The information below is based on the program offered in JAN 2021, and does not reflect potential changes to faculty and course content for future program offerings. For a list of upcoming programs, visit our program finder.

Summary

When you improve value, everyone wins—your patients, your organization, and the global health care ecosystem. This live online program examines the latest strategies and organizational models for transforming the way health care is delivered, measured, and reimbursed. Empowered with new insights and capabilities, you will return to your organization prepared to implement and oversee a value-based health care approach that lowers costs and improves outcomes.

This program is offered in cooperation with the HBS Institute for Strategy and Competitiveness (ISC).

You may also be interested in the related program: Strategy for Health Care Delivery.

Summary

This program is offered in cooperation with the HBS Institute for Strategy and Competitiveness (ISC).

You may also be interested in the related program: Strategy for Health Care Delivery.

Key Benefits

In this virtual program, you will use a value framework—first introduced by HBS professor Michael E. Porter in his book Redefining Health Care—as a template for restructuring health care delivery around value. The process starts with providers and expands into strategies for health plans, employers, suppliers, and governmental entities. By exploring real-world implementations, you will learn how to navigate the strategic and organizational challenges inherent in evolving your health care delivery approach.

DetailsExpand All Collapse All

Align your organization around a value-based strategy Align your organization around a value-based strategy

Build a firm foundation for exploring and implementing strategy transformation
Manage the issues that arise when implementing new approaches
Lead strategic and organizational change to generate value

Improve health care quality, system delivery, and patient value Improve health care quality, system delivery, and patient value

Access a network of health care institutions and facilities to enhance quality and coordination of care
Leverage partnerships and implement outcome measurement strategies to improve care for complicated patient populations
Structure your organization according to patient needs rather than medical specialties

Optimize costs through accurate measurement and reporting Optimize costs through accurate measurement and reporting

Apply the concept of Time-Driven Activity-Based Costing (TDABC) to measure health care costs and outcomes
Design and implement a bundled payment system to reduce health care spending and increase quality of care
Explore strategy transformation, geographic expansion, and the process of introducing new measurement approaches

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

Extend your network by connecting and working with accomplished health care executives from various backgrounds, sectors, 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

In this virtual program, you will use a value framework—first introduced by HBS professor Michael E. Porter in his book Redefining Health Care—as a template for restructuring health care delivery around value. The process starts with providers and expands into strategies for health plans, employers, suppliers, and governmental entities. By exploring real-world implementations, you will learn how to navigate the strategic and organizational challenges inherent in evolving your health care delivery approach.

Details

Align your organization around a value-based strategy

Build a firm foundation for exploring and implementing strategy transformation
Manage the issues that arise when implementing new approaches
Lead strategic and organizational change to generate value

Improve health care quality, system delivery, and patient value

Access a network of health care institutions and facilities to enhance quality and coordination of care
Leverage partnerships and implement outcome measurement strategies to improve care for complicated patient populations
Structure your organization according to patient needs rather than medical specialties

Optimize costs through accurate measurement and reporting

Apply the concept of Time-Driven Activity-Based Costing (TDABC) to measure health care costs and outcomes
Design and implement a bundled payment system to reduce health care spending and increase quality of care
Explore strategy transformation, geographic expansion, and the process of introducing new measurement approaches

Expand your personal and professional network

Extend your network by connecting and working with accomplished health care executives from various backgrounds, sectors, 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-level management from health care delivery organizations, such as general managers, senior clinical leaders responsible for overseeing care delivery, and financial executives who direct cost management
Senior executives or strategists from large organizations that provide health care to employees or customers, collaborate with health care institutions, or offer on-site health services or retail health care (e.g., Minute Clinic) as part of their business model
Senior executives from nonprofit organizations that deliver health care services
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—including startups and established firms

Program for Leadership Development participants earn 2 PLDA Points on completion of this program.

Who Should Attend

Senior-level management from health care delivery organizations, such as general managers, senior clinical leaders responsible for overseeing care delivery, and financial executives who direct cost management
Senior executives or strategists from large organizations that provide health care to employees or customers, collaborate with health care institutions, or offer on-site health services or retail health care (e.g., Minute Clinic) as part of their business model
Senior executives from nonprofit organizations that deliver health care services
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—including startups and established firms

Program for Leadership Development participants earn 2 PLDA Points on completion of this program.

Leaders in Virtual Learning

When you participate in a virtual HBS Executive Education program, you benefit from a powerful learning experience carefully designed with a virtual setting in mind. Through live, synchronous program sessions you'll engage directly with our renowned faculty to learn from their latest research, gain actionable takeaways, and facilitate your growth. In addition, virtual discussion groups will connect you to a global group of peers and build your network

Dive Deeper into the Experience

head and shoulder images of people in polygon shapes connected to a laptop with the HBS shield in the center

Virtual Programs for Agile Organizations

Help your organization understand why there is no better time to prioritize learning & development.

Learn More

Discover more about business. And yourself.

