Campuses:

Stephen Parente

Professor, Director, Medical Industry Leadership Institute, Minnesota Insurance Industry Chair of Health Finance
Finance

Education

  • BA 1987
    Health and Society University of Rochester-New York

  • MS 1988
    Public Policy Analysis University of Rochester-New York

  • MPH 1989
    Health Economics University of Rochester-New York

  • PhD 1995
    Health Finance and Organization Johns Hopkins University

Expertise

  • Health economics
  • Health insurance
  • Health information technology
  • Medical technology evaluation

STEPHEN T. PARENTE, PhD, MPH, MS is the Minnesota Insurance Industry Chair of Health Finance in Carlson School of Management and the Director of the Medical Industry Leadership Institute at the University of Minnesota. As a Professor in the Finance Department, he specializes in health economics, information technology, and health insurance. Dr. Parente has been the principal investigator funded-studies on consumer directed health plans since 2002. Dr. Parente was a health policy adviser for the McCain 2008 Presidential Campaign and served as Legislative Fellow in the office of Senator John D. Rockefeller IV (D WV) in 1992/93. He has a doctorate from Johns Hopkins University.

Selected Works

  • Parente, S., Van Horn, R.L. The Value of Hospital Investment in Information Technology in For-Profit and Not-for-Profit Hospitals Health Care Financing Review, Winter 2006/2007.
  • Feldman, R., Parente, S., Christianson, J. Consumer Directed Health Plans: New Evidence on Cost & Utilization. Inquiry. Vol. 44, No. 1, pp. 26-40, 2007.
  • Parente, S. Christianson, J., Feldman, R. Consumer Directed Health Plans and the Chronically Ill. Disease Management & Health Outcomes., 239-248(10), 2007.
  • Parente, S. and Feldman, R. Do HSA Choices Interact with Retirement Savings Decisions?, Tax Policy and the Economy, Vol. 22, 2007.
  • Parente, S. and Feldman, R. Evolution and Early Evidence of the Impact of Consumer Driven Health Plans: From e-commerce to Health Savings Accounts. Pharmacoeconomics and Outcomes Research, 8(4), 2008.
  • Parente, S, Mandelbaum, K, Hanson, SP, Cassidy, BS, Simborg, DW. Can the National Health Infrastructure Network (NHIN) Reduce the Cost of Healthcare Fraud? Journal of the Healthcare Information Management, Volume 22, Issue 3, Summer, 2008.
  • Parente, S., Feldman, R., Chen, S. The Effect of a Consumer-Driven Health Plan on Pharmaceutical Cost and Use. Health Services Research, May 13, 2008.
  • Parente, S., Phelps, C., O'Connor, P. Economic Analysis of Medical Practice Variation between 1991 and 2000: Gauging the Impact of Ten Years of Patient Outcomes Research. International Journal of Technology Assessment in Health Care, 2008 Jul; 24 (3):282-293.
  • Parente, S. "Health Information Technology and Financing's Next Frontier: The Potential of Medical Banking." Business Economics. January, 2009.
  • Parente, S., McCullough, J. "Health Information Technology and Patient Safety: Evidence from Panel Data." Health Affairs, March/April, 2009.
  • Dowd, B., O'Connor, H., McGrail, M., Calasanz, M., Gorman, R., Sheasby, B., Parente, S. "The Economic Impact of a Disability Prevention Program." J Occup Environ Med. 2010 Jan;52(1):15-21.
  • Klindworth, A., Parente, S. "Lessons Learned for Medical Banking from the Financial Services Industry: The Case of a Fraud Prevention Platform as Transformative Innovation." International Journal of Medical Banking, Volume 3, 2010.
  • Feldman, R., Parente, S. Do Economic Incentives in Consumer Directed Health Plans Affect Consumer Behavior? Forum for Health Economics and Policy. Forthcoming.
  • Parente, S. "Exploring Ex Ante Regulatory Mechanisms for Detecting Prescription Drug Misuse", NBER, (In Regulation vs. Litigation; editor D. Kessler), Forthcoming.
  • Parente, S., Feldman, R., Xu, Y. "Impact of Full Replacement with Consumer Driven Health Plans". Insurance Markets and Companies: Analyses and Actuarial Computations, Forthcoming.
  • 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.
  • Is Information Technology Related to the Financial Performance of U.S. Hospitals? An Exploratory Analysis, S. T. Parente and J. Dunbar, International Journal of Health Care Technology and Management (2001).
  • Beyond the Hype: A Taxonomy of Business Models for E-Health Commerce, S. T. Parente, Health Affairs (November-December 2000).
  • The Impact of Subsidizing Medicare Copayments and Deductibles for Low-Income Elderly on Medical Care Use: The Case of Qualified Medicare Beneficiaries, S. T. Parente and W. Evans, Health Care Financing Review (Winter 1998).
  • Health Savings Accounts: Early Estimates of National Take-up from the 2003 Medicare Modernization Act and Future Policy Proposals, R. Feldman, S. T. Parente, J. Abraham, J. Christianson, and R. Taylor, Health Affairs (November-December 2005).
  • Changes in Health Care Use and Expenditures of Medicare HMO Disenrollees Who Return to Fee-for-Service Medicare: Results from a Natural Experiment, S. T. Parente, W. Evans, S. Schoenman, and M. Finch, Health Care Financing Review (Spring 2005).
  • The Impact of Medicare HMO Closures on Beneficiaries, J. Schoenman, S. T. Parente, W. Evans, M. Finch, and M. Shah, Health Care Financing Review (Spring 2005).
  • The Role of Consumer Knowledge on the Demand for Preventive Health Care Among the Elderly, S. T. Parente, D. Salkever, and J. DaVanzo, Health Economics (January 2005).
  • Using Claims Data to Identify Controlled Substance Patterns of Utilization Requiring Evaluation, S. T. Parente, S. Kim, M. Finch, L. Schloff, T. Rector, R. Seifeldin, and J. D. Haddox, American Journal of Managed Care (November 2004).
  • Employee Choice of Consumer-Driven Health Insurance in a Multiplan, Multiproduct Setting, S. T. Parente, R. Feldman, and J. B. Christianson, Health Services Research (August 2004).
  • Evaluation of the Effect of a Consumer-Driven Health Plan on Medical Care Expenditures and Utilization, S. T. Parente, R. Feldman, and J. B. Christianson, Health Services Research (August 2004).
  • Consumer Experiences in a Consumer-Driven Health Plan, J. B. Christianson, S. T. Parente, and R. Feldman, Health Services Research (August 2004).
  • National Health Data Warehouse: Issues to Consider, L. Blewett, S. T. Parente, M. Finch, and E. Peterson, Journal of the Health Care Information Management (Winter 2004).
  • The Role of the Private Sector in Monitoring Health Care Quality, L. Blewett, S. T. Parente, M. Finch, and E. Peterson, The Joint Commission Journal on Quality Improvement (August 2003).
  • Defined Contribution Health Insurance Products: Development and Prospects, J. Christianson, S. T. Parente, and R. Taylor, Health Affairs (January 2002).
  • Profiling Medicare Beneficiary Resource Use by Primary Care Practices: Implications for a Managed Medicare, S. T. Parente, J. Weiner, D. Garnick, J. Fowles, A. Lawthers, and R. Palmer, Health Care Financing Review (Summer 1996).
  • Potential Savings form Using Information Technology Applications in Health Care in the United States, P. Neumann, S. T. Parente, and L. Paramore, International Journal of Technology Assessment in Health Care (1996).
  • Developing a Quality Improvement Database Using Health Insurance Data: A Guided Tour with Application to Medicare''s National Claims History File, S. T. Parente, J. P. Weiner, D. Garnick, T. Richards, J. Fowles, A. Lawthers, P. Chandler, and R. H. Palmer, Journal of American Medical Quality (November 1995).
  • Variation in Office-Based Quality: A Profile of Care Provided to Medicare Patients with Diabetes, J. Weiner, S. T. Parente, D. Garnick, J. Fowles, A. Lawthers, and R. Palmer, Journal of the American Medical Association (May 1995).
  • Focus on Quality: Profiling Physicians'' Practice Patterns, D. Garnick, J. Fowles, A. Lawthers, J. Weiner, S. T. Parente, and R. H. Palmer, Journal of Ambulatory Care Management (July 1994).
  • Priority Setting in Medical Technology and Medical Practice Assessment, C. Phelps and S. T. Parente, Medical Care (August 1990).
  • Adams, T., Finkelstein S., Parente, S.T., Hertz, M. Cost Analysis of Home Monitoring in Lung Transplant Recipients. International Journal of Technology Assessment in Health Care, 23(1), 2007.
  • Welch, P. Rudolph, B.A., Blewett, L., Parente, S.T., Brach, C., Love, D., Harmon, R.G. Management Tools for Medicaid and State Children's Health Insurance Program (SCHIP). Journal of Ambulatory Care Management, October-December, 2006, (29): 272-282.(forthcoming).

