Elizabeth Teisberg, Ph.D.
Professor Elizabeth Teisberg, Ph.D., serves Dell Medical School as executive director of the Value Institute for Health and 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 in 2006.
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, Teisberg is a professor at UT Austin’s McCombs School of Business and 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’s degree program in Health Care Transformation, as well as executive education workshops focused on the “how-to” of leading, implementing, and paying for high-value health care.
Scott Wallace, J.D., MBA
Associate Professor Scott Wallace, co-founder and managing director of the Value Institute for Health and Care at Dell Medical School, leverages his business, health care IT and health policy background to work with students, employers, health care leaders and other stakeholders to transform health care delivery in the U.S. and around the world.
Wallace recently served as the Interim chief business officer of Dell Medical School and is an integral member of the Dell Medical School faculty. Prior to joining The University of Texas at Austin, Wallace helped to create Dartmouth College’s Master in Health Care Delivery Science program, an innovative course for midcareer executives and clinicians. He served on the faculty for Harvard Business School’s executive education program on health care strategy. He is also a Batten fellow at the University of Virginia’s Darden School of Business and was a distinguished fellow at the Geisel School of Medicine at Dartmouth.
Wallace was appointed by President George W. Bush to chair the Federal Commission on Systemic Interoperability, which advised the White House and Congress on information technology and health transformation. He was also the first president and CEO of the National Alliance for Health Information Technology, and was a co-founder of the Certification Commission for Healthcare Information Technology.
Before his academic career, Wallace helped co-found an early-stage venture capital firm, he was CEO of a specialty chemical company, and he practiced corporate law at the Chicago law firm Kirkland & Ellis.
Wallace holds a juris doctorate from the University of Chicago Law School, a master’s degree with honors in business administration from the University of Chicago Graduate School of Business, and a bachelor’s degree in economics from Duke University.