Photo of Mark V. Pauly

Mark V. Pauly

Bendheim Professor

Professor of Health Care Management

Professor of Business Economics and Public Policy

Research Interests: health insurance, health policy, medical economics, other insurance, public finance/public choice, regulation

Contact Information

Address: 208 Colonia Penn Center, 3641 Locust Walk, Philadelphia, PA 19104
Office: (215) 898-2837



PhD, University of Virginia, 1967; MA, University of Delaware, 1965; AB, Xavier University, 1963

Recent Consulting

Office of Assistant Secretary for Policy Evaluation, U.S. Department of Health and Human Services – Merck, Inc. American Enterprise Institute

Career and Recent Professional Awards; Teaching Awards

Spencer Kimball Article Award from the Journal of Insurance Regulation for “Terrorism Losses and All Perils Insurance” with Howard Kunreuther, December 2006 National Institute of Health Care Management Foundation's Research Award for "Is Health Insurance Affordable for the Uninsured?" with M. Kate Bundorf (Journal of Health Economics, July 2006), May 2007 John M. Eisenberg Excellence in Mentorship Award, Agency for Health Care Research and Quality, June 2007 Distinguished Investigator Award, AcademyHealth, June 2007

Academic Positions Held

Wharton: 1983-present (Chairperson, Health Care Systems Department, 1997-2004; Vice Dean and Director, Doctoral Programs, 1995-99; named Bendheim Professor, 1990; Chairperson, Health Care Systems Department, 1990-94; Robert D. Eilers Professor of Health Care Management and Economics, 1984-89). University of Pennsylvania: 1984-present (Co-Director, Roy and Diana Vagelos Program in Life Sciences and Management, 2005-present; Professor of Economics, 1983-present; Executive Director, Leonard Davis Institute of Health Economics, 1984-89). Previous appointments: Northwestern University; University of Virginia. Visiting appointments: International Institute for Applied Systems Analysis, Laxenburg, Austria; International Institute of Management, Berlin, Germany

Professional Leadership 2005-2009

Co-Editor-in-Chief, International Journal of Health Care Finance and Economics, 2001-present; Advisory Editor, Journal of Risk and Uncertainty, 1987-present;

Corporate and Public Sector Leadership 2005-2009

Medicare Technical Advisory Panel; National Advisory Committee, National Institutes of Health, National Center for Research Resources; National Vaccine Advisory Commission Finance Working Group; Board Member, Independent Health


Awards And Honors

  • President of the American Society of Health Economics, 2012
  • Victor R, Fuchs Lifetime Achievement Award from ASHEcon, 2012
  • William B. Graham Prize for Health Services Research from the Baxter International Foundation and the Association of University Programs in Health Administration, 2012
  • University of Pennsylvania Provost's Award for Distinguished Ph.D. Teaching and Mentoring, 2011-2012
  • Distinguished Investigator Award from AcademyHealth, 2007
  • John M. Eisenberg Excellence in Mentorship Award from the Agency for Health Care Research and Quality, 2007
  • National Institute of Health Care Management Foundation's Research Award (with M. Kate Bundorf) for "Is Health Insurance Affordable for the Uninsured?" (Journal of Health Economics 2006), 2007
  • Spencer Kimball Article Award (with Howard Kunreuther) from the Journal of Insurance Regulation for, 2006

In The News

Knowledge @ Wharton



  • HCMG653 - Health Care Field Application Project

    This course focuses on leadership and management issues in health care organizations while providing students with a practice setting to examine and develop their own management skills. Each team acts as a consultant to a local healthcare organization which has submitted a project proposal to the course. The teams define the issue and negotiate a contract with the client organization. By the end of the semester, teams present assessments and recommendations for action to their clients and share their experience with the class in a series of workshops and cross-team consultations.

  • HCMG890 - Advanced Study Project Seminar

    There are two ASP Seminars: HCMG 890-001 Management of Health Care Service Businesses; HCMG 890-003 Health Business and Policy

    HCMG 890-001: This course examines issues related to the Services Sector of thehealth care industry. For those interested in management, investing, or bankingto the health care industry, the services sector will likely be the largest and most dynamic sector within all of health care. We will study key management issues related to a number of different health care services businesses with a focus on common challenges related to reimbursement, regulatory, margin, growth, and competitive issues. We will look at a number of different businesses and subsectors that may have been unfamiliar to students prior to taking the course. We will make extensive use of outside speakers, many of whom will be true industry leaders within different sectors of the health care services industry. Speakers will address the current management issues they face in running their businesses as well as discuss the career decisions and leadership styles that enables them to reach the top of their profession. Students will be asked to develop a plan to both buyout and manage a specific health care services business of their choosing and will present their final plans to a panel of leading Health Care Private Equity investors who will evaluate their analysis. Prerequisites: HCMG 841

    HCMG 890-003: This course focuses on the critical relationship between healthcare business and government in the US. Healthcare is regulated, purchased, guided, and overseen by a range of state, federal, and local government agencies. Strong working relationships with government entities is critical for business operations in healthcare, and markets are made or broken by the government. Understanding that business and policy will always co-exist in healthcare, the goal of is to enable students to craft solutions to business problems that are consistent with policy, and to develop an understanding of how to judge strategic opportunity stemming from policy actions in healthcare. The course teaches with practical examples of how each major sector of the health economy engages with government entities. We will cover life sciences (pharmaceutical, biotechnology, medical device), insurance (large commercial, blues, Medicare, Medicaid), and provider (hospital, physician group practice, post-acute care). As well, the course covers the range of government entities engaged: Federal (executive branch and the Congress), State, and Local. Case examples will be selected from what is most compelling in the Spring, and will include a focus on how healthcare companies are engaging in and affected by the 2016 election.

    Senior healthcare executives and policy leaders will be engaged as guest speakers.