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Email: executive_education@hbs.edu

Value Measurement for Health Care

Dates: 05–07 AUG 2019

Location: HBS Campus

Fee: $6,700

The program fee covers tuition, books, case materials, accommodations, and most meals.

Summary

Innovative health care organizations worldwide are moving toward better value measurement models to improve patient outcomes and lower delivery costs. Value Measurement for Health Care explores the best practices for reorganizing and coordinating care, improving process efficiencies, implementing new reimbursement approaches, and integrating care delivery across practices. You will return with the frameworks and skills to make rigorous value measurement a core part of your organization's strategic agenda.

Summary: Innovative health care organizations worldwide are moving toward better value measurement models to improve patient outcomes and lower delivery costs. Value Measurement for Health Care explores the best practices for reorganizing and coordinating care, improving process efficiencies, implementing new reimbursement approaches, and integrating care delivery across practices. You will return with the frameworks and skills to make rigorous value measurement a core part of your organization's strategic agenda.

Key Benefits

Focused on improving the quality and delivery of health care, Value Measurement for Health Care provides more efficient and more cost-effective approaches to measuring patient outcomes, and explores new strategies for creating and implementing a successful value measurement system. In the process, you will learn how to use the Time-Driven Activity-Based Costing (TDABC) method, which will enable you to more accurately measure costs for individual patients as well as the total cost of care for their medical conditions.

DetailsExpand All Collapse All

Improve outcomes and reduce costs Improve outcomes and reduce costs

Implement value measurement processes across your organization
Provide better care through new approaches for organizing practice units and serving complicated patient populations
Execute the right processes at the right locations, integrate care delivery across facilities, and coordinate care with health care partners

Increase operational efficiencies Increase operational efficiencies

Match clinical resources to clinical processes and improve resource utilization
Optimize costs over the full cycle of care
Manage reimbursement and payment challenges

Expand your personal and professional network Expand your personal and professional network

Extend your network by living and working with accomplished executives from various backgrounds, industries, and countries across the globe
Build relationships with a diverse group of peers who can provide wide-ranging insights into your business challenges and career decisions

Key Benefits

Details

Improve outcomes and reduce costs

Implement value measurement processes across your organization
Provide better care through new approaches for organizing practice units and serving complicated patient populations
Execute the right processes at the right locations, integrate care delivery across facilities, and coordinate care with health care partners

Increase operational efficiencies

Match clinical resources to clinical processes and improve resource utilization
Optimize costs over the full cycle of care
Manage reimbursement and payment challenges

Expand your personal and professional network

Extend your network by living and working with accomplished executives from various backgrounds, industries, and countries across the globe
Build relationships with a diverse group of peers who can provide wide-ranging insights into your business challenges and career decisions

Who Should Attend

Senior clinical leaders responsible for overseeing care delivery
Financial executives who direct cost management for health care delivery organizations
HR executives from large organizations who manage health care for employees, collaborate with health care institutions, or offer on-site health services or retail health care as part of their business model
Executives from health care insurance companies, government entities that pay for health care, or other payor organizations
Leaders from pharmaceutical companies, medical device companies, or other health care supply companies

Who Should Attend: Senior clinical leaders responsible for overseeing care delivery

Financial executives who direct cost management for health care delivery organizations

HR executives from large organizations who manage health care for employees, collaborate with health care institutions, or offer on-site health services or retail health care as part of their business model

Executives from health care insurance companies, government entities that pay for health care, or other payor organizations

Leaders from pharmaceutical companies, medical device companies, or other health care supply companies

Learning and Living at HBS

When you participate in an Executive Education program on the HBS campus, you enter an immersive experience where every aspect of the learning model has been carefully designed to facilitate your growth. Your learning will take place on your own, in your living group, and in the larger classroom, driven by the renowned HBS case method.

Learning and Living at HBS: When you participate in an Executive Education program on the HBS campus, you enter an immersive experience where every aspect of the learning model has been carefully designed to facilitate your growth. Your learning will take place on your own, in your living group, and in the larger classroom, driven by the renowned HBS case method.

