Dr. Reinhardt, a native of Germany, has taught at Princeton University since 1968, rising through the ranks from assistant professor of economics to his current position. He has taught courses in both micro- and macro-economic theory and policy, accounting for commercial, private non-profit and governmental enterprises, financial management for commercial and non-profit enterprises, and health economics and policy.
Prof. Reinhardt received the Bachelor of Commerce degree from the University of Saskatchewan, Canada in 1964, when he was also awarded the Governor General’s Gold Medal as Most Distinguished Graduate of his graduating class at the university. He received the Ph. D. in economics from Yale University in 1970. His doctoral dissertation was entitled Physician Productivity and the Demand for Health Manpower. He has received honorary doctorate degrees from the Medical College of Pennsylvania, from Mount Sinai School of Medicine, City University of New York, and from the College of Optometry of the State University of New York. In 1998, he was honored with the Second Century Award for Excellence in Health Care by the Columbia University School of Nursing. In 2002, readers of Modern Healthcare, a widely read American trade journal devoted to health care, voted him among the top 10 most influential personality in American health policy. In June of 2004, he was honored with the Distinguished Investigator Award by AcademyHealth, the national association of American health services researchers with over 2,000 members.
In 1978, Prof. Reinhardt was elected to the Institute of Medicine of the National Academy of Sciences, on whose Governing Council he served from 1979 to 1982. At the Institute, he has served on a number of study panels, among them the Committee on the Implications of For-Profit Medicine, a study panel on Dental Care in the United States, a panel on the Nursing Shortage, the Institute’s Committee on Technical Innovation in Medicine and on the Committee on the Implications of a Physician Surplus. He currently serves on the Institute’s Board on Health Care Services, which guides the Institute’s research in health-services research. He currently serves on the Board of Directors of the International Health Economics Association (iHEA). In 2007, he was elected President of iHEA, for a two-year term.
Prof. Reinhardt is a past President of the Association of Health Services Research (now AcademyHealth) on whose Board he served for over a decade. In 2000, he was elected a Distinguished Fellow of that organization.
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Prof. Reinhardt has served on a number of government committees and commissions, among them the National Council on Health Care Technology of the then U.S. Department of Health and Welfare (1979-82) and the Special Medical Advisory Group of the then Veterans Administration (1981-85). From 1986 to 1995 he served three consecutive three-year terms as a Commissioner on the Physician Payment Review Commission (PPRC, now MedPAC), established in 1986 by the Congress to advise it on issues related to the payment of physicians. In 1999, Prof. was appointed to the National Advisory Council (NAC) for Health Care Policy, Research and Evaluation for the Agency for Healthcare Research and Quality (AHRQ, formerly AHCPR), U.S. Department of Health and Human Services.
Prof. Reinhardt currently is a member of the Council on the Economic Impact of Health Reform, a privately funded group of health experts established to track the economic impact of the current revolution in health-care delivery and cost control. He is also on the Advisory Board of Advisors of the National Institute of Health-Care Management, a Washington-based think tank devoted to issues in managed care. In 1997, he was appointed for a three-year term to the External Advisory Panel for Health, Nutrition and Population of The World Bank, an expert panel that advises The World Bank on its far-flung activities in these areas. In 2000, he was elected as a senior associate of the University of Cambridge, England. Since 1998 he has also chaired the Coordinating Committee of The Commonwealth Fund’s International Program in Health Policy. Also in 1998, he was appointed as Commissioner of the Kaiser Commission on Medicaid and the Uninsured. In 2006, the Governor of New Jersey appointed him Chair of the Commission to Rationalize Health Care Resources, which completed its final report in January 2008.
Prof. Reinhardt served as Trustee of the Teachers Insurance and Annuity Association (TIAA) from 1978 to 1993. In 2001, he was elected to the Board of Trustees of Duke University, on whose wholly owned Duke University Health System (DUHS) he serves as a Trustee as well. He was recently elected to the Board of Directors of the National Bureau of Economic Research. He currently serves on the Board of Directors of Boston Scientific, Inc., and Amerigroup, Inc.
Prof. Reinhardt has been or is a member of numerous editorial boards, among them the Journal of Health Economics, the Milbank Memorial Bank Quarterly, Health Affairs, The New England Journal of Medicine and The Journal of the American Medical Association.
