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.