Singh, Yashaswini

Assistant Professor of Health Services, Policy and Practice

Overview

Yashaswini Singh, PhD, MPA is a health care economist and Assistant Professor at Brown University. Her areas of expertise include health care consolidation and corporatization, including by private equity firms, and the downstream effects on health care spending, access, quality, and the clinical workforce. Dr. Singh's research has been published in high-impact peer-reviewed journals, featured in national media outlets, and frequently cited in policy discourse. She has presented her research to the US Congress, the Federal Trade Commission, National Conference of State Legislatures, and National Academy for State Health Policy, and testified before state legislatures on strategies to address health care corporatization.

In 2025, Dr. Singh was named an Aspen Ideas Health Fellow, an honor recognizing health care leaders with the ability to transform ideas into action. She has received honors and awards from the American Society of Health Economists — including its 2026 Program Chair Award — the International Health Economics Association, and AcademyHealth, a teaching award from Johns Hopkins University, and the Richard B. Salomon Faculty Research Award from Brown University.

Dr. Singh holds a PhD from Johns Hopkins University, a graduate degree in international finance and economic policy from Columbia University, and a bachelor’s degree in mathematics and economics from Bryn Mawr College. In addition to her academic career, she has extensive private sector experience in antitrust and competition.

Brown Affiliations

Health Services, Policy and Practice

Publications Visualize it

Singh, Yashaswini, Lei, Qi, Dixit, Meehir, Whaley, Christopher M. "Low-Value Care Following Hospital and Private Equity Acquisition in Primary Care." Medical Care Research and Review, 2026.

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Dixit, Meehir N., Philips, Alexander P., Trivedi, Amal N., Whaley, Christopher, Singh, Yashaswini. "Private Equity Acquisition in Primary Care and Avoidable Hospitalizations." JAMA Health Forum, vol. 7, no. 5, 2026, pp. e261045.

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Singh, Yashaswini, Dixit, Meehir N., Trivedi, Amal N., Whaley, Christopher M. "Private Equity Acquisitions In Primary Care: Changes In Utilization, Spending, And Workforce." Health Affairs, vol. 45, no. 6, 2026, pp. 629-636.

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Arnold, Daniel R., Reddy, Megha, Cantor, Jonathan, McBain, Ryan K., Yu, Hao, Whaley, Christopher M., Singh, Yashaswini. "Private Equity in Autism Services." JAMA Pediatrics, vol. 180, no. 3, 2026, pp. 341.

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Singh, Yashaswini, Reddy, Megha, Papanicolas, Irene, Scheffler, Richard. "Private equity investments in health care in OECD countries: an exploratory analysis." Health Economics, Policy and Law, 2026, pp. 1-28.

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Carder, Paula, Dys, Sarah, Kohon, Jacklyn N, Bowblis, John R, Singh, Yashaswini, Huang, Sean Shenghsiu, Bunker, Jennifer N, Smith, Lindsey, Rahman, Momotazur, Thomas, Kali S. "Why and how is private equity involved in assisted living community development and operations?." Health Affairs Scholar, vol. 4, no. 6, 2026.

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Torabzadeh, Hamid, Singh, Yashaswini. "Association Between Market-Level Characteristics and Cardiologists Acquired by Private Equity in the United States." Circulation: Cardiovascular Quality and Outcomes, vol. 18, no. 11, 2025.

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Khunte, Mihir, Radhakrishnan, Nandita, Whaley, Christopher, Singh, Yashaswini. "Association of Private Equity and Hospital Consolidation and Negotiated Prices of Radiologic Services." Journal of the American College of Radiology, vol. 22, no. 11, 2025, pp. 1380-1387.

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Singh, Yashaswini. "Financialization and the Fragility of Maternal Health Access." Health Services Research, vol. 61, no. 1, 2025.

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Singh, Yashaswini, Radhakrishnan, Nandita, Adler, Loren, Whaley, Christopher. "Growth of Private Equity and Hospital Consolidation in Primary Care and Price Implications." JAMA Health Forum, vol. 6, no. 1, 2025, pp. e244935.

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Singh, Y., Radhakrishnan, N., Adler, L., Whaley, C.M. "Growth of Private Equity and Hospital Consolidation in Primary Care and Price Implications." JAMA Health Forum, 2025.

Philips, Alexander P., Radhakrishnan, Nandita, Whaley, Christopher M., Singh, Yashaswini. "Hospital- And Private Equity–Affiliated Specialty Physicians Negotiate Higher Prices Than Independent Physicians." Health Affairs, vol. 44, no. 10, 2025, pp. 1226-1234.

