When you improve value, everyone wins—your patients, your organization, and the global health care ecosystem. This 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).

Summary

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

Key Benefits

In this 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 living 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 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 living 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

Participating Companies Have Included:

Boston Children's Hospital

Boston Scientific

Brigham and Women's Hospital

Confluence Health

Merck

United Health Group

US Navy

Dive Deeper into the Experience

We Celebrate New Ways of Thinking. Are You Ready?

Thrive in a learning environment that welcomes diverse ideas and perspectives.

Experience the Case Method in the Classroom

Watch participants debate the issues and present their viewpoints.

Discover more about business. And yourself.

Global perspectives > Leadership growth > Organizational impact.

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

Participating Companies Have Included:

Boston Children's Hospital

Boston Scientific

Brigham and Women's Hospital

Confluence Health

Merck

United Health Group

US Navy

Dive Deeper into the Experience

We Celebrate New Ways of Thinking. Are You Ready?

Thrive in a learning environment that welcomes diverse ideas and perspectives.

Learn More

Learn More

Experience the Case Method in the Classroom

Watch participants debate the issues and present their viewpoints.

Learn More

Learn More

Discover more about business. And yourself.

Global perspectives > Leadership growth > Organizational impact.

Learn More

Learn More

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.

What You Will Learn

In this 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, guest speakers, 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 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, guest speakers, 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.

Key AreasExpand 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 Areas

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

Faculty

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. 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.

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

Read Full Bio Read More

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."

Prof Kaplan on action research to lower health care costs.

Read Full Bio Watch the Video

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

Faculty: 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. 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.

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

Read Full Bio Read More

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."

Prof Kaplan on action research to lower health care costs.

Read Full Bio Watch the Video

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

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More Admissions Information

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.

Need Help? Contact Us:

Program Advising team

Email: executive_education@hbs.edu

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