The US health care system is in crisis At stake are the quality of care for millions of Americans & the financial well-being of individuals & employers squeezed by skyrocketing premiums--not to mention the stability of state & federal government budgets In Redefining Health Care internationally renowned strategy expert Michael Porter & innovation expert Elizabeth Teisberg reveal the underlying--and largely overlooked--causes of the problem & provide a powerful prescription for change The authors argue that competition currently takes place at the wrong level--among health plans networks & hospitals--rather than where it matters most in the diagnosis treatment & prevention of specific health conditions Participants in the system accumulate bargaining power & shift costs in a zero-sum competition rather than creating value for patients Based on an exhaustive study of the US health care system Redefining Health Care lays out a breakthrough framework for redefining the way competition in health care delivery takes place--and unleashing stunning improvements in quality & efficiency With specific recommendations for hospitals doctors health plans employers & policy makers this book shows how to move health care toward positive-sum competition that delivers lasting benefits for all