Admissions Criteria and Process

We admit candidates to specific sessions on a rolling, space-available basis, and encourage you to apply as early as possible. Although most programs have no formal educational requirements, admission is a selective process based on your professional achievement and organizational responsibilities.

Admissions Criteria and Process

Answering Your Questions

Our Program Advising team can help you at any stage of the admissions process—starting with identifying the program that best addresses your learning and development goals. Contact a program advisor via email or call 1.800.427.5577 (outside the U.S., call +1.617.495.6555).

Application Submission

We recommend that you apply at least four weeks before the program start date. You may use our online form or download an application. HBS maintains all application information in strict confidentiality. We acknowledge receipt of applications via email. In the unlikely event that you do not receive an acknowledgment, please email us at exed_admissions@hbs.edu or call us at +1.617.495.6226.

Application Review

To optimize the learning experience and maximize the exchange of ideas, our Admissions Committee makes selections that balance each participant's experience, scope of current responsibilities, and type of organization. HBS seeks candidates who reflect a broad range of industries, functions, countries, and backgrounds. We review applications monthly and will contact you via email with the Admissions Committee's decision.

Fee, Payment, and Cancellations

The program fee covers tuition, books, case materials, accommodations, and most meals. No payment is necessary until you have been accepted. Payment is required prior to the program start date. If you need to cancel or defer participation, you must submit your request in writing more than 30 days before the start of the program to receive a full refund. Cancellations or deferrals received 14 to 30 days prior to the start of the program are subject to a fee of one-half of the program fee. Requests received within 14 days are subject to full payment.

Program content, dates, fees, and faculty are subject to change. In accordance with Harvard University policy, Harvard Business School does not discriminate against any person on the basis of race, color, sex or sexual orientation, gender identity, religion, age, national or ethnic origin, political beliefs, veteran status, or disability in admission to, access to, treatment in, or employment in its programs and activities.

What You Will Learn

Through a rich learning experience that includes faculty presentations, case studies, dynamic discussions, and interactions with guest speakers, you will explore innovative health care practices and value initiatives in action. You will learn how to improve the care delivery process through the rigorous measurement and management of outcomes—and how to implement an effective value measurement system across your organization.

What You Will Learn: Through a rich learning experience that includes faculty presentations, case studies, dynamic discussions, and interactions with guest speakers, you will explore innovative health care practices and value initiatives in action. You will learn how to improve the care delivery process through the rigorous measurement and management of outcomes—and how to implement an effective value measurement system across your organization.

Key AreasExpand All Collapse All

Measurement: outcomes and costs Measurement: outcomes and costs

Using the outcome measures hierarchy to identify outcomes that matter to patients
Mapping the processes of care and associated costs using the Time-Driven Activity-Based Costing (TDABC) methodology
Calculating patient treatment costs and margins
Developing a data collection infrastructure to record outcomes and resource use
Organizing and staffing a project for measurement of costs and outcomes

Measurement systems and care delivery Measurement systems and care delivery

Overcoming barriers to change when implementing new systems and processes
Utilizing outcomes and cost data to innovate and improve care delivery
Eliminating unnecessary processes or process variations that do not add value
Empowering physicians, nurses, and administrators to improve the value of care
Collaborating and coordinating care with key partners
Lowering wait times while improving patient outcomes and choice of care

Payments and reporting Payments and reporting

Creating and accepting new bundled payment contracts with public and private payors
Reporting outcomes to referring providers, payors, and patients
Managing coverage issues or policy changes from public health plans or private insurers

Key Areas

Measurement: outcomes and costs

Using the outcome measures hierarchy to identify outcomes that matter to patients
Mapping the processes of care and associated costs using the Time-Driven Activity-Based Costing (TDABC) methodology
Calculating patient treatment costs and margins
Developing a data collection infrastructure to record outcomes and resource use
Organizing and staffing a project for measurement of costs and outcomes

