Michael Richards

Director of PhD Program in Health Services Research - Economics
Lecturer - Economics

Contact Information

Fax:  (254) 710-6142
Office Location:  Paul L. Foster Campus for Business and Innovation 

Office Hours

FALL 2022
By appointment in person or via ZOOM

Educational Background

  • BS - Biology, Univ Illinois Chicago
  • PHD, Yale University
  • MPH - Public Health, Yale University
  • PHD - Public Health, Yale University
  • MD - Medicine, Univ Illinois Chicago

Work Experience

  • Assistant Professor, Vanderbilt University (July 01, 2015 - June 30, 2018)
  • Postdoc, University of Pennsylvania (August 01, 2013 - June 30, 2015)

Awards and Honors

  • Top Ten "Most Shared" article in 2018, Health Affairs (academic journal) (December 2018)
  • Rising Star, faculty award, Baylor University (2018)
  • Top Ten "Most Read" article (Gender Differential in Physician Pay), Health Affairs (2011)

Professional Memberships

  • American Economic Association (January 2014 - Present)
  • American Society of Health Economists (June 2010 - Present)


Michael R. Richards, MD PhD MPH, is an Associate Professor within the Robbins Institute for Health Policy & Leadership as well as the Department of Economics at Baylor University. He joined Baylor after being a member of the Vanderbilt University Department of Health Policy faculty from 2015-2018. His previous academic training included a University of Pennsylvania postdoctoral research position within the Leonard Davis Institute of Health Economics and Wharton School from 2013-2015. Richards completed his PhD in health economics and health policy at Yale University prior to joining LDI and was awarded his MD and MPH degrees from the University of Illinois immediately preceding his time at Yale.


Basic or Discovery Scholarship

"Economic Consequences of Hospital Closures," Journal of Public Economics, (January 2023) (coauthors: Diane Alexander).

"Retail Health Clinic Growth as a Potential Primary Care Disruptor," Medical Care Research And Review, (January 2023) (coauthors: Hilary Barnes, Diane Alexander).

"Provider Turf Wars and Medicare Payment Rules," Journal of Public Economics, (December 2022) (coauthors: Alice Chen, Elizabeth Munnich, Stephen Parente).

"Trading Spaces: Medicare's Regulatory Spillovers on Treatment Setting for Non-Medicare Patients," Journal of Health Economics, (July 2022) (coauthors: Michael Geruso).

"Treatment Consolidation after Vertical Integration: Evidence for Outpatient Procedure Markets," Journal of Health Economics, (January 2022) (coauthors: Jonathan Seward, Chris Whaley).

"Do Physicians Warm Up to Higher Medicare Prices? Evidence from Alaska," Journal of Policy Analysis and Management, (August 2021) (coauthors: Alice Chen, Elizabeth Munnich, Stephen Parente).

"The Extent of Externalities from Medicare Payment Policy," American Journal Of Health Economics, (August 2021) (coauthors: Chen Alice, Whaley Christopher, Xiaoxi Zhao).

"Long-Run Growth of Ambulatory Surgery Centers 1990-2015 and Medicare Payment Policy," Health Services Research, Vol. online ahead of print, (May 2021) (coauthors: Elizabeth Munnich).

"Removing Medicare's Outpatient Ban and Medicare and Private Surgical Trends," American Journal Of Managed Care, Vol. 27, No. 3, (April 2021), pp. 104-108 (coauthors: Jonathan Seward, Christopher Whaley).

"An Employer-Provider Direct Payment Program Is Associated with Lower Episode Costs," Health Affairs, (February 2021) (coauthors: Chris Whaley, C Dankert, D M Bravata).

"Hospital Pricing after Vertical Integration with Physician Practices," Journal of Health Economics, No. Online ahead of print, (January 2021) (coauthors: Haizhen Lin, Ian McCarthy).

"Treatment Flows After Outsourcing Public Insurance Provision: Evidence from Florida Medicaid," Health Economics, (December 2020) (coauthors: Elizabeth Munnich).

"Public Spillovers from Private Insurer Contracting: Physician Responses to Managed Care," American Economic Journal: Economic Policy, Vol. 11, No. 4, (November 2019), pp. 375-403 (coauthors: Sebastian Tello Trillo).

Applied or Integration/Application Scholarship

"A Reformed Individual Market for All: Using Long-Term Health Insurance to Limit Fragmentation," Health Management Policy Innovation, Vol. 4, No. 3, (October 2019) (coauthors: Forest Kim).

Basic or Discovery Scholarship

"Horizontal and Vertical Integration's Role in Meaningful Use Attestation Over Time," Vol. 54, (2019), pp. 1075-1083 (coauthors: Jordan Everson, Melinda Buntin).

