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Redefining Health Care: Creating Value-Based Competition ...

Professor Michael E. PorterHarvard Business SchoolNational Association of Chain drug StoresAnnual MeetingMay 2, 2006 This presentation draws on a forthcoming book with Elizabeth Olmsted Teisberg ( Redefining Health Care: Creating Value-Based Competition on Results, Harvard Business School Press). Earlier publications about the work include the Harvard Business Reviewarticle Redefining Competition in Health Care and the associated Harvard Business Review Research Report Fixing Competition in Health Care (June 2004). No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means electronic, mechanical, photocopying, recording, or otherwise without the permission of Michael E. Porter and Elizabeth Olmsted Health Care: Creating Value-Based Competition on Results2 Copyright 2006 Michael E. Porter and Elizabeth Olmsted Teisberg20060502 NACDS 05012006 Final in Health Care Reform Structure of Health Care DeliveryStandards for CoverageHealth Insurance and Access3 Copyright 2006 Michael E.

May 02, 2006 · National Association of Chain Drug Stores Annual Meeting May 2, 2006 ... • Costs are high and rising • Services are restricted and fall well short of recommended care ... Information on results and prices needed for value-based competition must be widely available.

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