Value in healthcare is the quality and experience of the health outcome divided by the price. This course is a study of value creation and capture in U.S. healthcare delivery. As such, the focus of the course is on healthcare services and the provision of care to patients, primarily focusing on the American context but with applicability to global markets. We will not, beyond the occasional mention, be discussing ancillary industries or other inputs/products such as pharmaceuticals, durable medical equipment, or long-term care. Our objective is to understand how the healthcare system is organized (or not) and managed (or not) so that we can create and capture value through the delivery of care.