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Solving the Health Care Cost Crisis

Harvard Business Review

Michael Porter and Robert S. Kaplan , Harvard Business School professors and authors of the HBR article How to Solve the Cost Crisis in Health Care , explain why providers must start with proper measurement.

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Intelligent Redesign of Health Care

Harvard Business Review

The health care industry has survived economically by cross-subsidizing margin shortfalls in one activity with the revenues generated from others. But the very existence of these cross-subsidies is symptomatic of deep flaws in the health care reimbursement system. Kaplan and Michael E.

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Getting Real About Health Care Value

Harvard Business Review

Let’s hope that’s true for “value” in health care. Where other mantras – such as quality or managed care – have failed to galvanize the system’s diverse stakeholders, value may have a chance. The question, of course, is whether the term will help spur the fundamental changes that our health care sector so desperately needs.

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Health Care Transparency Should Be About Strategy, Not Marketing

Harvard Business Review

Health care organizations need to re-think their concept of strategy to thrive in a marketplace driven by competition on value – how well they improve patient outcomes and reduce costs. Make no mistake – improving value for patients is hard.

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How the U.S. Can Reduce Waste in Health Care Spending by $1 Trillion

Harvard Business Review

health care system in ways big and small that would either build on or radically revamp the Affordable Care Act (ACA). We reviewed four strategies: the current health care system’s trajectory as is; comprehensive demand-side reform; aggressive supply-side reform; and a combination of demand-side and supply-side reform.

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Get Your Boss Out of Your Bedroom

Harvard Business Review

And yet this illusion to which we so desperately cleave — health care is a private industry! Funneling health insurance access through corporations just adds one more layer of complexity to a system that is already a complete muddle. And the health care sector is an industry no other industry should want to be tethered to.

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The Skills Doctors and Nurses Need to Be Effective Executives

Harvard Business Review

We are witnessing an unprecedented transformation of the health care industry. Physicians and nurses are being called upon to lead these new health care enterprises — and are assuming a higher level of influence in the business of health care than ever before. It would be a shame if they did.