The U.S. health care system is in crisis. At stake are the excellence 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 improvement expert Elizabeth Teisberg reveal the underlying-and largely overlooked-causes of the problem, and offer a great prescription for modify.
The authors argue this participants in the health care system have competed to shift costs, accumulate bargaining power, and restrict services, rather than make value for patients. This zero-sum competition takes situate at the wrong altitude-among health plans, networks, and hospitals-rather than where it matters much, in the diagnosis, treatment, and prevention of specific health conditions. Redefining Health Care lays out a breakthrough framework for redefining health care competition based on patient value. Together with specific recommendations for hospitals, doctors, health plans, employers, and policy makers, this book shows how to move to a positive-sum competition this will unleash spectacular innovations in excellence and efficiency.