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Health Care Fraud Costs Billions Every Year. AI Can Help Fix This.

Health care fraud costs the U.S. more than $100 billion annually. Why is that? And how can technology — and specifically artificial intelligence — help us identify problems sooner and potentially help prevent billions in medical fraud and abuse?

Carried Interest Under Fire: The Controversial Tax Break Trump Wants to Eliminate

Carried interest is once again under scrutiny in Washington. UVA Darden Professor Les Alexander explains what it is, why it's controversial and how proposed changes to its tax treatment could reshape the landscape for private equity and venture capital.

Christoph Herpfer

Christoph Herpfer is an Assistant Professor of Finance at the Darden School of Business, University of Virginia, specializing in healthcare finance, corporate finance, and banking. He holds a Ph.D.

Healthcare Costs Are Changing How Lenders Approve Credit

Rising healthcare costs are distorting credit scores, making some borrowers appear more creditworthy than they are. Research from the Mayo Center for Asset Management shows that unreported medical debt leads to higher loan defaults and affects access to credit. Are lenders aware of the risks? What does this mean for borrowers and policymakers?

Joonsung (Francis) Won

Joonsung (Francis) Won holds a Ph.D. in finance from the Zicklin School of Business, Baruch College, CUNY. His research delves into financial intermediation (banking), corporate finance, and behavioral finance. Joonsung is proficient in Python, STATA, R, SAS, and Matlab, and fluent in both English and Korean. 

Good Disruption: Digital Twins

Computer simulations have been used for decades to predict outcomes. Now digital twins create virtual environments that not only mirror their real-world counterparts but also respond to real-time data to yield more confident decision making.

The Avatar Effect: How Less Novelty Drives More Success

The secret to driving innovation might not be creating more novelty — but knowing when to strategically scale back. Research from UVA Darden’s Lillien M. Ellis that examines the development of “Avatar,” the biggest box office success in film history, shows that reducing novelty in some areas leads to greater creative and commercial success.

Fake It Till You Fail: Elizabeth Holmes and the Theranos Story

A new business case on infamous tech company Theranos examines the risks for entrepreneurs, board members and investors in the fog of the innovation economy.

Darden Professor’s Research Informs Presidential Economic Report

The 2025 “Economic Report of the President,” released in January, extensively cites the research of Francis E. Warnock, the James C. Wheat Jr. Professor of Business Administration at the University of Virginia Darden School of Business.