In today’s episode, we talk with Dr. Elizabeth Teisberg, co-creator of the concept of value-based health care delivery and executive director of the Value Institute for Health and Care at the University of Texas, and his former professor! She discusses how she and Dr. Michael E. Porter developed the concept of value-based care, why she believes it’s the ideal solution for improving outcomes and lowering costs, the misconceptions around value-based care, and much more.

Dr. Teisberg also shares why she started the joint Masters of Science in Healthcare Transformation program at the Dell Medical School and McCombs School of Business and who should consider applying for the Master's program.