Measurement systems and care delivery

Overcoming barriers to change when implementing new systems and processes
Utilizing outcomes and cost data to innovate and improve care delivery
Eliminating unnecessary processes or process variations that do not add value
Empowering physicians, nurses, and administrators to improve the value of care
Collaborating and coordinating care with key partners
Lowering wait times while improving patient outcomes and choice of care

Payments and reporting

Creating and accepting new bundled payment contracts with public and private payors
Reporting outcomes to referring providers, payors, and patients
Managing coverage issues or policy changes from public health plans or private insurers

The HBS Advantage

Our Executive Education programs are developed and taught by HBS faculty who are widely recognized as skilled educators, groundbreaking researchers, and award-winning authors. Through their board memberships, consulting, and field-based research, they address the complex challenges facing business leaders across the globe.

Faculty Cochair

Robert S. Kaplan

Senior Fellow, Marvin Bower Professor of Leadership Development, Emeritus. Member of the Accounting and Management Unit; and faculty cochair of "Driving Corporate Performance: Aligning Scorecards, Systems, and Strategy," "Risk Management for Corporate Leaders: From Compliance to Competitive Advantage," and "Value Measurement for Health Care."

Read Full Bio

Prof Kaplan on action research to lower health care costs.

Watch the Video

Michael E. Porter

Bishop William Lawrence University Professor. Member of the Strategy Unit; and director of the Institute for Strategy and Competitiveness. Faculty chair of "Strategy for Health Care Delivery"; faculty cochair of "Creating Shared Value" and of "Value Measurement for Health Care."

Read Full Bio

Faculty

Thomas W. Feeley

Senior Fellow, Harvard Business School and Professor Emeritus at the University of Texas MD Anderson Cancer Center.

Read Full Bio

Prepare for the new world of value-based health care.

Thomas Lee

Professor in the Department of Health Policy and Management, Harvard T.H. Chan School of Public Health.

Read Full Bio

Mary L. Witkowski

Fellow, Institute for Strategy & Competitiveness, Harvard Business School.

Read Full Bio

The HBS Advantage: Our Executive Education programs are developed and taught by HBS faculty who are widely recognized as skilled educators, groundbreaking researchers, and award-winning authors. Through their board memberships, consulting, and field-based research, they address the complex challenges facing business leaders across the globe.

Faculty Cochair

Robert S. Kaplan

Senior Fellow, Marvin Bower Professor of Leadership Development, Emeritus. Member of the Accounting and Management Unit; and faculty cochair of "Driving Corporate Performance: Aligning Scorecards, Systems, and Strategy," "Risk Management for Corporate Leaders: From Compliance to Competitive Advantage," and "Value Measurement for Health Care."

Read Full Bio
Prof Kaplan on action research to lower health care costs.
Watch the Video

Michael E. Porter

Bishop William Lawrence University Professor. Member of the Strategy Unit; and director of the Institute for Strategy and Competitiveness. Faculty chair of "Strategy for Health Care Delivery"; faculty cochair of "Creating Shared Value" and of "Value Measurement for Health Care."

Read Full Bio

Faculty

Thomas W. Feeley

Senior Fellow, Harvard Business School and Professor Emeritus at the University of Texas MD Anderson Cancer Center.

Read Full Bio
Prepare for the new world of value-based health care.
Read More

Thomas Lee

Professor in the Department of Health Policy and Management, Harvard T.H. Chan School of Public Health.

Read Full Bio

Mary L. Witkowski

Fellow, Institute for Strategy & Competitiveness, Harvard Business School.

Read Full Bio

Summary

Summary

DetailsExpand AllCollapse All

Improve outcomes and reduce costsImprove outcomes and reduce costs icon-dropdown-down

Increase operational efficienciesIncrease operational efficiencies icon-dropdown-down

Expand your personal and professional networkExpand your personal and professional network icon-dropdown-down

Improve outcomes and reduce costs

Increase operational efficiencies

Expand your personal and professional network

Who Should Attend

Who Should Attend

Learning and Living at HBS

Learning and Living at HBS