The cure, he says, lies in a new kind of competition that should exist among health providers as to which hospital, clinic, doctor can offer the most excellent care for a patient's particular needs.
Click the "Listen" link to hear Michael Porter prescribe his radical cure for America's health care system.
Michael Porter, expert on competitive strategy and economic development, professor and director at the Institute for Strategy and Competitiveness at Harvard Business School. His article "Redefining Competition in Health Care" appeared in the June issue of Harvard Business Review.
This program aired on June 8, 2004.