Impacting the health care sector, one costing study at a time

Erin Roman

What was my dream when I was little?

It’s so difficult to pinpoint one particular dream (as this consistently changed ) but one recurring dream was definitely to follow in my mother’s footsteps and become a teacher. By the time I hit my teenage years it shifted to wanting to become the president of my country (no joke!!). I now realise that I can have a greater impact by contributing to the health care sector than having idealistic notions about politics.

What am I doing when I am not working on my PhD?

You will most certainly find me in the gym, I absolutely love being physically active. I am also really into meditation and mindfulness, so this is typically what you would find me doing. I’ve very recently become interested in understanding nutrition and the impact of food on our daily lives, so you will regularly catch me listening to podcasts about this. On those more relaxed days I really enjoy reading (nutrition, wellness and personal development books) and of course one needs to add Netflix into the mix. Completely obsessed with crime series!!!  

What is my PhD about?

Put simply my PhD is about costs – more specifically about costs within hospitals. Through my research I aim to create greater cost transparency for hospital institutions. This leads to better understanding of how much it costs to treat a medical disease As well as which factors drive differences in treatment costs for patients within a disease area. My PhD aims to equip health care providers with superior knowledge about what influences costs and how costs potentially could be reduced through maximizing operational efficiency. The ultimate goal of my PhD is  to provide insights, from a cost perspective, on how we could aim to increase the value of health care services we provide to patients.

Why is this important for practice?

In its current state, the health care sector is under tremendous financial pressure. There are many factors leading to the annual increase in costs for treating diseases. Many acknowledge that a dramatic shift is required from all stakeholders. New initiatives are being suggested and explored like Value Based Health Care, which emphasises the need to shift our focus to increasing the value provided to patients. One of the key components of this thinking is to get a better understanding on the costs within health care institutions. Thus, cost transparency and greater knowledge about the costing regime is essential in the migration from the health care landscape as we know it.

How do I like to be remembered after my PhD?

As an atypical finance graduate with a vision of positively impacting the world through rigorous research. Someone who stayed authentically true to her vision, value and goals!!

How do I see my future?

Answering this question is not easy, but I would want to pursue the area of health care costing beyond the academic realm. Ideally, I would want to work with public and private institutions to implement and operationalise the outcomes of my research ensuring that the studies become a guide for providers of health care. And in addition give vent to my entrepreneur spirit, as the world moves towards a more “preventative” health care mindset. I would love the opportunity to start up an alternative institution or facility which serves as a platform to engage, educate and assist the most disadvantages communities around the world in the pursuit of providing better health care for all, using “prevention” as the main focus.

Want to know more about Erin?

Check out her cv page.

& Rankings

Equis Association of MBAs AACSB Financial Times