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"How Should We Stop Private Equity Firms From Exploiting Public Health Insurance?." AMA Journal of Ethics, vol. 27, no. 5, 2025, pp. E346-353.

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Singh, Yashaswini, Song, Zirui, Polsky, Daniel, Zhu, Jane M. "Increases In Physician Professional Fees In Private Equity–Owned Gastroenterology Practices." Health Affairs, vol. 44, no. 2, 2025, pp. 215-223.

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Singh, Yashaswini, Cardenas, Geronimo Bejarano, Torabzadeh, Hamid, Borkar, Durga, Whaley, Christopher M. "Physician Turnover Increased In Private Equity–Acquired Physician Practices." Health Affairs, vol. 44, no. 3, 2025, pp. 280-287.

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Singh, Yashaswini, Cantor, Jonathan, Whaley, Christopher M., Shuey, Bryant, Bilden, Rebecca, Donahoe, J. Travis. "Private Equity Acquiring Large Shares Of The Opioid Treatment Market Without Changing Market-Level Methadone Supply." Health Affairs, vol. 44, no. 9, 2025, pp. 1181-1189.

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Bejarano, Geronimo, Torabzadeh, Hamid, Borkar, Durga, Whaley, Christopher, Singh, Yashaswini. "Private Equity Acquisitions and Industry Payments in Ophthalmology." JAMA Ophthalmology, vol. 143, no. 4, 2025, pp. 360.

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Khunte, Mihir, Singh, Yashaswini. "Private Equity Acquisitions of Radiology Practices From 2013 to 2023: National- and State-Level Analyses." American Journal of Roentgenology, vol. 224, no. 5, 2025.

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Singh, Yashaswini, Cardenas, Geronimo Bejarano, Torabzadeh, Hamid, Whaley, Christopher M., Borkar, Durga. "Private Equity–Owned Physician Practices Decreased Access To Retinal Detachment Surgery, 2014–22." Health Affairs, vol. 44, no. 5, 2025, pp. 589-596.

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Singh Y. "The Antitrust Antidote to Hospital and Nursing Home Corporatization - Promises and Pitfalls." New England Journal of Medicine, vol. 393, no. 18, 2025, pp. 1761-1764.

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Singh, Yashaswini, Fuse Brown, Erin, Papanicolas, Irene. "The Rise of Private Equity in Health Care — Not a Uniquely American Phenomenon." New England Journal of Medicine, vol. 392, no. 7, 2025, pp. 627-629.

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Reddy, Megha, Li, Grace, Singh, Yashaswini. "Trends in Private Equity Acquisition of US Physical Therapy Clinics, 2010 to 2024." Journal of the American Academy of Orthopaedic Surgeons, vol. 34, no. 8, 2025, pp. e1136-e1143.

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Bunker, Jennifer N., Singh, Yashaswini, Gadkari, Gauri, Bowblis, John, Smith, Lindsey, Carder, Paula, Huang, Sean, Rahman, Momotazur, Thomas, Kali S. "Trends in Private Equity Acquisitions of Assisted Living Facilities." JAMA Network Open, vol. 8, no. 11, 2025, pp. e2543864.

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Yashaswini Singh, Christopher M Aderman, Zirui Song, Daniel Polsky, Jane M Zhu. "Increases in Medicare Spending and Utilization following Private Equity Acquisition of Retina Practices." Ophthalmology, 2024.

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Yashaswini Singh, Megha Reddy, Jane M. Zhu. "Life Cycle of Private Equity Investments in Physician Practices: An Overview of Private Equity Exits." Health Affairs Scholar, 2024.

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Singh, Y., Cantor, J., Brown, E.F., Whaley, C.M. "Private Equity Penetration in Behavioral Health in the United States, 2010-2022." Journal of General Internal Medicine, 2024.

Singh, Yashaswini, Cantor, Jonathan, Brown, Erin Fuse, Whaley, Christopher. "Private Equity Penetration in Behavioral Health in the United States, 2010–2022." Journal of General Internal Medicine, vol. 40, no. 7, 2024, pp. 1690-1692.

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Singh, Y., Reddy, M., Whaley, C.M. "Trends in Private Equity Consolidation in Cardiovascular Care." JAMA Health Forum, 2024.

Yashaswini Singh, Matthew D Eisenberg, Neeraj Sood. "Factors Associated With Public Trust in Pharmaceutical Manufacturers." JAMA Health Forum, 2023.

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Joseph Dov Bruch, Canyon Foot, Yashaswini Singh, Zirui Song, Daniel Polsky, Jane M Zhu. "Workforce Composition In Private Equity–Acquired Versus Non–Private Equity–Acquired Physician Practices." Health Affairs, 2023.

