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Scott Wallace, J.D., MBA


University of Chicago Law School

University of Chicago Graduate School of Business


Scott Wallace, J.D., MBA, is the co-founder and managing director of the Value Institute for Health and Care at Dell Medical School and an associate professor in the Department of Accounting in the McCombs School of Business. Wallace leverages his business, health care IT and health policy background to work with students, employers, health care leaders and other stakeholders to transform health care delivery in the U.S. and around the world.

Prior to joining The University of Texas at Austin, Wallace helped to create Dartmouth College’s Master in Health Care Delivery Science program, an innovative course for midcareer executives and clinicians. He served on the faculty for Harvard Business School’s executive education program on health care strategy. He is also a Batten fellow at the University of Virginia’s Darden School of Business and was a distinguished fellow at the Geisel School of Medicine at Dartmouth.

Wallace was appointed by President George W. Bush to chair the Federal Commission on Systemic Interoperability, which advised the White House and Congress on information technology and health transformation. He was also the first president and CEO of the National Alliance for Health Information Technology, and was a co-founder of the Certification Commission for Healthcare Information Technology.

Before his academic career, Wallace helped co-found an early-stage venture capital firm, he was CEO of a specialty chemical company, and he practiced corporate law at the Chicago law firm Kirkland & Ellis.

Wallace holds a juris doctorate from the University of Chicago Law School, a master’s degree with honors in business administration from the University of Chicago Graduate School of Business, and a bachelor’s degree in economics from Duke University.

Professional Affiliations
  • American Board of Ophthalmology, Public Director, 2015-present
  • Blue Cross Blue Shield of Tennessee, Director, 2006-2011
  • National Alliance for Health Information, Chicago, IL, President and CEO, 2003-2008
Awards & Honors
  • President’s Associates Graduate Teaching Excellence Award
    The University of Texas at Austin, 2022
  • Sue Cox, M.D. Academy Excellence in Teaching Award
    Dell Medical School at The University of Texas at Austin, 2021