Harvard Strategy Guru Michael Porter on Solving the Health Care Conundrum. He summarized some key learnings here:
- The U.S. health care system is a paradox in that it has competition yet fails to deliver improving value.
- The root cause of these problems is that the competition taking place has been the wrong kind.
- The key to addressing these problems is moving to value-based, positive-sum competition.
- Moving to value-based competition has important strategic implications for providers as well as health plans and employers.