LIU Hudson’s MBA Cohort for Healthcare Organizations: An In-demand Benefit That Retains, Recruits, and Upskills Healthcare Personnel
Healthcare professionals want an MBA to help them understand how the industry functions in today’s business environment and to help them move into leadership roles.
LIU Hudson offers healthcare organizations a customizable MBA with a concentration in Healthcare Sector Management. Organizations can sponsor a cohort that is exclusively for their employees or enroll employees in a broader cohort.
Healthcare organizations that have sponsored MBA cohorts at LIU Hudson have reported that the program enhanced their employees’ skills, increased retention, and improved recruitment.
Healthcare organizations receive:
Improved workforce knowledge and capabilities
Greater workforce retention
More committed employees with greater cross-functional networks
Healthcare employees receive:
Increased job satisfaction
Coveted MBA degree
What have healthcare students said about the program?
“I am able to apply what I learned and improve ways we operate as a medical practice.”
“The professor turned a subject that is stressful and difficult to understand into a wonderful experience.”
“Gave great insight into how intertwined medicine and IT are – which I was not completely aware of prior to this course.”
How does an online cohort work?
A group of students, often employees at a single organization, proceeds together through a set plan of study and earns a 39-credit MBA in just over two years.
Cohorts have three semesters per year and while students take two courses per semester, they have only one live, online class session per week so they can manage their jobs, studies, and lives.
Tuition can be paid by the sponsoring organization, students, or a combination of the two and may take advantage of a company’s existing tuition remission structure.
For sponsored cohorts, parts of the curriculum can be adapted to the organization’s needs based on a tailored needs assessment.
What is the curriculum and how does LIU Hudson partner with healthcare organizations?
HCM 710 Health Care Sector Organization
This course provides a comprehensive examination of healthcare organizations and systems. Students examine the healthcare sector from the standpoints of payers, providers and suppliers. New developments in the biotechnology, medical device, pharmaceutical, genomic, and healthcare information technology industries are reviewed, along with an introduction to the major healthcare legal issues and policy challenges that face managers in this sector, including adaptation to new federal policy initiatives in such areas as Medicare and Medicaid.
HCM 720 Health Care Sector Finance
This course focuses on the application of financial analysis to decision-making in the healthcare sector. The course will cover a range of topics reflecting the complexity of healthcare finance, such as revenue generation for healthcare institutions, departmental budgeting and monitoring, managed care contracting issues, collective bargaining agreements, financial reimbursement and fee-for-services methodologies, cash flow projections, cost accounting and financial reporting.
HCM 730 Health Care Sector Information Management
The goal of this course is to prepare students to manage and maximally utilize healthcare management information systems to accomplish their professional objectives. Students will understand the role information technology plays in a variety of healthcare processes. The course will address the use of a number of existing core databases, including financials, sales, and human resources. It will examine new information technologies that have been developed specifically for consumer directed healthcare, and other recent industry developments.
HCM 750 Advanced Seminar in Health Care Sector Management
The goal of this course is to deepen the managerial and analytical competencies needed to assess current regulatory, legal, organizational, and financial issues and to ensure that quality healthcare services are delivered to patients and other stakeholders. Based upon an understanding of contemporary healthcare organizations and the dynamic forces in the healthcare industry environment, this course emphasizes the healthcare executive's role in setting management strategy, building a strong management team, and empowering the employee workforce.
HCM 810 Health Care Sector Management Capstone
This course, taken in the final semester of the MBA Program, constitutes a practical application of principles learned in the Advanced Seminar (HSM 750). It involves completion of an individual study project in healthcare management based on a real-world problem in healthcare. Under faculty supervision, each student will select a current problem in healthcare -- typically within his/her current organization -- to examine in detail. Students will be expected to research the issue; draw upon previous coursework in management, organizational behavior, and financial analysis; produce practical strategies to resolve the problem and to implement workable solutions. Students will share progress on their respective projects in class meetings and a written report (in three parts) will be submitted by each as a final requirement for graduation. The pre-requisite of HCM 750 is required.
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