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CONFERENCE ON THE ECONOMICS AND FINANCE OF HEALTHCARE AND MEDICINE

WASHU OLIN BUSINESS SCHOOL

 

DATE April 25, 2025 (US Central Time)    

LOCATION Charles F. Knight Center, Throop & Snow Way, St. Louis, MO

 

Time allocation: 20 minutes for each paper presentation, followed by 10 minutes for the discussion, and 10 minutes for audience participation.

All conference sessions will be held in Knight Center, room 220.

8:00 AM

Breakfast; Anheuser-Busch Dining Hall, 3rd floor, Knight Center

8:30 AM

Welcome Remarks: Anjan Thakor and Barton Hamilton, WashU Olin Business

8:40 AM

Welcome Remarks (cont'd): Dean Mike Mazzeo, WashU Olin Business

Session 1:

INNOVATION IN MEDICINE AND HEALTHCARE

Session Chair: Stephen Ryan, WashU Olin Business

9:00 AM

Valuing Pharmaceutical Drug Innovation

Presenter: Gaurab Aryal, Boston University 

Discussant: Nicolae Garleanu, WashU Olin Business

9:40 AM

On the Economic Infeasibility of Personalized Medicine, and a Solution

Presenter: Pietro Veronisi, Chicago Booth

Discussant: Tong Liu, MIT Sloan

10:20 - 10:35 AM

Coffee Break; 2nd floor break area, Knight Center

Session 2:

FRAUD IN HEALTHCARE

Session Chair: Lamar Pierce, WashU Olin Business

10:35 AM

Competition and Fraud in Healthcare 

Presenter: Ryan McDevitt, Duke University

Discussant: Cecilia Diaz Campo, WashU Olin Business

11:15 AM

Overbilling and Killing? An Elimination of the Skilled Nursing Industry 

Presenter: Alex Priest, University of Rochester

Discussant: Riley League, University of Illinois Urbana-Champaign 

11:55 AM - 1:00 PM

Lunch; 3rd floor, Knight Center Room 340 

 

Session 3:

PROFIT VS NON-PROFIT PROVISION OF HEALTHCARE

Session Chair: Patrick Aguilar, WashU Olin Business 

1:00 PM

When Private Equity Comes to Town: The Local Economic Consequences of Rising Healthcare Costs

Presenter: Richard Thakor, University of Minnesota

Discussant: Jon Garfinkel, University of Iowa 

1:40 PM

Corporate Behavior when Running a Firm for Stakeholders: Evidence from Hospital

Presenter: Christoph Herpfer, University of Virginia

Discussant: Noah Lyman, Warwick Business School 

2:20 - 2:35 PM

Coffee Break; 2nd floor break area, Knight Center

2:35 - 3:35 PM

Keynote Session:

Andrew Lo, MIT Sloan School of Management

3:35 - 3:50 PM

Coffee Break; 2nd floor break area, Knight Center 

Session 4:

TAIL RISKS IN HEALTHCARE

Session Chair: Barton Hamilton, WashU Olin Business

3:50 PM

Firm Investment in the Face of Tail Risk: Evidence from Hospitals 

Presenter: Meghan Esson, University of Iowa

Discussant: Katharina Lewellen, Dartmouth 

Session 5:

MENTAL HEALTH

Session Chair: Barton Hamilton, WashU Olin Business

4:30 PM

Childhood Mental Health and Long-Run Financial Outcomes 

Presenter: Dragana Cvijanovic, Cornell University

Discussant: Nicholas Papageorge, Johns Hopkins University 

5:10 PM

Closing Remarks: Anjan Thakor and Barton Hamilton

5:15 - 6:15 PM

Cocktail Reception; 3rd floor, Knight Center Room 340 

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