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1 September 2011
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The Big Idea: How to Solve the Cost Crisis in Health Care
How to Solve the Cost Crisis in Health Care
By Robert S. Kaplan and Michael E. Porter
Published by Harvard Business Review
Published in the Harvard Business review, this video and sound clip with Robert S. Kaplan (Baker Foundation Professor at Harvard Business School) and Michael E.Porter (Bishop William Lawrence University Professor at Harvard) looks at US health care costs and the explanations behind their continual rise.
The converstion starts by discussing the aging of populations and the development of new treatments and then goes on to discuss hird-party payors (insurance companies and governments) reimbursing for procedures performed rather than outcomes achieved.