Global perspectives > Leadership growth > Organizational impact.

Youngme Moon teaching in the HBSonline studio

Understanding the Benefits of Our Virtual Programs

Four participants of our live online programs share their experiences.

Read Their Stories

Leaders in Virtual Learning: When you participate in a virtual HBS Executive Education program, you benefit from a powerful learning experience carefully designed with a virtual setting in mind. Through live, synchronous program sessions you'll engage directly with our renowned faculty to learn from their latest research, gain actionable takeaways, and facilitate your growth. In addition, virtual discussion groups will connect you to a global group of peers and build your network

Dive Deeper into the Experience

Virtual Programs for Agile Organizations

Help your organization understand why there is no better time to prioritize learning & development.

Learn More

Discover more about business. And yourself.

Global perspectives > Leadership growth > Organizational impact.

Watch the Video Watch the Video

Understanding the Benefits of Our Virtual Programs

Four participants of our live online programs share their experiences.

Read Their Stories

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.

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, e-books, and online case materials. No payment is necessary until you have been accepted. Payment is required prior to the program start date. If you need to cancel participation, you must submit your request in writing more than 14 days before the program start date to receive a full refund. Cancellations received 7 to 14 days before the program start date are subject to a payment of 50 percent of the program fee. Requests received within 7 days of the program start date are subject to full payment of the program fee.

Admissions Criteria and Process

Answering Your Questions

Application Submission

Application Review

Fee, Payment, and Cancellations

What You Will Learn

In this virtual program, you won't just explore value-based health care concepts—you'll learn exactly how to implement them. Through a rich learning experience that includes faculty presentations, global case studies, and small-group discussions, you will discover how leading health care organizations are using value-based approaches in a variety of medical contexts. Focused on six specific strategic agendas, you will learn how to overcome the organizational challenges of moving toward high-value, integrated care delivery.

What You Will Learn: In this virtual program, you won't just explore value-based health care concepts—you'll learn exactly how to implement them. Through a rich learning experience that includes faculty presentations, global case studies, and small-group discussions, you will discover how leading health care organizations are using value-based approaches in a variety of medical contexts. Focused on six specific strategic agendas, you will learn how to overcome the organizational challenges of moving toward high-value, integrated care delivery.

Program Format

The program takes place over five days, with live, synchronous classes each day, discussion groups and networking. Class sessions will take place via the Zoom platform. In addition, participants can expect to spend 1-2 hours per day with self-paced work.

Collaborative learning is an integral part of the experience. To maximize the benefit for everyone, you are expected to attend every session, complete all assignments, and contribute effectively in the class and in small groups.

Program Format

Key TopicsExpand All Collapse All

Creating a more effective practice Creating a more effective practice

Organizing into integrated practice units around patient medical conditions or distinct patient populations for primary and preventive care
Creating and leading a value-based delivery organization
Incorporating primary care in value-based health care
Integrating primary care with specialty care
Overcoming barriers to change

Measuring and optimizing health outcomes and costs for every patient Measuring and optimizing health outcomes and costs for every patient

Identifying, measuring, and reporting outcomes that matter to patients
Using Time-Driven Activity-Based Costing to measure the cost of care
Using outcome and cost data to address areas for improvement, such as matching the right providers to the right tasks
Empowering clinicians to improve the value of care
Demonstrating improved outcomes

Aligning payment with value Aligning payment with value

Moving to value-based reimbursements
Employing bundled payments that cover the full care cycle
Managing bundled payment contracts

Integrating care delivery across facilities in health systems Integrating care delivery across facilities in health systems

Rationalizing service lines
Performing services in the right location
Integrating patient care across locations

Expanding across geography through new facilities, affiliations, and partnerships Expanding across geography through new facilities, affiliations, and partnerships

Expanding centers of excellence regionally and nationally
Creating a network strategy based on value for patients
Collaborating and coordinating care with key partners

Creating an enabling information technology platform Creating an enabling information technology platform

Moving to value-based reimbursements
Implementing value-based health care in a large system
Developing a data collection infrastructure to record outcomes and resource use

Key Topics

Creating a more effective practice

Organizing into integrated practice units around patient medical conditions or distinct patient populations for primary and preventive care
Creating and leading a value-based delivery organization
Incorporating primary care in value-based health care
Integrating primary care with specialty care
Overcoming barriers to change

Measuring and optimizing health outcomes and costs for every patient

Identifying, measuring, and reporting outcomes that matter to patients
Using Time-Driven Activity-Based Costing to measure the cost of care
Using outcome and cost data to address areas for improvement, such as matching the right providers to the right tasks
Empowering clinicians to improve the value of care
Demonstrating improved outcomes

Aligning payment with value

Moving to value-based reimbursements
Employing bundled payments that cover the full care cycle
Managing bundled payment contracts

Integrating care delivery across facilities in health systems

Rationalizing service lines
Performing services in the right location
Integrating patient care across locations