"Economic Downturns and Nurse Attachment to Federal Employment," Health Economics, Vol. 28, No. 6, (2019), pp. 808-814 (coauthors: Danyao Li, Coady Wing).

"Do Coverage Mandates Affect Direct-to-Consumer Advertising for Pharmaceuticals? Evidence from Parity Laws," International Journal of Health Care Finance and Economics, Vol. 18, No. 3, (September 2018), pp. 321-336 (coauthors: Robert Nathenson).

"Employment of Advanced Practice Clinicians in Physician Practices," Vol. 178, No. 7, (2018), pp. 988-990 (coauthors: Grant R Martsolf, Hilary Barnes, Kristin N Ray, Heather M Brom, Matthew D McHugh).

"Hospital-Physician Consolidation Accelerated in the Past Decade, Especially in Cardiology and Oncology," Health Affairs, Vol. 37, No. 7, (2018), pp. 1123-1127 (coauthors: Sayeh S Nikpay, David Penson).

"Rural and Non-Rural Primary Care Physician Practices Increasingly Rely on Nurse Practitioners," Health Affairs, Vol. 37, No. 6, (2018), pp. 908-914 (coauthors: Hilary Barnes, Matthew McHugh, Grant Martsolf).

"“Does Spending More Get More? Health Care Delivery and Fiscal Implications from a Medicare Fee Bump”," Journal of Policy Analysis and Management, Vol. 37, No. 4, (2018), pp. 706-731 (coauthors: Alice J Chen, Amy J Graves, Matthew J Resnick).

"Graduating into a Downturn: Are Physicians Recession Proof?," Health Economics, Vol. 27, No. 1, (2018), pp. 223-235 (coauthors: Alice Chen, Anthony T Lo Sasso).

"Market Structure and Medicaid Acceptance: What Narrows the Access Gap?," Health Economics, Vol. 26, No. 12, (2018), pp. 1759-1766 (coauthors: Amelia Bond, William Pajerowski, Daniel Polsky).

"Supply-Side Effects from Public Health Insurance Expansions: Evidence from Physician Labor Markets," Health Economics, Vol. 27, No. 4, (2018), pp. 690-708 (coauthors: Alice Chen, Anthony T Lo Sasso).

"A Race to the Top? Competitive Pressure and Magnet Adoption Among US Hospitals 1997 – 2012," Medical Care, Vol. 55, No. 4, (April 2017), pp. 384-390 (coauthors: Karen Lasater, Matthew McHugh).

"Physician Competition in the Era of Accountable Care Organizations," Health Services Research, Vol. 53, No. 2, (2017), pp. 1272-1285 (coauthors: Catherine T Smith, Amy J Graves, Melinda B Buntin, Matthew J Resnick).

"Surgeon Participation in Early Accountable Care Organizations," Annals of Surgery, Vol. 267, No. 3, (2017), pp. 401-407 (coauthors: Matthew J Resnick, Amy J Graves, Melinda B Buntin, David F Penson).

"Tobacco Control, Medicaid Coverage, and the Demand for Cessation Drugs," American Journal Of Health Economics, Vol. 3, No. 4, (2017), pp. 528-549 (coauthors: Joachim Marti, Johanna Catherine Maclean, Jason Fletcher, Donald Kenkel).

"Smoking Response to Health and Medical Spending Changes and the Role of Insurance," Health Economics, Vol. 26, (2017), pp. 305-320 (coauthors: Joachim Marti).

"Spanish-Speaking Immigrant Access to Safety Net Providers Across Traditional and Emerging Destinations," Milbank Quarterly, Vol. 94, No. 4, (2016), pp. 768-799 (coauthors: Robert A Nathenson, Brendan Saloner, Karin V Rhodes).

"The Growing Integration of Physician Practices – With a Medicaid Side Effect," Medical Care, Vol. 54, No. 7, (2016), pp. 714-718 (coauthors: SS Nikpay, JA Graves).

"Availability for New Medicaid Patient Appointments and the Role of Rural Health Clinics," Health Services Research, Vol. 51, No. 2, (2016), pp. 570-591 (coauthors: Bre Saloner, Genevieve Kenney, Karin Rhodes, Daniel Polsky).

"Influence of Provider Mix and Regulation on Primary Care Services Supplied to US Patients," Health Economics, Policy and Law, Vol. 11, No. 2, (2016), pp. 193-213 (coauthors: Daniel Polsky).

