Dr. Elizabeth Teisberg, serves Dell Medical School and McCombs School of Business as executive director of the Value Institute for Health and Care and is the Cullen Trust for Higher Education Distinguished University Chair in Value-Based Care. Co-creator of the concept of value-based health care delivery, Teisberg is best known for writing Redefining Health Care: Creating Value-Based Competition on Results, which she co-authored with Michael E. Porter.

Teisberg, an expert in transformational innovation and the implementation of high-value health care, speaks to and advises organizations throughout the U.S. and around the globe. In addition to being an integral member of the leadership team and faculty at Dell Med and a professor at UT Austin’s McCombs School of Business, she is a senior associate at Harvard’s Institute for Strategy and Competitiveness. Teisberg earned her Ph.D. in engineering at Stanford University. She previously served on the faculties of Dartmouth’s Geisel School of Medicine, University of Virginia’s Darden School of Business and the Harvard Business School. Together, Teisberg and Porter created executive education courses and a Harvard University course that introduce the concepts and insights of value-based health care.

The Value Institute for Health and Care conducts research on transforming culture, strategy, measurement and payment to enable high-value health care. From these insights, the Value Institute develops tools that help organizations, including Dell Medical School’s health care services, create and implement value-based health care strategy. The Value Institute also works to transform health care through education, offering a Master of Science in Health Care Transformation degree, as well as executive education workshops focused on the “how-to” of leading, implementing, and paying for high-value health care.