A Batten Fellow at the University of Virginia’s Darden School of Business, Wallace is currently an associate professor and core part of the inaugural faculty at the University of Texas at Austin’s Dell Medical School, a pioneering, value-based medical school. He also served on the faculty for Harvard Business School’s executive education program on health care strategy, and most recently, was a Distinguished Fellow at the Geisel School of Medicine at Dartmouth, where he helped to create its masters in health care delivery science program, an innovative new course for mid-career executives and clinicians from across the U.S. and more than 15 countries.

In collaboration with Elizabeth Teisberg – a leading expert on value creation and its integral role in improving service delivery in health care – Wallace also teaches workshops on value-based health care delivery using a new case model they developed together, including the proprietary Experience Group research tool. The expert duo – also co-authors of a forthcoming book, “Capability, Comfort and Calm: Designing Health Care Services for Excellence and Empathy” –deliver custom content programs onsite, a significant differentiator from typical executive education platforms.

Wallace’s work across the health care sector is wide-ranging and far-reaching. He is currently advising a leading hospital system in the U.S. mountain west to develop functional outcome measures of care. By using condition-specific outcome measures, the goals of patients and providers are more tightly aligned, with caregivers measured on aspects of their professional results rather than process compliance and hotel-like measures of patient satisfaction. Wallace also advised teams from 14 health care delivery organizations across northwestern Ontario, Canada to reorganize care delivery around patient needs. In a large midwestern U.S. hospital system, Wallace teamed with the senior leaders to teach and implement the use of the Experience Group research tool. Facilitators from the hospital system now work with medically-defined segments of patients to determine whether newly created care paths provide the services those patients need in order to attain their best health.

Prior to his University affiliations, Wallace was the first president and CEO of the National Alliance for Health Information Technology, an organization committed to creating a safer, more efficient and unified health care system through IT. He is the co-founder of the Certification Commission for Healthcare Information Technology, the leading health care IT certification body, and was appointed by President George W. Bush to chair the Commission on Systemic Interoperability – a Federal Commission created to advise the White House and Congress on health transformation through IT. Prior to his commitment to health care, Wallace was CEO of a successful specialty chemical company that grew 10-fold during his tenure. He began his career working in corporate law and venture capital.