Ryan C. McDevitt studies how competition, ownership, regulation and financial incentives shape the cost and quality of healthcare. His work applies health economics and industrial organization to understand how health care organizations and providers respond to market forces and public policy.
McDevitt’s research examines dialysis markets, hospital and private-equity acquisitions, provider payment, health care fraud, commercial prices and disparities in access to services such as transplant education. He uses large administrative and market datasets to study how changes in ownership, competition and reimbursement affect organizational behavior, patient care and health outcomes. Across these areas, he is interested in identifying policies and market structures that better align business incentives with value and patient well-being.
McDevitt is also a professor of economics at WashU’s Olin Business School and a research associate at the National Bureau of Economic Research. He previously held academic appointments at Duke University’s Fuqua School of Business, Northwestern University’s Kellogg School of Management, the University of Chicago Booth School of Business and the University of Rochester’s Simon Business School. He earned his PhD from Northwestern University and his bachelor’s degree from Williams College. His work has appeared in the American Economic Review, Journal of Political Economy, Quarterly Journal of Economics and Review of Economic Studies.
Areas of Focus:
- Health economics
- Industrial organization
- Health care competition and market structure
- Provider incentives and payment
- Health care ownership, quality and fraud
Featured Publications
- How should we assess quality of health care services in organizations owned by private equity firms?
AMA Journal of Ethics
May 2025 - A practitioner’s guide to using data on private equity hospital acquisitions
Health Affairs Scholar
April 2026 - Strategic patient discharge: The case of long-term care hospitals
American Economic Review
November 2018 - Financial ties, market structure, commercial prices, and medical director compensation in dialysis
JAMA Health Forum
June 2025 - Ambulance taxis: The impact of regulation and litigation on health-care fraud
Journal of Political Economy
March 2025