MBA in Healthcare Management courses are offered by many schools for those with talents and interests in healthcare administration. Schools that already have excellent business degree and nursing programs are merging the professions to prepare the next generation of healthcare decision makers.
Details of MBA in Healthcare Management Courses
The curriculum presented in MBA in Healthcare Management degree programs, which varies by school, is what makes the degree valuable. Five popular courses within this discipline are listed below.
Healthcare Policy Analysis
MBA in Healthcare Management degree programs often include the standard business classes that are associated with an MBA along with specialized electives pertaining to various areas of healthcare management. The Healthcare Policy Analysis course, which was developed by the faculty of George Washington University, is an example of such an elective. This course allows students to explore the policies and politics that govern the healthcare sector. Relevant issues surrounding the current and projected future environment of healthcare are frequent topics of classroom discussion.
Financial Management of Health Institutions
This course takes students through the rigors of financial management of various healthcare organizations. It allows them to go through the process of helping medical companies price newly developed products. The net present value of medical products are also determined using standard business principles. Student projects include the valuation of medical organizations based upon data mined from publicly available sources. This course is unique in that it prepares students to think critically about problems and to make decisions based upon factual, quantitative analysis.
Healthcare Field Application Project
Many times students learn better by doing hands on projects. The Healthcare Field Application Project is one example of MBA in Healthcare Management Courses that allow students at the University of Pennsylvania’s Wharton School of Business to do just that. This course introduces student teams to local healthcare organizations with real life issues. Each team must work with the healthcare organization as a consultant in order to conduct an analysis of issues and negotiate a contract to solve the challenges identified by the team. The prerequisite for this course is that one has to be enrolled in the MBA in Healthcare Management program and have taken an overview course on healthcare systems.
Comparative Healthcare Systems
Most of the MBA in Healthcare Management courses concentrate on the national healthcare system. This course compares the national healthcare system to a selected group of international healthcare systems. The focus is on private and public sector financing, reimbursement, and insurance within the healthcare systems of developed nations like Germany and the U.K. Developing nations with unique healthcare system policies also fuel the discussions of these future global healthcare leaders.
Ageing and Disability: Needs and Services
As medical technology improves, new ways are found to prolong the length of life among the population as a whole. This fact has made the care of the elderly and disabled an even more pressing issue than it previously was a few generations ago. The faculty of George Washington University draws on expertise from social psychology and other behavioral sciences to address the prominent issues related to the ageing population and the disabled for its MBA in Healthcare Management courses.
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