Michael Porter's Value-Based Health Care Delivery

In the video “Value Based Health Care Delivery”, spoken by Michael Porter, he begins with a discussion of redefining health care delivery. He stated that unless we want to make pay cuts for health professionals or limit care, there has to be improvement in the value of health care delivered. As defined by Porter, value is patient health outcomes per dollar spent. In order for significant improvement in value, it would require reconstruction of the fundamentals of the health care delivery system. The current competition in today’s health care is not aligned with patient value, but the financial success of healthcare businesses. One of the most encouraging points Porter made in his lecture was his emphasis on quality improvement. Port believes