Gerard J. Wedig

Associate Professor of Business Administration Office: CS-3-160J Carol Simon Hall Phone: (585) 273-1647 Email: gerard.wedig@simon.rochester.edu

  

Professor Wedig’s research interests involve the application of corporate finance, governance, organizational economics and incentives to the health care industry. He has studied the investment and financing decisions of hospitals and nonprofit entities, incentive payment systems for physicians and hospitals, and a variety of other issues in health economics, including the incentive effects of Medicare and Medicaid payment systems on costs, insurance coverage and charity care. His current research focuses on the organizational economics of the managed care industry. Wedig’s publications have appeared in The Journal of Finance,the Journal ofBusiness, the Review of Economics and Statistics,the Journal of Health Economics, Health Affairs, Medical Care Researchand Reviewand other journals. In addition, he has been the recipient of numerous research grants from the Centers for Medicare and Medicaid Services (formerly HCFA) and the Robert Wood Johnson Foundation.

Wedig teaches courses in organizational economics as well as the corporate finance and governance of health care organizations. He has consulted to numerous medical organizations including hospitals, H.M.O.’s, physician groups, pharmaceutical firms and consulting firms on issues of health care finance. Prior to joining the Simon School, Wedig taught at Boston University’s School of Management, the Wharton School at the University of Pennsylvania and Indiana University’s Kelley School of Business.

B.S. (summa cum laude), Economics, Washington University (St. Louis)

M.A., Economics,

Harvard University

Ph.D., Economics,

Harvard University

 

Curriculum Vita

 

Recent Articles and Working Papers

Clustering, Agency Costs and operating Efficiency: Evidence fom Nursing Home Claims, with Susan Lu.

Board Composition and Nonprofit Conduct: Evidence From Hospitals, with James A. Brickley and R. Lawrence Van Horn. Journal of Economic Behavior and Organization, 76(2010), 196-208.

The Value of Consumer Choice and the Decline in HMO Enrollments. Forthcoming in Economic Inquiry.

'De Facto' Residual Claimants and Nonprofit Governance: Who Profits When Nonprofits Profit? Working paper.