Michael Porter

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Last quote by Michael Porter

Medical device and pharmaceutical companies are starting to realize that if they don't change the nature of healthcare, their prices will be cut. If they want to make good profits ... they are going to have to prove that their drug actually lowers the overall cost of care.feedback
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Apr 26 2017
Michael Porter has most recently been quoted in an article called Global foundation launches value-based healthcare pilots. Michael Porter said, “Hospitals, primary care practices, the way people get paid -- all of that has to be transformed. The push back is not on the ideas, it's on implementation. Something of a political war is underway in healthcare. The AMA (American Medical Association) has been a great supporter of the old system. The private insurance industry, although there are important exceptions, has also been holding this back -- they are doing pretty well the way it is. They are making good margins.”. Michael Porter has been quoted a grand total of 5 times in 2 articles.
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