Expanding across geography through new facilities, affiliations, and partnerships

Expanding centers of excellence regionally and nationally
Creating a network strategy based on value for patients
Collaborating and coordinating care with key partners

Creating an enabling information technology platform

Moving to value-based reimbursements
Implementing value-based health care in a large system
Developing a data collection infrastructure to record outcomes and resource use

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 Chair

Michael E. Porter

Bishop William Lawrence University Professor

HBS Unit:

Strategy

Read Full Bio

Faculty

Thomas W. Feeley

Senior Fellow

Read Full Bio

Susanna Gallani

Assistant Professor of Business Administration

HBS Unit:

Accounting and Management

Read Full Bio

Robert S. Kaplan

Senior Fellow, Marvin Bower Professor of Leadership Development, Emeritus

HBS Unit:

Accounting and Management

Read Full Bio

Thomas Lee

Harvard T.H. Chan School of Public Health:

Professor in the Department of Health Policy and Management

Read Full Bio

Mary L. Witkowski

Executive Fellow, 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 Chair

Michael E. Porter

Bishop William Lawrence University Professor

HBS Unit:

Strategy

Read Full Bio

Faculty

Thomas W. Feeley

Senior Fellow

Read Full Bio

Susanna Gallani

Assistant Professor of Business Administration

HBS Unit:

Accounting and Management

Read Full Bio

Robert S. Kaplan

Senior Fellow, Marvin Bower Professor of Leadership Development, Emeritus

HBS Unit:

Accounting and Management

Read Full Bio

Thomas Lee

Harvard T.H. Chan School of Public Health:

Professor in the Department of Health Policy and Management

Read Full Bio

Mary L. Witkowski

Executive Fellow, Harvard Business School

Read Full Bio

Program content, dates, schedule, fees, technology platforms, 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.

View In-Person Program Offering

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

Thomas W. Feeley

Faculty

Learn More

Program Finder

Need Help? Contact Us:

Program Advising team

Email: executive_education@hbs.edu

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

Thomas W. Feeley

Faculty

Learn More

View In-Person Program Offering

Program Finder

Need Help? Contact Us:

Program Advising team

Email: executive_education@hbs.edu

Related Programs

Explore All Programs Download Program Calendar

Explore All Programs Application PDF

Strategy for Health Care Delivery—Virtual

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

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

Summary

Summary

DetailsExpand AllCollapse All

Align your organization around a value-based strategyAlign your organization around a value-based strategy Dropdown down

Improve health care quality, system delivery, and patient valueImprove health care quality, system delivery, and patient value Dropdown down

Optimize costs through accurate measurement and reportingOptimize costs through accurate measurement and reporting Dropdown down

Expand your personal and professional networkExpand your personal and professional network Dropdown down

Align your organization around a value-based strategy

Improve health care quality, system delivery, and patient value

Optimize costs through accurate measurement and reporting

Expand your personal and professional network

Who Should Attend

Leaders in Virtual Learning

Leaders in Virtual Learning

Admissions Criteria and Process

Answering Your Questions

Application Submission

Application Review

Fee, Payment, and Cancellations

Answering Your Questions

Application Submission

Application Review

Fee, Payment, and Cancellations

What You Will Learn

What You Will Learn

Program Format

Program Format

Key TopicsExpand AllCollapse All

Creating a more effective practiceCreating a more effective practice Dropdown down

Measuring and optimizing health outcomes and costs for every patientMeasuring and optimizing health outcomes and costs for every patient Dropdown down

Aligning payment with valueAligning payment with value Dropdown down

Integrating care delivery across facilities in health systemsIntegrating care delivery across facilities in health systems Dropdown down

Expanding across geography through new facilities, affiliations, and partnershipsExpanding across geography through new facilities, affiliations, and partnerships Dropdown down

Creating an enabling information technology platformCreating an enabling information technology platform Dropdown down

Creating a more effective practice

Measuring and optimizing health outcomes and costs for every patient

Aligning payment with value

Integrating care delivery across facilities in health systems

Expanding across geography through new facilities, affiliations, and partnerships

Creating an enabling information technology platform

The HBS Advantage

The HBS Advantage

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

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

DetailsExpand All Collapse All

Align your organization around a value-based strategy Align your organization around a value-based strategy

Improve health care quality, system delivery, and patient value Improve health care quality, system delivery, and patient value

Optimize costs through accurate measurement and reporting Optimize costs through accurate measurement and reporting

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

Key TopicsExpand All Collapse All

Creating a more effective practice Creating a more effective practice

Measuring and optimizing health outcomes and costs for every patient Measuring and optimizing health outcomes and costs for every patient

Aligning payment with value Aligning payment with value

Integrating care delivery across facilities in health systems Integrating care delivery across facilities in health systems

Expanding across geography through new facilities, affiliations, and partnerships Expanding across geography through new facilities, affiliations, and partnerships

Creating an enabling information technology platform Creating an enabling information technology platform