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Redefining Health Care

Creating Value-based Competition on Results
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( 394 ratings, 24 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Redefining Health Care by Michael E. Porter and Elizabeth Olmsted Teisberg proposes a comprehensive strategy to transform the healthcare industry by focusing on value for patients. The authors argue for a shift towards competition based on results, integrated care delivery, and new approaches to accountability. This book offers a roadmap for reforming healthcare systems to improve outcomes and efficiency.
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Format: Hardback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book may appeal to you if you are interested in transformative strategies within the healthcare industry, aiming for systemic improvements in quality and efficiency. It's particularly compelling for those who wish to understand how innovative business practices can lead to enhanced patient care and competitive advantage for healthcare providers.

Book Hero thinking about your next read

Reveals the underlying causes of problems in Health Care systems. This book argues that participants in the health care system have competed to shift costs, accumulate bargaining power, and restrict services rather than create value for patients. It lays out a framework for redefining health care and shows how to move to a value-based competition.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

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 underlyingβ€”and largely overlookedβ€”causes of the problem, and provide a powerful prescription for change.

The authors argue that competition currently takes place at the wrong levelβ€”among health plans, networks, and hospitalsβ€”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 placeβ€”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.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Redefining Health Care is praised for its in-depth analysis and critical evaluation of the American healthcare system. It is seen as a significant work that should be read broadly due to its impactful critique and potential influence on healthcare reform discussions.

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Book Details

INFORMATION

ISBN: 9781591397786

Publisher: Harvard Business Review Press

Format: Hardback

Date Published: 01 June 2006

Country: United States

Imprint: Harvard Business Review Press

Illustration: Illustrations

Audience: Professional and scholarly

DIMENSIONS

Width: 167.0mm

Height: 241.0mm

Weight: 929g

Pages: 528

About the Author

Michael E. Porter is the Bishop William Lawrence University Professor 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 University of Virginia's Darden Graduate School of Business and author of over fifty articles and cases on strategy and innovation.

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