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 Craig GarthwaitePhone:
(202)
746-0990 Professor
Garthwaite is the Herman R. Smith Research Professor in Hospital and Health
Services, Professor of Strategy, and the Director of the Program on
Healthcare at Kellogg (HCAK). He is an applied economist whose research
examines the business of healthcare with a focus on the interaction between
private firms and public policies. His
recent work in the payer and provider sectors has focused on the private
sector effects of the Affordable Care Act, the impact and operation of
Medicaid Managed Care plans, the responses of non-profit hospitals to
financial shocks, and the economic effects of expanded social insurance
programs such as Medicaid and Medicare for All. Professor
Garthwaite also studies questions of pricing and innovation in the
biopharmaceutical sector. In this area he has examined the effect of changes
in market size of investments in new product development, the evolving world of
precision medicine, expanded patent protection on pricing in the Indian
pharmaceutical market, the innovation response of United States
pharmaceutical firms to increases in demand, and the relationship between
health insurance expansions and high drug prices. His
research has appeared in journals such as the Quarterly Journal of
Economics, the American Economic Review, the Annals
of Internal Medicine, and the New England Journal of Medicine.
In addition, he is a frequent media commentator appearing in media outlets
such as the Wall Street Journal, the Washington
Post, and The New York Times. He has also appeared as a guest
on various television and radio shows such as Nightly Business Report and NPR
Marketplace. In 2015, Professor Garthwaite was named one of Poet
and Quants 40 Best under 40 Business School Professors. Garthwaite
received a B.A. and a Masters in Public Policy from the University of Michigan and his
PhD in Economics from the University of Maryland. Prior to receiving his
PhD, he served in a variety of public policy positions including the Director
of Research for the Employment Policies Institute. He has testified before
the United States Senate, United States House of Representatives and state
legislatures on matters related to the healthcare markets, prescription
drugs, the minimum wage, and health care reforms. |
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