MIT healthcare economist Joseph Doyle spends his time measuring the returns on healthcare spending and outcomes with the goals of identifying value and waste in the $3 trillion U.S. healthcare system along with helping to create a higher-quality, more cost-effective approach to healthcare. And data drives Doyle’s empirical, evidence-based approach for answers.
One area Doyle has been studying is whether hospitals that spend more money on healthcare achieve greater outcomes. The answer is not a simple one to uncover, said Doyle, Erwin H. Schell professor of management and professor of applied economics at the MIT Sloan School of Management.