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Matthew D Eisenberg, Yashaswini Singh, Neeraj Sood. "Association of direct-to-consumer advertising of prescription drugs with consumer health-related intentions and beliefs among individuals at risk of cardiovascular disease." JAMA Health Forum, 2022.

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Yashaswini Singh, Zirui Song, Daniel Polsky, Joseph D Bruch, Jane M Zhu. "Association of private equity acquisition of physician practices with changes in health care spending and utilization." JAMA Health Forum, 2022.

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Yashaswini Singh, Jane M Zhu, Daniel Polsky, Zirui Song. "Geographic variation in private equity penetration across select office-based physician specialties in the US." JAMA Health Forum, 2022.

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Aditi P Sen, Yashaswini Singh, Mark K Meiselbach, Matthew D Eisenberg, Gerard F Anderson. "Participation, pricing, and enrollment in a health insurance “public option”: evidence from Washington State's Cascade Care Program." The Milbank Quarterly, 2022.

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Aditi P Sen, Yashaswini Singh, Gerard F Anderson. "Site‐based payment differentials for ambulatory services among individuals with commercial insurance." Health Services Research, 2022.

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Research

Scholarly Work

INVITED TESTIMONY AND BRIEFINGS (FEDERAL AND STATE)

Expanding Access to Medication for Opioid Use Disorder: Pathways, Barriers, and Policy Solutions. Congressional Addiction, Treatment, and Recovery Caucus, Washington, DC, June 2026.
Commercialization of Health Care. 2026 Congressional Conference, Aspen Institute Congressional Program, New York, NY, June 2026.
Private Equity in Health Care. Congressional Breakfast for Members of Congress, Aspen Institute Congressional Program, Washington, DC, March 2026.
Testimony on SF2939, Health Care Accountability Act. Minnesota Senate Health and Human Services Committee, March 2026.
Testimony on HF5398, An Act Concerning the Review of Health Care Entity Transactions. Connecticut General Assembly Public Health Committee, March 2026.
Testimony on HF2779, Health Care Accountability Act. Minnesota House of Representatives Health Finance and Policy Committee, March 2026.
Testimony on H583, An Act Relating to Health Care Financial Transactions and Clinical Decision Making. Vermont House Committee on Health Care, January 2026.
Profit Over Quality: Examining the Effects of Private Equity on Veteran Healthcare. House Committee on Veterans' Affairs Democrats Roundtable, Washington, DC, September 2025.

INVITED TALKS (GOVERNMENT AND INDUSTRY)

Supporting State Policymakers to Understand Private Equity in Health Care. National Academy for State Health Policy, virtual, May 2026.
Forum on Healthcare Consolidation and Private Equity. Office of the Attorney General, Connecticut, Hartford, CT, January 2026.
Private Equity's Impact on the Practice of Medicine. Health Affairs, virtual, December 2025.
Trends in the Financialisation of Outpatient Care Across OECD Countries. Organisation for Economic Co-operation and Development, virtual, October 2025.
Private Equity Acquisitions of Physician Practices: Trends, Effects, and Policy. Commonwealth Fund, virtual, October 2025.
Legal Aspects and Structural Impact of Alternate Practice Entities: Private Equity Investments in Health Care. American Gynecological and Obstetrical Society Annual Meeting, Denver, CO, September 2025.
Private Equity Employment of US Physicians: Evidence and Policy Considerations. National Institute on Aging Workshop on Changing Ownership of Health Care Entities, virtual, September 2025.
Private Equity Acquiring Large Shares of the Opioid Treatment Market Without Changing Market-Level Methadone Supply. Health Affairs, virtual, September 2025.
Affordable Health Care, State by State: Strategies to Contain Commercial Health Care Costs. National Conference of State Legislatures, Denver, CO, August 2025.
Private Equity Acquisitions of Physician Practices: Trends, Effects, and Policy. Grand Rounds, Main Line Health, virtual, May 2025.
Vertical Alignment and Medicare Advantage Risk Coding. Applied Microeconomics Seminar, RAND Corporation, Washington, DC, May 2025.
What Should Clinicians and Patients Know About Private Equity in Health Care? American Medical Association Journal of Ethics Grand Rounds, virtual, May 2025.
Private Equity Acquisitions of Physician Practices: Trends, Effects, and Policy. Coverage and Payment Strategy, RAND Corporation, virtual, April 2025.
Private Equity Investments in Primary Care: Evidence and Policy. American Academy of Family Physicians, Washington, DC, February 2025.
Private Equity Investments in Physician Practices in Maryland. Maryland Health Care Commission, virtual, January 2025.
Private Equity Investments in Primary Care: Evidence and Policy. Rhode Island Department of Health, Providence, RI, January 2025.
The Continued Rise of Corporate Entity-Owned Practices: A Growing Power Player in Medicine. American Medical Association, Chicago, IL, November 2024.
Private Equity Investments in Physician Practices in Maryland. Office of the Attorney General, Maryland, virtual, November 2024.
Health Care in the United States. Commonwealth Fund, New York, NY, October 2024.
Private Equity Rollups. Federal Trade Commission, Washington, DC, March 2024.
Private Equity Acquisitions of Physician Practices: Trends, Effects, and Policy. American Academy of Family Physicians, Washington, DC, February 2024.
Can Private Equity Buy Referrals? NERA Economic Consulting, Washington, DC, December 2023.
Changes in Health Care Spending and Utilization After Private Equity Acquisitions of Physician Practices. FTI Consulting, Washington, DC, May 2023.
How Private Equity Investors Are Reshaping Health Care. Association of Health Care Journalists, St. Louis, MO, April 2023.

