Stefan Larsson, MD, Ph.D. is a pioneer in the field of value-based health care. Dr. Larsson is an independent advisor to healthcare organizations, a BCG senior advisor, a co-founder and board member of the International Consortium for Health Outcomes Measurement (ICHOM), a non-profit that works to create global standards for measuring health outcomes, and a distinguished fellow on the Health and Healthcare team of the World Economic Forum.

Jennifer Clawson is a Partner and Director in BCG’s Madrid office and a global head of the firm’s Center for Value in Health Care. She has worked in both private- and public-sector organizations to create new value-based business models to improve health outcomes.

In their new book, Patient Priority: Solve Health Care’s Value Crisis by Measuring and Delivering Outcomes That Matter to Patients co-authored with Josh Kellar, Managing Director and Partner in BCG’s Chicago office, Stefan and Jennifer discuss based on their decades of experience in the healthcare industry some of the bright spots of progress and innovation in our journey towards value-based healthcare, while laying out an ambitious and compelling path for the journey still ahead.

In conversation with Martin Reeves, Chairman of BCG Henderson Institute, they discuss a value and outcome-based approach to healthcare, explaining how value in healthcare needs to include both the outcomes that matter to patient groups and the resources needed to deliver those outcomes. They also opine on the approach as a template for addressing other complex organizational challenges.