AUSTIN, Texas — On Monday, Aug. 12, The University of Texas at Austin will welcome the inaugural class of its new degree program, a Master of Science in Health Care Transformation, designed to drive change in health care that achieves better health — and better value — for individuals and families. This unique, interdisciplinary, one-year master’s degree is designed for working professionals. It is created by the Value Institute for Health and Care, which provides leadership and expertise on implementing value-based health care and is a collaboration of the McCombs School of Business and Dell Medical School.
“This remarkable cohort of students is coming together from across the health care spectrum to drive transformation so that health care achieves better health for more people.” said Elizabeth Teisberg, Ph.D., executive director of the Value Institute and co-author of the 2006 book “Redefining Health Care,” with Harvard Business School’s Michael Porter, which introduced the concept of value to health care delivery.
“This collaboration of action-oriented people will start fixing American health care,” said Scott Wallace, J.D., MBA, managing director of the Value Institute and former chair of the Federal Commission for Systemic Interoperability for President George W. Bush.
Why Transform Health Care?
Health care is fraught with ineffectiveness, inefficiency and racial disparities. Dell Medical School’s Dean Clay Johnston, M.D., Ph.D., agrees: “Our current health care system’s business model is backward, rewarding providers and hospitals for the process rather than the results. This innovative program focuses on insights and skills to drive better health, linking business and medicine to create new models of care that are aligned with society’s interest in health.”
“We recognize the economic imperative of creating high value health care. We are excited to prepare practitioners and others in the medical field to transform a health care system that needs vast improvement,” said Dean Jay Hartzell, Ph.D., of the McCombs School of Business.
See more information about the Master of Science in Health Care Transformation.
For details, contact: Catenya McHenry, McCombs School of Business, firstname.lastname@example.org, 512-471-5218; Shahreen Abedin, Dell Medical School, email@example.com, 512-495-5062.