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Redefining Health Care: Creating Value-based Competition on Results
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Redefining Health Care: Creating Value-based Competition on Results

3.89  ·  Rating details ·  271 Ratings  ·  18 Reviews
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 Elizabet
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Hardcover, 528 pages
Published June 1st 2006 by Harvard Business Review Press (first published April 24th 2006)
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Marks54
Jan 01, 2014 rated it liked it
This book represents the effort of Michael Porter, the strategy guru at the HBS to apply his ideas on economics based strategy to health care. To do this, he has teamed up with a health economist, Elizabeth Teisberg, with whom he coauthored the papers that have been knit together to form the book. It is a good book, as these go, with some interesting insights for health care, some good references to the research literature for those who follow it, and some well worked frameworks that have been a ...more
Guy
Mar 28, 2007 rated it it was amazing
Recommends it for: anyone interested in the health care debate
This book was rich with hard statistics, and explained why competition has failed to deliver the vast improvements in value for health care that it has in other markets.

It went on to explain how the power of competition can be appropriately harnessed to unleash vast improvements in health care, and why better health care will indeed cost less.

This should be required reading for every public official, hospital administrator, health insurance executive, and doctor in the country - and its not a ba
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Greg
Aug 07, 2007 rated it really liked it
1. Watch Sicko. Every American should. No, I don't care if you thought he overstepped his moviemaker bounds in previous movies.
2. If you then are not convinced that social medicine could work in the US, read this book. You will then at least realize that we need massive change in the system.
3. Remember that this was published by Harvard types. It can be a bit dense at times. Order lots of Starbucks (and remember in doing so that you are supporting a company that at least provides benefits for it
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Geoff
Sep 05, 2009 rated it liked it
In general, this book is a cost-benefit analysis of the american healthcare system. The author has a lot of "real world" examples of healthcare costs, misuse, and quality improvement programs. However the author basically takes 1 premise and beats you over the head with it.

So I will sum up this book for you: The american healthcare system fails to function properly because it is not a free-market system ..... and here is 400 pages of why.
Mindy McGrath
Feb 13, 2017 rated it really liked it
Shelves: healthcare-books
Porter's take on this industry does great job in explaining why traditional market forces don't always work in healthcare.
Lela
Sep 08, 2017 rated it really liked it
Shelves: 2017
I ended up just skimming the book, as I got bogged down in all the (extreme) details. If you like a lot of details & numbers, you will appreciate the author's hard work.
Robert
Jul 25, 2008 rated it it was amazing
Redefining Health Care: Creating Value-Based Competition on Results
Michael E. Porter and Elizabeth Olmsted Teisberg
Harvard Business School Press

In this volume, Porter and Teisberg examine health care issues in three broad areas: "The first is the cost of and access to health insurance. The second is standards for coverage, or the types of care that should be covered by insurance versus being the responsibility of the individual. The third is the structure of health care delivery itself." Porter
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Jen Marin
I read this book for a college class, and although it was a bit of a bear to get through, I am glad I read it. Like many Americans, I am disenchanted with the modern health care system. It seems more like a disease management system to me. This book outlines strategies for everyone involved that could help turn this train around and put health back at the forefront of healthcare.

The main premise of the book is that health care needs to stop focusing on costs and instead focus on improving value
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Bobby
An interesting book.

The first sections are extremely good at illustrating the current health care system and its dysfunctions. This section is well worth reading for anyone interested in the US health care system.

Where the authors start describing how they would change the system is where I felt this book was lacking. It's not that their ideas aren't good (though I think the complexity of real medical problems would pose significant troubles in certain areas),but that they wish to restructure
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Chandra
Jun 02, 2008 rated it really liked it
A great review of the American health care system, how it was created and why it's simply not working anymore. The authors address the heart of the economic issues behind rising costs and decreasing quality, and lay out a strategy to improve the delivery, organization and financing of health care services, focusing on the quality of care and value to the customer as the driving factors. It is frustrating to see such practical and logical solutions meet such industry-wide opposition. But the many ...more
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Michael E. Porter is the leading authority on competitive strategy, the competitiveness and economic development of nations, states, and regions, and the application of competitive principles to social problems such as health care, the environment, and corporate responsibility.

Professor Porter is generally recognized as the "Father of Strategy", as has been identified in a variety of rankings and
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More about Michael E. Porter...
“But history tells us that monopolies that are truly benevolent and effective are rare.” 2 likes
“Standardized process guidelines belie the complexity of individual patient circumstances, and freeze care delivery processes rather than foster innovation. What is needed is competition on results, not standardized care. What is needed is competition on results, not just evidence-based medicine. There should be no presumption that good quality is more costly.” 1 likes
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