Thomas Prince

Thomas R. Prince is a Professor of Health Industry Management and Professor of Accounting Information and Management at the Kellogg School of Management, Northwestern University in Evanston, IL. He has been applying his professional experience in information technology to healthcare entities for more than 25 years. Prince has evaluated, designed, implemented, and assessed the information systems in many hospitals and medical centers. His current research centers on information technology and financial management of healthcare entities with special emphasis on computer-based patient records, clinical integration, Intranet, Internet, physician-hospital organizations, joint ventures, and medical technology.

Prince is the author of ten books. Extension of the Boundaries of Accounting Theory, Information Systems for Management Planning and Control, Financial Reporting and Cost Control for Health Care Entities, and Strategic Management for Health Care Entities: Creative Frameworks for Financial and Operational Analysis are his most referenced books. Professional papers include publications in Accounting Review, Health Care Management Review, Journal of Health Care Finance, Health Services Research, Commercial Lending Review, Municipal Finance Journal, American Bankruptcy Institute Law Review, Journal of Health Administration Education, Hospital & Health Services Administration, Journal of Ambulatory Care Management, and Hospital Progress. He is the co-author of many healthcare reports sponsored by foundations, state and local governments, and federal agencies. Prince directed the Patient Friendly Billing Project for the American Hospital Association and the Healthcare Financial Management Association in 2000 and 2001.

Prince joined Northwestern University immediately upon completion of his doctorate at the University of Illinois at Champaign-Urbana. His undergraduate degrees were from Mississippi State University, and his military service was at the U. S. Army Finance School. He is a certified public accountant and has served on the Illinois CPA Society's Committee on Health Care Institutions - Hospital Section. He is a faculty associate of the American College of Healthcare Executives and his memberships include the Financial Executives International, American Hospital Association, the American Institute of Certified Public Accountants, and Association of University Programs in Health Administration.

Areas of Expertise Government Accounting
Healthcare Accounting
Nonprofit Accounting

Education PhD, 1962, Accounting, Economics, University of Illinois, Urbana-Champaign

MS, 1957, Accounting, Mississippi State University

BS, 1956, Accounting, Mississippi State University

Academic Positions Professor of Health Industry Management, Kellogg School of Management, Northwestern University, 1972-present

Professor, Kellogg School of Management, Northwestern University, 1969-present

Chairman, Kellogg School of Management, Northwestern University, 1968-1975

Associate Professor, Kellogg School of Management, Northwestern University, 1965-1969

Assistant Professor, Kellogg School of Management, Northwestern University, 1962-1965

Instructor, University of Illinois Urbana-Champaign, 1960-1962

Accounting Instructor (part-time), Indiana University, 1959-1960

Accounting Instructor (part-time), Butler University, 1958-1960

Instructor, U.S. Army Finance School, 1957-1960

Education Academic Positions