Value Institute for Health and Care

Dell Medical School and the McCombs School of Business created the Value Institute for Health and Care to accelerate the transformation to high-value care. The institute was led by professors Elizabeth Teisberg, PhD, and Scott Wallace, JD, MBA, who worked with organizations around the world to implement high-value health care. Its work built on Teisberg’s 2006 book, “Redefining Health Care: Creating Value-Based Competition on Results,” co-authored with Harvard Business School’s Michael E. Porter, which introduced the concept of value to health care delivery, as well as over a decade of implementation work with other organizations. Through transformation, education, and thought leadership, the institute served as a resource for those who sought to catalyze and accelerate change in how health care is delivered.