"We believe the value-based health care approach will expand the definition of quality and will improve transparency, both of which are essential to delivering truly patient-centered care," said Mary L. Witkowski, MD, MBA, Fellow, HBS Institute for Strategy and Competitiveness. "With better understanding of their quality and costs, health systems, accountable care organizations and surgical practices to will then be able improve the value they deliver to patients and increase access to care."
"This is the next evolution of our nation's health system," Dr. Hoyt said. "We know we can provide world-class care to all patients. Now we need to make that care affordable and accessible to all in a way that meets the patient's goals."
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About the American College of Surgeons
The American College of Surgeons is a scientific and educational organization of surgeons that was founded in 1913 to raise the standards of surgical practice and improve the quality of care for surgical patients. The College is dedicated to the ethical and competent practice of surgery. Its achievements have significantly influenced the course of scientific surgery in America and have established it as an important advocate for all surgical patients. The College has more than 82,000 members and is the largest organization of surgeons in the world.
About Harvard Business School Institute for Strategy and Competitiveness
The Institute for Strategy and Competitiveness (ISC) is a nonprofit research and education organization based at Harvard Business School. The Institute is dedicated to extending the research pioneered by Michael Porter – Harvard Business School professor and author who is widely considered the father of the modern strategy field – and disseminating it to scholars and practitioners on a global basis. Its mission is to advance scholarship, advise leaders and policymakers, and develop practical, research-based frameworks to study competition and its implications for company strategy; the competitiveness of nations, regions and cities and the relationship between competition and society.
SOURCE American College of Surgeons
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