Redefining Health Care: Creating Value-based Competition on Results / Edition 1

by Michael E. Porter, Elizabeth Olmsted Teisberg

Overview

The U.S. health care system is in crisis. At stake are the quality of care for millions of Americans and the financial well-being of individuals and employers squeezed by skyrocketing premiums—not to mention the stability of state and federal government budgets.

In Redefining Health Care, internationally renowned strategy expert Michael Porter and innovation expert Elizabeth Teisberg reveal the underlying—and largely overlooked—causes of the problem, and provide a powerful prescription for change.

The authors argue that competition currently takes place at the wrong level—among health plans, networks, and hospitals—rather than where it matters most, in the diagnosis, treatment, and prevention of specific health conditions. Participants in the system accumulate bargaining power and shift costs in a zero-sum competition, rather than creating value for patients. Based on an exhaustive study of the U.S. health care system, Redefining Health Care lays out a breakthrough framework for redefining the way competition in health care delivery takes place—and unleashing stunning improvements in quality and efficiency.

With specific recommendations for hospitals, doctors, health plans, employers, and policy makers, this book shows how to move health care toward positive-sum competition that delivers lasting benefits for all.

Product Details

ISBN-13:	9781591397786
Publisher:	Harvard Business Review Press
Publication date:	06/01/2006
Edition description:	1ST
Pages:	528
Sales rank:	951,335
Product dimensions:	6.60(w) x 9.50(h) x (d)

About the Author

Michael E. Porter is the Bishop William Lawrence UniversityProfessor at Harvard Business School and the author of sixteen books and numerous articles on competition and strategy.

Elizabeth Olmsted Teisberg is an associate professor at the Universityof Virginia’s Darden Graduate School of Business and author of over fifty articles and cases on strategy and innovation.

Editorial Reviews

"...a profound and powerful critique of America's health-care system. It deserves to be read widely. And probably will be." —Economist.com

From the Publisher