STRATEGY FOR HEALTH CARE DELIVERY WORKSHOP BY HARVARD PROFESSORS MICHAEL PORTER AND ROBERT KAPLAN Texas Medical Center would like to invite you to participate in the Value Measurement for Health Care Delivery Workshop. There is a growing recognition that the only real solution to the problems in health care delivery is to substantially improve value for patients, defined as the health outcomes achieved per dollar spent. Focusing on value for patients requires strategic and organizational changes in the way health care is delivered, measured, and reimbursed. This workshop will explore the organizational challenges of actually implementing the value-based approach in practice. And, will provide you with a template for restructuring health care delivery around value, starting with providers but encompassing new strategies for health plans, employers, suppliers, and government. This two days workshop will involve intensive Harvard Business School-style case discussions, guest protagonists, and concept presentations focused on practical approaches to outcome and cost measurements in health care organizations. We are confident that you will find this workshop to be both illuminating and practical, and that you will benefit from form the experiences of the professors, protagonists, and fellow participants. This workshop will provide: • An explanation of the Value for Patient approach to healthcare • The tools to make the strategic and organizational changes • A template for implementing the Value for Patient approach in your organization DOWNLOAD PROSPECTUS For further questions, please contact Brew McKenna. RSVP deadline is Friday, April 11. We hope to see you there this spring. The Professors Michael Porter, faculty co-chair, is the Bishop William Lawrence University Professor based at Harvard Business School and a leading authority on strategy and competitiveness. Author of Competitive Strategy, The Competitive Advantage of Nations, and numerous other books and articles, his work has influenced CEOs and government leaders throughout the world. Professor Porter has worked extensively in health care for the last decade. With Elizabeth Teisberg, he developed the value framework, first described in Redefining Health Care. It has been extended in a series of additional articles and case studies. He works actively on strategy with health care organizations and advises national leaders on health system reforms in several countries. Bob Kaplan is the Marvin Bower Professor of Leadership Development, Emeritus at the Harvard Business School where he has taught for 30 years, after serving on the faculty of the business school at Carnegie-Mellon University, where he served as Dean for six years. Kaplan received a B.S. and M.S. in Electrical Engineering from M.I.T., a Ph.D. in Operations Research from Cornell University, and several honorary degrees. Kaplan focuses on linking cost and performance management systems to strategy implementation. His current research includes a major project in the health care sector, done collaboratively with Michael Porter, to demonstrate how accurate measurement of outcomes and cost can help providers deliver better value to patients at lower cost. He is also introducing a new framework for measuring and managing organizational risk. Kaplan was co-developer of both activity-based costing and the Balanced Scorecard. He has authored or co-authored 14 books and more than 150 papers including 23 in Harvard Business Review. His most recent book, The Execution Premium: Linking Strategy to Operations for Competitive Advantage, was the fifth Balanced Scorecard book co-authored with David Norton. Elected to the Accounting Hall of Fame in 2006, Kaplan received Outstanding Accounting Educator Award in 1988 from the American Accounting Association (AAA) and Lifetime Contribution Awards from the Institute of Management Accountants and the Management Accounting Section of the AAA. Kaplan speaks throughout the world on strategy execution, value measurement in health care, risk management, and performance management systems.