Transforming Health Care Strategy, Culture & Measurement
In health care, value is created by improving meaningful health outcomes for individuals and families. Dell Medical School and the McCombs School of Business created the Value Institute for Health and Care to accelerate the transformation to high-value health care delivery.
The Value Institute is led by professors Elizabeth Teisberg and Scott Wallace, who work internationally with organizations transforming care delivery to achieve better health outcomes using a human-centered lens. The institute’s work builds on Teisberg’s 2006 book “Redefining Health Care,” co-authored with Harvard Business School’s Michael E. Porter, which introduced the concept of value to health care.
Our entire business model is built on succeeding in value. The Value Institute is an organizing force for assets and perspectives at Dell Med.
S. Claiborne “Clay“ Johnston, M.D., Ph.D., Dean
As an expert resource for high-value health care strategy, the institute strives to redefine health care through the four focus areas below.
Drawing upon the founders’ 10 years of experience in health care transformation, the institute helps care delivery organizations create and implement new strategy, culture and measurement mechanisms.
Using and teaching others to use the Experience Group™ human-centered design methodology, the institute helps organizations identify meaningful, patient-focused outcome measures and translate them into innovative care delivery solutions.
Using the Capability, Comfort and Calm™ outcome framework, the institute helps provider and payer organizations understand the outcomes that matter most to patients and helps them develop systems for calculating costs of care that can guide managerial decisions. EXPLORE A NEW BUSINESS MODEL OF HEALTH CARE »