About 27% of diabetics also suffer from depression, and the presence of co-morbid depression could increase the cost of care for diabetes by up to 100%. Several randomized clinical trials have demonstrated that physical and mental health are more likely to improve for diabetes patients suffering from depression when regular treatment for depression is provided in a primary care setting (called Collaborative Care). An important operational lever in managing Collaborative Care is the allocation of the care manager's time to enrolled patients based on their requirements, which in turn influences the revenue, costs, and patient health outcomes. We present a mathematical modeling approach that determines the optimal allocation of care manager's time and quantifies the costs and benefits of Collaborative Care.
In recent months, mechanisms that have allowed for high-skilled foreign nationals to study and work in the U.S. have been put on the policy chopping block. In this Kenan Insight, we discuss why high-skilled foreign workers are critical to America's economic health, and why policies must continue to support their entry into the U.S.
In this paper, we study the problem of allocating inventory procured using donor funding to patients in different health states over a finite horizon with the objective of minimizing the number of disease‐adjusted life periods lost.
In most sectors of the economy, competition is regarded as the way to improve quality and efficiency, lower costs, and increase innovations. Whether competition effectively achieves these improvements in health care, particularly with respect to hospital services, which remains the largest sector of spending for health care, is open to debate. Also debated, at least among some physicians, is whether functionally banning new physician-owned hospitals by prohibiting their participation in Medicare under the Affordable Care Act (ACA) was too blunt an instrument to correct a problem that could have been fixed with a more nuanced regulatory solution, needlessly limiting a potential source of competition for hospital services.
The mounting health and economic toll of the COVID-19 pandemic raises many questions about how this unprecedented event will affect the U.S. economy. In this Kenan Insight, we explore how people’s expectations about their own financial situation may hold some answers as to how the larger economy will perform.
For more than 50 years, historically black colleges and universities (HBCUs) have been serving the African American community, providing a firm grounding not only in education, but also in black history and culture. Jim Johnson, Director of Education, Aging and Economic Development Initiatives for the Kenan Institute, spoke with Frank Stasio of The State of Things on the relevance and challenges of HBCUs today.
COVID-19 exacerbated existing shortages in the labor market, causing business leaders to revise corporate strategies designed to recruit and retain the workforce needed to compete in at the state, national, and global level. We must recognize and support the critical role our community colleges serve in meeting employers’ post-pandemic workforce demands if we are to close the skills gap in the current labor market.
Governors across the United States have reacted to the COVID-19 pandemic by implementing state-level executive actions to address a range of issues provoked by the crisis. Although it is too early to gauge the long-term effects of the pandemic and states’ responses to it, this Kenan Insight provides a preliminary analysis of actions governors have taken thus far, to help inform policymaking going forward.
For more than a year, researchers across the University of North Carolina at Chapel Hill’s (UNC) Kenan-Flagler Business School (KFBS) and School of Medicine (SOM) worked with Sharecare, Inc. (Sharecare) to establish a framework for measuring the true value of corporate well-being interventions and develop a measurement tool to quantify their impact over time. The goal of the research was to assess the value of implementing corporate well-being interventions to improve employee health and lower direct medical costs to employers.
Several organizations have developed ongoing crowdsourcing communities that repeatedly collect ideas for new products and services from a large, dispersed "crowd" of nonexperts (consumers) over time. Despite its promises, little is known about the nature of an individual's ideation efforts in such an online community.
William R. Kenan Jr. Distinguished Professor of Strategy and Entrepreneurship, Director of the Urban Investment Strategies Center
Preparing students to deal with ethical issues in the workplace is the goal of “Resisting Corporate Corruption: Cases in Practical Ethics from Enron through the Financial Crisis” by Stephen Arbogast, a professor at the University of North Carolina Kenan-Flagler Business School.
As the digital revolution rages on, every business leader must become technology literate. This guide provides executives with an introduction to the technologies that are transforming our world.
In this discussion, I use Holzhacker, Krishnan, and Mahlendorf (this issue), hereafter HKM, as a point of departure from which to discuss the current state of the two research areas to which they contribute. I will present some big-picture thoughts on research opportunities in their source literatures — the literature on financial management in health care and the literature on cost stickiness — and speculate as to where these literatures might go in the future.
Bradley Staats, UNC Kenan-Flagler Business School professor of operations and faculty director of the institute-affiliated Center for the Business of Health, spoke to The Well about Amazon’s next move in health care. The online retail giant announced in July that it was acquiring primary care provider One Medical and will now shut down its Amazon Care telehealth service. Staats and co-author Robert S. Huckman recently wrote in Harvard Business Review about three key components to Amazon’s playbook for entering new businesses.
Join the Center for the Business of Health for the 12th annual UNC Business of Healthcare Conference, "The Role of Innovation in Value-Based Health" on Friday, Nov. 4, 2022 at UNC Kenan-Flagler Business School.
Join us on June 10 as we launch our incubator guide, alongside Hillary Sherman, of EDA, Thom Ruhe, of NC IDEA, and others directly involved in managing existing incubators. We will explore how to assess the feasibility of an incubator, ways to foster strong, resilient small business communities with or without an incubator, and how incubators have been impacted by COVID-19.
This paper examines private equity (both buyout and venture funds) performance around the globe using four data sets from leading commercial sources. For North American funds, our results echo recent research findings: buyout funds have outperformed public equities over long periods of time; in contrast, venture funds saw performance fall after spectacular results for vintages in the 1990s. For funds outside North America, buyout funds show performance similar to those in North America while venture fund performance is weaker than in North America. Venture samples outside North America are, however, relatively small and strong conclusions await further research. The similarity of performance estimates across the data sets strengthens confidence in conclusions about the results of private equity investing.
The Frank Hawkins Kenan Institute of Private Enterprise at the University of North Carolina at Chapel Hill’s Kenan-Flagler Business School, in partnership with Infinia ML, an advanced machine learning company that delivers transformative automation solutions and data science to enterprise businesses, will host a cross-sector symposium on Friday, Nov. 30 to advance the field of machine learning. Academic and business leaders will come together with students to connect the possibilities of cutting-edge ML research with the realities of practical implementation.
There is growing evidence that many multinational corporations are lowering their tax obligations by engaging in income shifting—moving income from high-tax countries to low-tax countries or tax havens, and shifting deductions from low-tax countries to high-tax countries. By at least one estimate, the result is loss of nearly $100 to $240 billion annually in global tax revenues. In this Kenan Insight, we explore the extent of the problem and what might be done to address it.