Harvard professor Michael E. Porter and Stanford medical school professor Elizabeth Olmsted Teisberg offer a 450-page manifesto for fixing the US health care system. Their 2006 descriptions of insurers, providers, patients, governments and suppliers in a disjointed, directionless system proved sadly accurate, if somewhat longer than necessary. Porter and Teisberg advocate restructuring health care to address a “broken” system. They contend that hospitals should build reputations for excellence in treating a limited number of related conditions, and should assemble specialty teams around “full-cycle” treatment. The best would attract more patients, improve continuously and grow more efficient; the worst would go out of business.
About the Authors
Michael E. Porter explores value-based health care at Harvard University’s Institute for Strategy and Competitiveness, which he founded. Elizabeth Olmsted Teisberg teaches at Stanford University’s medical school and heads the Redefining Health Care consultancy.