What are Some Good Types of Internships for MBA in Healthcare Management Students?

If you are currently in the process of studying healthcare management as your MBA concentration, there are a wide variety of internships you should consider. There are plentiful internship opportunities available at a wide variety of healthcare organizations. As a prospective MBA graduate, you are in great luck because with the recent passage of Obamacare, there is a huge demand for healthcare management professionals. Here is a comprehensive overview of a variety of places you should consider when looking for MBA in Healthcare Management internships.

Hospitals Offer the Most MBA in Healthcare Management Internships

Obviously the first place that most people consider for an internship in healthcare management is a hospital. There are different types of hospitals such as: trauma centers, acute care facilities, children’s hospitals, and university-affiliated research hospitals. Many cities and states also have their own hospital systems that provide care to patients who may not be able to afford comprehensive healthcare insurance. Many of these public hospital systems are located in large urban metropolitan areas or under-served rural communities. There are a wide variety of internship opportunities offered to MBAs such as working in records management, information technology, finance, strategic planning, procurement, logistics and marketing.

Long-Term Treatment Centers

A long-term treatment facility will often specialize in helping patients recover from some sort of long-term illness or disability. This could be a rehabilitation center for individuals who suffer from neuromuscular conditions and need intense physical therapy and other forms of treatment, cancer treatment center as well as drug addiction centers. There is a huge demand for MBA professionals to help these treatment facilities in the areas of accounting, marketing, finance, sales and human resources.

Private Medical Offices

Another area where you can possibly look for great internship opportunities would be small to medium sized private medical offices. Often these medical facilities would be a group of doctors that offer an array of specialized medicine services such as endocrinology, OB/GYN, cancer treatment, physical therapy, etc. Many of these offices rely heavily on highly educated, business-oriented administrative staff to put in place excellent records management systems, accounting systems and other financial systems that ensure sustainability of the practice.

Insurance Companies

Another lucrative internship possibility to consider is working for an insurance company. There are a wide variety of internship opportunities available for healthcare management MBAs such as working in sales and marketing, customer servive, business development, claims and operations. Many insurance companies now are fervently hiring health and wellness professionals, so if you have a background in health coaching, diatetics or fitness, this could further strengthen your chances to land an internship with an insurance company.

In the end, there are still a lot of places that offer medical services that need the expertise of MBAs in order to run smooth and profitable medical business operations. Doctors and other allied healthcare professionals want little to nothing to do with the back-end administrative operations of their business and rely on a host of administrative staff such as accountants, marketing consultants, information technology specialists and finance professionals. Find your niche and make your mark!

Further Reading: Health Care: Rx for MBA Job Blues