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

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

by Michael E. Porter, Elizabeth Olmsted Teisberg, Elizabeth Olmstead Teisberg, Elizabeth Olmsted Teisberg
     
 


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

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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.

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Product Details

ISBN-13:
9781591397786
Publisher:
Harvard Business Review Press
Publication date:
05/22/2006
Edition description:
1ST
Pages:
506
Sales rank:
269,539
Product dimensions:
6.50(w) x 9.30(h) x 2.00(d)

Table of Contents

1Scoping the problem17
2Identifying the root causes33
3How reform went wrong71
4Principles of value-based competition97
5Strategic implications for health care providers149
6Strategic implications for health plans229
7Implications for suppliers, consumers, and employers283
8Health care policy and value-based competition : implications for government323
App. AMaking results public : the Cleveland Clinic
App. BThe care delivery value chain

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