Bio
Eric Wadsworth worked in public accounting for several years and then as CFO at Dartmouth Medical School through the ’90s. After completing his PhD exploring the linkage between cost and quality in healthcare, his research interest and publications have continued to focus on cost measurement and cost management in health care. In addition to serving as an assistant professor at The Dartmouth Institute and Geisel School of Medicine, he is an adjunct faculty member at the Tuck School of Business. At Tuck, he teaches a range of business and health care finance, management, and strategy topics in both degree programs and executive education formats.
Wadsworth is also an associate of The Dartmouth Institute Office of Professional Education and Outreach where his teaching and consulting revolve around the intersection of health care management and strategic decisions with cost. Wadsworth was one of the two founding directors of the Masters of Healthcare Delivery Science (MHCDS) program at Dartmouth, and he has served as a research associate and National Forum presenter with the Institute for Healthcare Improvement (IHI) and in various adjunct faculty positions in the University of New Hampshire system business programs.
He earned a BA in mathematics from Dartmouth College, an MBA from the University of New Hampshire System, and a PhD in organization and management from Capella University.
Published Research
Faerber A, Andrews A, Lobb A, Wadsworth E, Milligan K, Shumsky R, Fisher E, Lahey T
Healthc (Amst)|2019 Dec
The urgent need to create healthcare value.
Weeks WB, Wadsworth EB, Rauh SS, Weinstein JN
Healthc Financ Manage|2013 May
Addressing healthcare complexity.
Weeks WB, Wadsworth EB
Healthc Financ Manage|2013 Jan
The unintended consequences of bundled payments.
Weeks WB, Rauh SS, Wadsworth EB, Weinstein JN
Ann Intern Med|2013 Jan 1
The savings illusion--why clinical quality improvement fails to deliver bottom-line results.
Rauh SS, Wadsworth EB, Weeks WB, Weinstein JN
N Engl J Med|2011 Dec 29
Courses Taught
Master of Public Health (online)
PH 242:
Health Services Administration
(0.625 unit)
Recent shifts in US healthcare policy toward reimbursement structures that incent high quality and efficient care, shift the focus from volume to value, increase revenue and cost pressures, and push leaders in public health to do more with less. Managing for program outcomes and financial soundness has become ever more demanding. The goal of the Health Services Administration course is to enable students to make value enhancing decisions and be effective leaders in the evolving health care market. This course will teach students the basic principles of financial and managerial accounting and how to make a business case for a program or innovation.
Value-Based Health Care Certificate
Health Care Finance
Instructors Eric Wadsworth, PhD and Bonnie Blanchfield, CPA, Sc.D. offer students who do not have a finance background the opportunity to learn about and practice financial management as those disciplines apply to health care institutions. By the end of the course, students will have a basic understanding of financial accounting and reporting, financial analysis, managerial and cost accounting, and budgeting. Students will be able to apply financial techniques to the analysis of the health care environment, to improving value in health care services and to organizational decision making.
Students will have weekly assignments, including readings, and videos. The course will involve about 4 - 5 hours of activities per week. There are three live virtual sessions Wednesdays from 12 p.m. – 1 p.m.
Objectives:
--Explain and apply the basic concepts terms in health care finance.
--Describe the types and sources of revenues and expenses in health care.
--Interpret, analyze, and construct basic financial reports for a health care organization.
--Construct and evaluate operational and capital budgets for a health care facility.