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Administration & Medicine Economics - Redefining Health Care: Creating Value-Based Competition on Results

Description

Book Synopsis: 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.

Details

Are you tired of the broken and costly U.S. health care system? Look no further! Introducing "Redefining Health Care: Creating Value-Based Competition on Results." This groundbreaking book by renowned strategy expert Michael Porter and innovation expert Elizabeth Teisberg exposes the underlying causes of the health care crisis and provides a powerful solution.

Unlike other books that merely scratch the surface, "Redefining Health Care" delves deep into the root of the problem. The authors argue that competition in health care is happening at the wrong level, leading to skyrocketing premiums and compromised quality of care. But fear not, they offer an empowering prescription for change.

Through an exhaustive study of the U.S. health care system, Porter and Teisberg propose a revolutionary framework that significantly improves the delivery of health care. They insist that competition should take place in the diagnosis, treatment, and prevention of specific health conditions, rather than among health plans and hospitals. By doing so, they guarantee value creation for patients and eliminate the current zero-sum competition.

Imagine a health care system where quality and efficiency go hand in hand. "Redefining Health Care" shows you the way forward. With concrete recommendations for hospitals, doctors, health plans, employers, and policy makers, this book paves the path to positive-sum competition, delivering lasting benefits for all stakeholders.

Don't let the broken health care system hold you back, take control of your future today. Read "Redefining Health Care: Creating Value-Based Competition on Results" and be part of the change that improves health care for everyone.

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