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Winter 2001
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CHIME to Investigate the Economics of the Healthcare Industry

The newly-created Center for Health Industry Market Economics (CHIME) has been developed by Kellogg to explore economic issues in the healthcare industry. The research focus will take a broad approach to the industry at both the "traditional" sectors of the industry -- physicians and their organizations, hospitals, health systems and insurers -- as well as the developers and suppliers of medical products -- pharmaceutical companies, biotechs, device developers and diagnostics firms.

David Dranove, Ph.D.  
David Dranove, Ph.D.  

David Dranove, Ph.D., the Walter J. McNerney Distinguished Professor of Health Industry Management is the Director of CHIME and Richard Lindrooth, Ph.D., a Research Assistant Professor at Kellogg is the Assistant Director of CHIME. Professor Dranove has developed a cadre of Kellogg professors to work on the Center's research. They include several Management and Strategy Professors: Shane Greenstein, Ph.D., (Elinor and Wendell Hobbs Professor); Anne Gron, Ph.D., (Assistant Professor); Michael Mazzeo (Assistant Professor); Mark Satterthwaite, Ph.D., (Management and Strategy Department Chair and Earl Dean Howard Professor), Kathryn Spier, Ph.D., (Associate Professor): Scott Schaefer (Richard Paget Professor); Daniel Spulber, Ph.D., (Elinor Hobbs Distinguished Professor of International Business); and Scott Stern, Ph.D. (Associate Professor). As well, several faculty from the Health Industry Management Program will contribute to the research efforts: Joel Shalowitz, M.D., MBA; (Professor and Director) Edward F. X. Hughes, M.D., MPH (Professor); Edward Zajac (James Beré Professor); and Thomas Prince, Ph.D., CPA (Professor).

The Center is also beginning to assemble an Advisory Board of well known health industry leaders who can serve as a sounding board regarding ongoing research initiatives and as a driving rod to identify future research opportunities. To date the Advisory Board members include: Gary Mecklenburg (CEO of Northwestern Memorial Healthcare Corp. and Chairman of the Board of the American Hospital Association); L. Edward Bryant (Partner, Gardner, Carton and Douglas); Howard Bolnick (Kellogg clinical faculty member and past Chairman of the Society of Actuaries), and Michael Sieboldt (EVP, Blue Cross of IL).

For more information on CHIME, please contact their web site.

©2001 Kellogg School of Management, Northwestern University