseminar in Health Services Research: Health Econometrics
HCMG 901 Seminar in Health Care Cost Benefit and Cost-Effectiveness Analysis
HCMG 903 The Economics of Health Care and Policy
HCMG 999 Independent Study

Core Courses

Health Care Courses

The major field course requirements are selected from the following list. Normally, all PhD students are expected to take HCMG 900, 901, and 903.
HCMG 845 Managed Care and the Industrial Organization of Health Care
HCMG 849 Financial Management of Health Institutions
HCMG 850 Health Policy: Health Care Reform and the Future of the American Health System
HCMG 852 Health Services Delivery: A Managerial Economic Approach
HCMG 853 Medical Devices
HCMG 859 Management and Economics of the Pharmaceutical, Biotech & Medical Device Industries
HCMG 900-001 Proseminar in Health Services Research: Models and Methods
HCMG 900-002 Proseminar in Health Services Research: Health Econometrics
HCMG 901 Seminar in Health Care Cost Benefit and Cost-Effectiveness Analysis
HCMG 903 The Economics of Health Care and Policy
HCMG 999 Independent Study

Statistics and Microeconomics

A one-year graduate level sequence in statistics or in probability and statistics is required. Any of the following sample sequences can be used. Students may substitute other graduate level courses upon approval of the graduate director of the Statistics department.

  • STAT 520 and 521 This is an applied and computational statistics and econometrics sequence. It has been specifically designed for students with interests in applied economics, operations management or other quantitative specialties. This should be appropriate for a majority of doctoral students at Wharton.
  • STAT 520 and 512 This consists of a course in applied statistics and an introductory course in statistical theory.
  • STAT 510 and 520 This consists of a course in probability theory and an introductory course in applied statistics.
  • STAT 550 and 551 The sequence covers mathematical statistics and theory and applications of linear models. This sequence is primarily designed as an introduction for doctoral students in statistics.
  • ECON 705 and 706 Theoretical foundations of econometrics, and time series theory and methodology.
  • STAT 500 and 501 This may be a better choice for students with backgrounds and research interests in the social and behavioral sciences since it concentrates more on methods frequently applied it those areas.

The microeconomics requirements can be met with:

  • ECON 681 and 682 (or ECON 701 and 703)

Get the Details.

Visit the Health Care Management and Economics website for details on program requirements and courses. Read faculty and student research and bios to see what you can do with a Health Care Management and Economics PhD.

Contact


Health Care Management and Economics Program
Doctoral Coordinator
Prof. Guy David
Gilbert and Shelley Harrison Associate Professor of Health Care Management, Associate Professor, Medical Ethics and Health Policy, Perelman School of Medicine
Email: gdavid2@wharton.upenn.edu
Phone: (215) 573-5780

Associate Director
Joanne Levy
Email: levyj@wharton.upenn.edu

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Faculty Members
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PhD Students