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Cory Capps
Cory Capps

MANAGEMENT & STRATEGY; HEALTH INDUSTRY MANAGEMENT
Lecturer in Health Enterprise Management

Print Overview
Cory Capps has more than 10 years of experience as an economist specializing in industrial organization, empirical methods, and antitrust, with a focus on the health care industry. He has advised both private firms and government agencies on issues relating to hospital market power and competition, and he has experience analyzing joint ventures, group purchasing organizations, price-fixing and market allocation, and vertical foreclosure. Recently, Dr. Capps served as an outside expert in a Department of Justice investigation of a proposed merger in the health care sector.

Prior to joining Bates White, Dr. Capps was a Staff Economist at the Antitrust Division of the Department of Justice (DOJ) where he concentrated on the analysis of competition in health care markets including merger and civil nonmerger investigations of hospitals, physicians, nurses, insurers, home health agencies, and ambulatory surgery centers. While at the DOJ, he provided written testimony on geographic market definition before the DOJ/FTC Hearings on Health Care Competition, Policy, and Law. And he provided oral testimony on for-profit and nonprofit hospital market power and pricing before the DOJ/FTC Hearings on Health Care Competition, Policy, and Law.

In addition to Dr. Capps' broad health care experience, he has conducted economic analysis for investigations and cases involving a variety of industries such as airlines, semiconductors, newspapers, online content providers, and genetically modified crops. Dr. Capps has also provided economic consulting services to corporations on business and strategy issues. Specifically, he has used theoretical and empirical analyses to offer strategic advice to online content providers regarding keyword search advertising.

Dr. Capp's academic career includes professorships at the University of Illinois at Urbana-Champaign and at Northwestern University's Kellogg School of Management. He has published widely in journals including RAND Journal of Economics, Journal of Economics and Management Strategy, Journal of Health Economics, Antitrust Bulletin, Health Affairs and Health Economics, Policy and Law.
Print Vita
 
Print Research
Articles
Dranove, David, Cory Capps and Leemore S. Dafny. 2010. A Competitive Process for Procuring Health Services: A Review of Principles with an Application to Cataract Services. SPP Research Paper: The Health Series. The School of Public Policy, University of Calgary 2(5)
Abstract

 
Print Teaching
Full-Time / Part-Time MBA
Healthcare Markets (HEMA-920-B)
This course applies the basic tools and principles of Microeconomics, Industrial organization, and Strategy to analyzing the structure and operation of healthcare markets. Students who successfully complete this course will be able to  Understand the nature of relationships between the full set of healthcare industry players, including key aspects of the legal and regulatory frameworks that govern healthcare markets  Understand the key trends, cost-drivers, and profit-drivers throughout the healthcare system.  Understand the language of the healthcare reform debate; evaluate the likely effects of alternative proposals on industry landscape  Describe the U.S. health insurance industry, explain the incentives facing insurers, strategies they use to successfully compete, and the welfare implications of those strategies  Describe the quality movement, including the strengths and weaknesses of current approaches to measuring and rewarding quality  Evaluate the effectiveness of price and nonprice competition in the healthcare market. Describe strategies to improve the effectiveness of competition, including antitrust policy This course will interest students planning on careers in the healthcare industry or related industry, as well as students who are interested in the application of economics to business and policy issues. A significant portion of this course will involve discussions and analyses of antitrust issues in the healthcare sector. This is because antitrust analysis, in addition to being directly relevant to firm performance, hones in on the key competitive factors that determine economic outcomes (prices, quantities, profits, transaction costs, the boundaries of the firm …) in an industry. Prerequisites: Core micro/strategy. No knowledge of the healthcare system is necessary.

Strategy, Competition, and Policy in Healthcare Markets (MGMT-946-0)
This course will apply the basic tools and principles of Microeconomics, Industrial Organization, and Competitive Strategy to analyze the structure and operation of U.S. healthcare markets. The course will do so by examining industry profit drivers, the successes and failures of competition and market forces, how legislation and regulation encourage, restrict, or displace competition in the healthcare sector, market and regulatory failures, and the trade-offs between market-based and regulatory proposals for reform. Students who successfully complete this course will be able to understand the relationships between the key healthcare industry players and trends, cost and profit drivers in the healthcare system, the healthcare reform debate, and the likely effects of alternative proposals on the industry landscape. The course will interest students planning on careers in the healthcare industry or related industries, as well as students interested in the application of economics and strategy to business and policy issues.