INVITED TALKS (ACADEMIC)

USC Leonard D. Schaeffer Institute for Public Policy & Government Service, Los Angeles, CA, September 2026.
University of Alabama at Birmingham, Lister Hill Center for Health Policy, School of Public Health, Birmingham, AL, June 2026.
Who Owns Healthcare? Private Equity, Consolidation, and the Corporate Transformation of Medicine. Baylor College of Medicine, virtual, April 2026.
Stress Testing Markets for Cardiac Care. Pennsylvania State University, Center for Health Care and Policy Research, University Park, PA, April 2026.
Stress Testing Markets for Cardiac Care. University of Pennsylvania, Leonard Davis Institute of Health Economics, Philadelphia, PA, January 2026.
Vertical Alignment and Medicare Advantage Risk Coding. Yale School of Public Health, New Haven, CT, May 2025.
Can Private Equity Buy Referrals? University of Pennsylvania Perelman School of Medicine, Philadelphia, PA, February 2023.
Private Equity and Physician Strategy. University of Wisconsin School of Business, Madison, WI, January 2023.
Can Private Equity Buy Referrals? Brown University School of Public Health, Providence, RI, December 2022.

CONFERENCE PRESENTATIONS

Stress Testing Markets for Cardiac Care. American Society of Health Economists 15th Annual Conference, Minneapolis, MN, June 2026.
Solve It Together: Who Owns Your Doctor's Office? Data Strategies for Tracking Corporate Ownership Across Health Care Settings. AcademyHealth Annual Research Meeting, Seattle, WA, June 2026.
Private Equity Hospital Ownership and Artificial Intelligence Adoption. AcademyHealth Annual Research Meeting, Seattle, WA, June 2026.
Private Equity Acquisition in Primary Care and Avoidable Hospitalizations. AcademyHealth Annual Research Meeting, Seattle, WA, June 2026.
Private Equity and Hospital Consolidation in Primary Care. International Health Economics Association, Bali, Indonesia, July 2025.
Effects of Private Equity Investments in Primary Care on the Medicare Program. International Health Economics Association, Bali, Indonesia, July 2025.
Cross-National Evidence on the Role of the Private Sector in Healthcare. European Health Policy Group, New York, NY, May 2025.
Private Equity and the Health Care Delivery System. 31st Princeton Conference, Brandeis University, Babson, MA, November 2024.
Healthcare Workforce in the Era of Consolidation. UNC Kenan-Flagler Business School, Chapel Hill, NC, November 2024.
Increases in Physician Professional Fees in Private Equity Gastroenterology Practices. Midwest Health Economics Conference, Bloomington, IN, September 2024.
Variation in Negotiated Prices for Office Visits at Private Equity and Health System-Affiliated Primary Care Settings: Evidence from Transparency in Coverage Data. AcademyHealth Annual Research Meeting, Baltimore, MD, July 2024.
Changes in Physician and Facility Fees in Private Equity-Acquired vs. Health System-Affiliated Gastroenterology Practices. AcademyHealth Annual Research Meeting, Baltimore, MD, July 2024.
Changes in Physician and Facility Fees in Private Equity-Acquired vs. Health System-Affiliated Gastroenterology Practices. American Society of Health Economists 13th Annual Conference, San Diego, CA, June 2024.
Life Cycle of Private Equity Investments in Physician Practices: An Overview of Private Equity Exits. American Society of Health Economists 13th Annual Conference, San Diego, CA, June 2024.
Can Private Equity Buy Referrals? International Health Economics Association, Cape Town, South Africa, July 2023.
Can Private Equity Buy Referrals? American Society of Health Economists 12th Annual Conference, St. Louis, MO, June 2023.
Can Private Equity Buy Referrals? International Industrial Organization Conference, Washington, DC, April 2023.

