“The way to transform health care is to realign competition with value for patients. Value in health care is the health outcome… — Michael E. Porter Copy Share Image
“Mandatory measurement and reporting of results is perhaps the single most important step in reforming the health care system.” — Michael E. Porter Copy Share Image
“Competing on results requires that results be measured and made widely available. Only by measuring and holding every system participant accountable for… — Michael E. Porter Copy Share Image
“About half of employer-provided health plans in the United States are self-insured plans, giving employers even more latitude in designing and administering… — Michael E. Porter Copy Share Image
“The local bias in health care means that many providers offer services in which they lack the volume and experience to be… — Michael E. Porter Copy Share Image
“Competition on value must revolve around results. The results that matter are patient outcomes per unit of cost at the medical condition… — Michael E. Porter Copy Share Image
“U.S. consumers report higher dissatisfaction with their health care system than do consumers in other developed nations.” — Michael E. Porter Copy Share Image
“THE U.S. HEALTH CARE SYSTEM is on a dangerous path, with a toxic combination of high costs, uneven quality, frequent errors, and… — Michael E. Porter Copy Share Image
“Standardized process guidelines belie the complexity of individual patient circumstances, and freeze care delivery processes rather than foster innovation. What is needed… — Michael E. Porter Copy Share Image
“The fundamental problem in the U.S. health care system is that the structure of health care delivery is broken. This is what… — Michael E. Porter Copy Share Image
“Competition has taken place at the wrong levels, and on the wrong things. It has gravitated to a zero-sum competition, in which… — Michael E. Porter Copy Share Image
“The failure of competition is evident in the large and inexplicable differences in cost and quality for the same type of care… — Michael E. Porter Copy Share Image
“Many countries have state-dominated or state-run systems with little competition. Their historically lower costs and favorable mortality statistics have led some to… — Michael E. Porter Copy Share Image
“Competition takes place on broad service lines, not individual services. Providers offer every possible service, and gear up to handle any patient… — Michael E. Porter Copy Share Image
“competition takes place on discrete interventions rather than the full cycle of care where value is determined. Value can only be measured… — Michael E. Porter Copy Share Image
“competition in the current system is too local, because it is centered on relatively small, self-contained local institutions catering to local needs.… — Michael E. Porter Copy Share Image
“Per capita health care cost in the United States surpasses that of most other developed countries. Despite this, U.S. costs are rising… — Michael E. Porter Copy Share Image
“At the most basic level, competition in health care must take place where value is actually created.” — Michael E. Porter Copy Share Image
“Pay-for-performance will only raise costs if providers get higher pay for process compliance but do not have to compete on results.” — Michael E. Porter Copy Share Image
“The only way to truly reform health care is to reform the nature of competition itself.” — Michael E. Porter Copy Share Image
“Consumers will only be able to play a bigger role in their care, and make better choices, if providers and health plans… — Michael E. Porter Copy Share Image
“Value in health care is determined in addressing the patient’s particular medical condition over the full cycle of care, from monitoring and… — Michael E. Porter Copy Share Image
“From a strategic perspective, however, the issues in health care can be divided into three broad areas. The first is the cost… — Michael E. Porter Copy Share Image
“Competition on dimensions other than price - on product features, support services, delivery time, or brand image, for instance - is less likely to… — Michael E. Porter Copy Share Image
“THE U.S. HEALTH CARE SYSTEM is on a dangerous path, with a toxic combination of high costs, uneven quality, frequent errors, and limited access… — Michael E. Porter Copy Share Image
“Programs in operational effectiveness produce reassuring progress, although superior profitability may remain elusive. Business publications and consultants flood the market with information about what… — Michael E. Porter Copy Share Image
“U.S. consumers report higher dissatisfaction with their health care system than do consumers in other developed nations.” — Michael E. Porter Copy Share Image
“MOST COMPANIES OWE THEIR INITIAL success to a unique strategic position involving clear trade-offs. Activities once were aligned with that position.” — Michael E. Porter Copy Share Image
“Many countries have state-dominated or state-run systems with little competition. Their historically lower costs and favorable mortality statistics have led some to advocate that… — Michael E. Porter Copy Share Image
“One of the essential tasks in industry analysis is to distinguish temporary or cyclical changes from structural changes. P.29” — Michael E. Porter Copy Share Image
“The strongest competitive force or forces determine the profitability of an industry and become the most important to strategy formulation. The most salient force,… — Michael E. Porter Copy Share Image
“Standardized process guidelines belie the complexity of individual patient circumstances, and freeze care delivery processes rather than foster innovation. What is needed is competition… — Michael E. Porter Copy Share Image
“Good quality is less costly because of more accurate diagnoses, fewer treatment errors, lower complication rates, faster recovery, less invasive treatment, and the minimization… — Michael E. Porter Copy Share Image
“General management is more than the stewardship of individual functions. Its core is strategy: defining and communicating the company’s unique position, making trade-offs, and… — Michael E. Porter Copy Share Image
“But history tells us that monopolies that are truly benevolent and effective are rare.” — Michael E. Porter Copy Share Image