Current Activities

Administrative Appointments

  • Director, Medical Industry Leadership Institute

Community Relationships

  • Board Member, Minnesota Health Information Management Systems Society

Current Research

  • Microsimulation of health reform choices, particularly health savings accounts under different incentive scenarios
    http://www.hsinetwork.com
  • National health IT impact
  • Evaluation of consumer-driven health plans, including the trade-offs between health and wealth portfolio choices
    http://www.ehealthplan.org
  • Comparative effectiveness analysis
  • Analysis of potentially cost-saving medical innovations
  • Medicare & Medicaid saving from waste, fraud and abuse prevention
    http://www.terramedica.com

Editorial Appointments

  • Reviewer, Journal of the American Medical Association
  • Reviewer, Journal of Productivity Analysis
  • Reviewer, Medical Care
  • Reviewer, Health Affairs
  • Reviewer, Journal of Health Economics
  • Reviewer, Health Care Finance Review

Honors and Awards

  • Faculty of Year Award, Masters of Healthcare Administration program, 2005
  • Faculty Research Award, Carlson School of Management, 2005

Research Grants

  • Consumer-Driven Health Plans: Here to Stay or Market Fad& Robert Wood Johnson Foundation, 2004-08 (principal investigator)
  • Consumer-Driven Health Plans, continuation of research, Department of Health and Human Services, 2005-06 (principal investigator)
  • Identifying the Impact of Consumer-Driven Health Plans on Prescription Drug Cost and Use, 2005-06 (principal investigator)
  • Assessing the Impact of Health Savings Accounts on Insurance Coverage and Costs, U.S. Department of Health and Human Services, 2004-05 (principal investigator)
  • The National Impact of Health IT of Quality of Care, Agency for Healthcare Research and Quality, 2008-2010, PI10
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Curriculum Vitae (155.5 KB)