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Stephen T. Parente, PhD

Professor

- Adjunct

Departmental Affiliation(s):

Health Policy and Management

Contact Information

University of Minnesota, CSOM, Department of Finance
321 19th Ave, South
Minneapolis , Minnesota   55455
US        

612-281-8220
612-435-4925

Personal website : http://www.tc.umn.edu/~paren010/

Education

PhD
MPH
MS

Overview

Stephen T. Parente, Ph.D., M.P.H., M.S. holds the Minnesota Insurance Industry Endowed Chair in Health Finance and is a Professor in the Department of Finance at the Carlson School of Management at University of Minnesota where he specializes in health insurance, medical technology evaluation, health economics and outcomes research. He is also the Director of the Medical Industry Leadership Institute (MILI). He has extensive experience directing empirical analyses utilizing primary and secondary data bases and is acknowledged as a national expert on using administrative databases, particularly Medicare and managed care organization data, for health policy research. He has served has a consultant to several of the largest organizations in health care delivery including: United Health Group, Blue Cross Blue Shield, CMS, the American Association of Health Plans, Pfizer, Janssen Pharmaceutica, Johns Hopkins University, and various state governments as well as biotechnology firms. He is currently the principal investigator for an evaluation of consumer directed health plans using claims data from several large employers. He is also examining the productivity and cost impact of information technology investments in hospitals. Dr. Parente has recently concluded several studies on topics including: consumer driven health plans; health information technology and qualityl the impact of Medicare HMO closures on beneficiaries; identifying patterns of controlled substance misuse within managed care plans as a patient safety tool; and the impact of elderly consumer health benefit knowledge of medical care demand and cost.

Dr. Parente teaches courses in health economics, information technology, e-commerce and medical technology evaluation. He actively collaborates on health services research with other faculty at the University. He holds an appointment as adjunct faculty member at Johns Hopkins University. Prior to joining the University of Minnesota faculty, Dr. Parente gained a broad range of private and public sector health finance and policy experience by serving as a Legislative Fellow in the office of Senator John D. Rockefeller IV (D WV) during the Bush and Clinton Administrations' health reform initiatives, and designing provider and health plan profiles of service utilization, financial performance and quality of care for HCFA and private insurers. He has a doctorate from Johns Hopkins University, and both a Masters of Science in public policy analysis and a Masters of Public Health from the University of Rochester.

Honors and Awards

Faculty Research Award, Carlson School of Management, University of Minnesota, 2006.

The Class of 1981 Faculty Member of the Year Award. University of Minnesota, Masters of Healthcare Administration program, 2005.

Delta Omega, member, 2002

Best paper in Health Economics in Finance, JHU 1993

Student Marshall, University of Rochester, 1989

Health insurance, health economics, consumer information, information technology, provider profiling, Medicare

  • Parente, S., Feldman, R., Abraham, J.M., and Xi, Wendy. "Consumer Response to a National Marketplace for Individual Insurance". Journal of Risk and Insurance, Forthcoming.

  • Parente, S. "Exploring Ex Ante Regulatory Mechanisms for Detecting Prescription Drug Misuse", NBER, (In Regulation vs. Litigation; editor D. Kessler), Forthcoming.

  • Evans, W., Morrill, M., Parente, S. “Measuring Inappropriate Medical Diagnosis and Treatment in Survey Data: The Case of ADHD among School-Age Children”, Journal of Health Economics, 4 August 2010.

  • Feldman, R., Parente, S. “Enrollee Incentives in Consumer Directed Health Plans: Spend Now or Save for Later?” Forum for Health Economics and Policy. Vol. 13 (2010) / Issue 2.

  • Howard, P., Parente, S. “Toward Real Health Care Reform”, National Affairs, 4:Summer 2010.