Rachel M. Werner, MD, PhD is the Executive Director of the Leonard Davis Institute of Health Economics. She is Professor of Medicine at the University of Pennsylvania Perelman School of Medicine, the Robert D. Eilers Professor of Health Care Management and Economics at the Wharton School, and a physician at the Philadelphia VA. A general internist and health economist, Dr. Werner’s research examines the effects of health care policies on health care delivery, focusing on the role of health care payment and financing. She has investigated the unintended consequences of financial incentives for quality improvement, and was among the first to recognize that public reporting of quality information may worsen racial disparities. Her research has been published in high-impact peer-reviewed journals and she has influenced research and policy as a member of numerous advisory committees to the state and federal government as well as research foundations. Dr. Werner has received numerous awards for her work, and is an elected member of the National Academy of Medicine.