Andrew Sfekas

Senior Manager


  • Washington


Andrew Sfekas provides financial and economic analysis in complex matters involving antitrust and competition in healthcare and life sciences markets. Dr. Sfekas has particular expertise with pharmaceuticals and issues arising in the hospital industry, notably pricing, consumer choice, and innovation. Dr. Sfekas supports experts and attorneys across all phases of commercial litigation and regulatory investigations.

Selected industry experience
  • Healthcare, heavy industry, life sciences, and retail banking
Academic research and publications
  • “Focus, Uncertain Needs, and Consumer Choice in the Hospital Industry,” Manufacturing and Service Operations Management 22: 3, 2020.
  • “Quality Competition and Intra-system Substitution in the Hospital Industry,” American Journal of Health Economics 5: 2, 2019.
  • “Determinants of Pharmaceutical Sales Representative Access Limits to Physicians,” with G. Chressanthis, P. Khedkar, N. Jain, and P. Poddar, Journal of Medical Marketing 14: 4, 2014.
  • “How Much Do Physician Entrepreneurs Contribute to New Medical Devices?” with S. Winston-Smith, Medical Care 51: 5, 2013.
  • “Is There a Medicaid Penalty? The Effect of Hospitals’ Medicaid Population on Their Private Payer Market Share,” Health Economics 22: 11, 2013.
  • “Smoking Initiation and the Iron Law of Demand,” with D. Lillard and E. Molloy, Journal of Health Economics 32: 1, 2013.
  • “Just Passing Through: The Effect of the Master Settlement Agreement on Estimated Cigarette Tax Price Pass-through,” with D. Lillard, Applied Economics Letters 20: 4, 2013.
  • “Does the Market Punish Aggressive Experts?” with D. Dranove and S. Ramanarayanan, The BE Journal of Economic Analysis and Policy 11: 2, 2011.
  • “Does Major Illness Cause Financial Catastrophe?” with K. Cook and D. Dranove, Health Services Research 45: 2, 2010.
  • “The Revolution in Health Care Antitrust: New Methods and Provocative Implications,” with D. Dranove, The Milbank Quarterly 87: 3, 2009.
  • “Learning, Forgetting, and Hospital Quality: An Empirical Analysis of Cardiac Procedures in Maryland and Arizona,” Health Economics 18: 6, 2009.
  • “Start Spreading the News: A Structural Estimate of the Effects of New York Hospital Report Cards,” with D. Dranove, Journal of Health Economics 27: 5, 2008.
  • “The Impact of Workplace Smoking Bans: Results from a National Survey,” with M. Farrelly and W. Evans, Tobacco Control, vol. 8, 1999.
Previous experience
  • Bryn Mawr College, Bryn Mawr, PA
  • Temple University, Philadelphia, PA
  • Northwestern University, Evanston, IL
  • Research Triangle Institute, Research Triangle Park, NC
Professional Affiliations