"Appointment Availability After Increases in Medicaid Payments for Primary Care," New England Journal of Medicine, Vol. 372, No. 6, (2015), pp. 537-545 (coauthors: Daniel Polsky, Simon Basseyn, Douglas Wissoker, Genevieve M Kenney, Stephen Zuckerman, Karin V Rhodes).

"Access Points for the Underserved: Primary Care Appointment Availability at Federally Qualified Health Centers in Ten States," Medical Care, Vol. 52, No. 9, (2014), pp. 818-825 (coauthors: Brendan Saloner, Genevieve M Kenney, Karin Rhodes, Daniel Polsky).

"Heterogeneity in the Smoking Response to Health Shocks by Out-of-Pocket Spending Risk," Health Economics, Policy and Law, Vol. 9, No. 4, (2014), pp. 343-357 (coauthors: J Marti).

"Adverse Selection and Moral Hazard in the Provision of Clinical Trial Ancillary Care," Health Economics, Policy and Law, Vol. 8, (2013), pp. 225-234 (coauthors: LA Helmchen).

"Rewarding Healthy Food Choices in SNAP: Behavioral Economic Applications," Milbank Quarterly, Vol. 91, No. 2, (2013), pp. 395-412 (coauthors: JL Sindelar).

"Diabetes’ ‘Health Shock’ to Schooling and Earnings: Increased dropout rates and lower wages and employment in young adults," Health Affairs, Vol. 31, No. 1, (2012), pp. 27-34 (coauthors: JM Fletcher).

"Using the Economics of Certification to Improve Safety and Quality for Male Circumcision in Developing Countries: Three Models of Implementation," Applied Health Economics And Health Policy, Vol. 10, No. 2, (2012), pp. 77-85.

"Successful Remediation of Patient Safety Incidents: A Tale of Two Medication Errors," Health Care Manage Review, Vol. 36, No. 2, (2011), pp. 1-10 (coauthors: LA Helmchen, TB McDonald).

"The $16,819 Pay Gap for Newly Trained Physicians: The unexplained trend of men earning more than women," Health Affairs, Vol. 30, No. 2, (2011), pp. 193-201 (coauthors: Anthony T Lo Sasso, Chiu-Fang Chou, Susan E Gerber).

"How Does Routine Disclosure of Medical Error Affect Patients’ Propensity to Sue and their Assessment of Provider Quality? Evidence from Survey Data," Medical Care, Vol. 48, No. 11, (2010), pp. 955-961 (coauthors: TB McDonald).

"Importing Medicine: A look at citizenship and immigration status for graduating residents in New York State from 1998-2007," Medical Care Research and Review, Vol. 66, No. 4, (2009), pp. 472-785 (coauthors: CF Chou, Anthony T Lo Sasso).

"Geographic Variation in Hospital-Based Physician Participation in Insurance Networks," Jama Network Open (coauthors: Sayeh Nikpay, Leonce Nshuti, Melinda Buntin, Daniel Polsky, John Graves).

"Medicaid Prevalence and Opioid Use Disorder Treatment Access Disparities," Health Services Research (coauthors: Ashley Leech, Bradley Stein, Melinda Buntin, Stephen Patrick).

"Private Coverage Mandates, Business Cycles, and Provider Treatment Intensity," Health Economics, Vol. 30, No. 5, pp. 1200-1221 (coauthors: Daniel Sebastian Tello-Trillo).

"Breadth and Exclusivity of Hospital and Physician Networks in US Insurance Markets," Jama Network Open (coauthors: John Graves, Leonce Nshuti, Jordan Everson, Melinda Buntin, Zilu Zhou, Daniel Polsky).

"Association between Physician Practice Medicaid Acceptance and Employing Nurse Practitioners and Physician Assistants: A Longitudinal Analysis," Health Care Manage Review, Vol. Electronic, ahead of print (coauthors: Hilary Barnes, Sayeh Nikpay, Grant Martsolf, Matthew McHugh).

"Association of Pregnancy and Insurance Status with Treatment Access for Opioid Use Disorder," Jama Network Open (coauthors: Stephen Patrick, William Dupont, Elizabeth McNeer, Melinda Buntin).

"Vertical Integration and Physician Practice Labor Composition," Medical Care Research and Review (coauthors: Hilary Barnes, Grant Martsolf, Matthew McHugh).

"Recruiting and Retaining Dental Labor in Federal Facilities: Harder than Pulling Teeth?," Health Economics (coauthors: Coady Wing).

"Magnet Hospital Recognition in Hospital Systems Over Time," Health Care Manage Review (coauthors: Karen B Lasater, Nikila B Dandapani, Lawton R Burns, Matthew D McHugh).
Border Title