WORKING PAPERS

Meyers DJ, Shroff J, Singh Y, Whaley CM. Corporate Practice of Medicine: Vertical Alignment and Medicare Advantage Risk Coding.

COMMENTARY AND POLICY WRITING

The Business of Autism Treatment: Private Equity Implications for State Medicaid Programs. Health Affairs Forefront (with Corrie Mook, Jared Perkins, Nathan Hostert, Daniel Arnold).
Hospital Prices, Market Power, and the Limits of Antitrust. Health Affairs Insider, May 2026.
The Road to Vertical Integration Is Paved with Private Equity. Health Affairs Insider, March 2026.
Private Equity and American Lives. Health Affairs Forefront, January 2026.
More Than Methadone Dispensers: The Authors Reply. Health Affairs, January 2026 (with Christopher Whaley, Travis Donahoe).
Unpacking Private Equity Investments in Drug Industry Third-Party Entities. Health Affairs Forefront, December 2025 (with Megha Reddy, Neil Mehta, Hayden Rooke-Ley, Olivier J. Wouters, Erin Fuse Brown).
The Corporate Backdoor to Medicine: How MSOs Are Reshaping Physician Practices. Milbank Memorial Fund, April 2025 (with Hayden Rooke-Ley, Megha Reddy, Neil Mehta, Erin Fuse Brown).
How Massachusetts's New Health Care Reform Takes Aim at Private Equity. Health Affairs Forefront, April 2025 (with Nathan Hostert, Neil Mehta, Hayden Rooke-Ley, Erin Fuse Brown).
Private Equity Investments in Physician Practices in Maryland. Maryland Health Care Commission, January 2025 (with Roslyn Murray, Megha Reddy, Jared Perkins, Neil Mehta, Christopher Whaley, Erin Fuse Brown).
California's Failed Bid to Regulate Private Equity Investment in Health Care: Takeaways. Health Affairs Forefront, December 2024 (with Hayden Rooke-Ley, Erin Fuse Brown, Neil Mehta, Christopher Whaley).
The Rise of Health Care Consolidation and What to Do About It. Health Affairs Forefront, September 2024 (with Erin Fuse Brown, Christopher Whaley, Jared Perkins).
Private Equity Investment in Assisted Living: Distinct Impacts and Policy Considerations. Health Affairs Forefront, June 2024 (with Kali S. Thomas, John R. Bowblis, Paula Carder, Cassandra Hua, Sean Shenghsiu Huang, Lindsey Smith, Momotazur Rahman).
The Missing Piece in Health Care Transparency: Ownership Transparency. Health Affairs Forefront, September 2023 (with Erin Fuse Brown).

Background

Education and Training

Year	Degree	Institution
2023	PhD	Johns Hopkins University
2015	MPA	Columbia University
2013	BA	Bryn Mawr College

Honors and Awards

American Society of Health Economists Program Chair Award 2026

Brown University Community-Academic Research Partnership Award 2026

JAMA Health Forum Top Reviewer 2025

"Minnies" Scientific Paper of the Year 2025

Aspen Ideas: Health Fellow 2025

Outstanding Dissertation Award, AcademyHealth 2024

Richard B. Salomon Faculty Research Award 2024

Student Paper First Prize, International Health Economics Association 2023

American Society of Health Economists Scholarship 2022

Barbara Starfield Award ($10,000), Johns Hopkins University 2022

Teaching Recognition Award, Johns Hopkins University 2021

Honors Pass, Department Qualifying Exam, Johns Hopkins University 2020

PhD Scholarship (full tuition and stipend), Johns Hopkins University 2019-2023

Dean’s Fellowship ($10,000), Columbia University 2015

Council of Women World Leaders Fellowship ($5,000), Columbia University 2014

Emily Seydel Award ($4,500), Bryn Mawr College 2012

Affiliations Visualize it

Collaborators

Name	Title
Fuse Brown, Erin	Director of the Health Policy and Law Lab, Professor of Health Services, Policy and Practice
Whaley, Christopher	Associate Director of the Center for Advancing Health Policy through Research, Associate Professor of Health Services, Policy and Practice

Affiliations

AcademyHealth, American Society of Health Economists

Researchers@Brown

Researchers@Brown