David Dranove is the Walter McNerney Distinguished Professor of Health Industry Management at Northwestern University's Kellogg School of Management, where he is also Professor of Strategy and Director of Doctoral Programs. He has a PhD in Economics from Stanford University. Professor Dranove is a member of the National Academy of Medicine.
Professor Dranove's research focuses on problems in industrial organization and business strategy with an emphasis on the health care industry. He has published nearly 100 research articles and book chapters and written six books, including The Economic Evolution of American Healthcare, What’s Your Life Worth?, and Big Med. His textbook, Economics of Strategy, is used by leading business schools around the world. Professor Dranove has served as the lead economics expert in several high-profile healthcare antitrust cases, including FTC v. St. Luke's Healthcare System, U.S. v. Anthem and Cigna, and State of California v. Sutter Health System, and regularly consults with healthcare organizations in the public and private sector. He has also served on the Executive Committee and Board of Directors of the Health Care Cost Institute and is past Treasurer of the American Society of Health Economists.
In 2022, the American Society of Health Economists honored Professor Dranove with the Victor Fuchs Award, which recognizes lifetime contributions to the field of Health Economists. In 2024, Prof. Dranove was elected to the National Academy of Medicine (NAM) for his fundamental contributions to understanding the dynamics of health care markets.