Healthcare Value Chain

Lawton Robert Burns is the James Joo-Jin Kim Professor at the Wharton School of the University of Pennsylvania, USA and Professor in the Departments of (a) Health Care Management and (b) Management. He is also past Director of the Wharton Center for Health Management & Economics, and since 2013, Co-Director of the Life Sciences and Management Program (LSMP) at the University of Pennsylvania. From 2007–2014, he served as Chair of the Health Care Management Department.

“Throughout the book, Burns does a nice job ... summaries which still apply today. ... this is an impressive text that will guide readers through the evolution of these two critically important but often under-recognized industries.” (Kevin A. Schulman, Health Affairs, healthaffairs.org, December 1, 2023)

• Chapter 1: Introduction to the value chain.- Chapter 2: Introduction to the intermediaries in the healthcare value chain.- Chapter 3: Overview of GPOs .- Chapter 4: History of GPOs (co-authored with David Cassak).- Chapter 5: Performance of GPOs.- Chapter 6: Analysis of Specific GPO Issues.- Chapter 7: Overview of PBMs.- Chapter 8: History of PBMs.- Chapter 9: Performance of PBMs.- Chapter 10: Analysis of Specific PBM Issues.