2013 Featured Report
Featured Online Healthcare Management MBA Schools |
||
|---|---|---|
| 1. |
Walden University - Master of Business Administration (M.B.A.) - Healthcare Management
Core Courses
Specialization Courses
|
expand |
| 2. |
Colorado Technical University - Master of Business Administration - Health Care Management
Core Courses
Specialization Courses
|
expand |
| 3. |
Grand Canyon University - M.B.A. and M.S. in Nursing: Nursing Leadership in Health Care Systems (Bridge)
Core Courses
Specialization Courses
|
expand |
| 4. |
Liberty University Online - Master of Business Administration - Healthcare Management
Core Courses
Specialization Courses
|
expand |
| 5. |
Northeastern University - Master of Business Administration - Healthcare Management
Core Courses
Specialization Courses
|
expand |
| 6. |
Strayer University - Masters - Business Administration: Health Services Administration Concentration
Core Courses
Specialization Courses
|
expand |
| 7. |
Grand Canyon University - M.B.A. and M.S. in Nursing: Nursing Leadership in Health Care Systems (dual degree)
Core Courses
Specialization Courses
|
expand |
| 8. |
WGU Indiana - MBA - Healthcare Management
Core Courses
Specialization Courses
|
expand |
| 9. |
Western Governors University - MBA - Healthcare Management
Core Courses
|
expand |
| 10. |
Saint Leo University Online - Master of Business Administration: Health Care Management
Core Courses
Specialization Courses
|
expand |
| 11. |
University of Phoenix - Master of Business Administration - Health Care Management
Core Courses
Specialization Courses
|
expand |
| 12. |
University of Phoenix - Master of Science in Nursing/Master of Business Administration/Health Care Management
Core Courses
|
expand |
| 13. |
The George Washington University - Healthcare MBA
Core Courses
Specialization Courses
|
expand |
| 14. |
Jones International University - MBA in Health Care Management
Core Courses
Specialization Courses
|
expand |
| 15. |
Virginia College - Business Administration - Healthcare
Core Courses
Specialization Courses
|
expand |
| 16. |
Ashford University - MBA - Healthcare Administration
Core Courses
Specialization Courses
|
expand |
| 17. |
Walden University - Master of Business Administration (M.B.A.) - Healthcare System Improvement
Core Courses
Specialization Courses
|
expand |
| 18. |
California Intercontinental University - MBA - Healthcare Management and Leadership
Core Courses
Specialization Courses
|
expand |
| 19. |
Kaplan University - MBA - Health Care Management
Core Courses
Specialization Courses
|
expand |
| 20. |
American InterContinental University - MBA - Healthcare Management
Core Courses
Specialization Courses
|
expand |
| 21. |
Ashworth College - MBA Health Care
Core Courses
Specialization Courses
|
expand |
| 22. |
Grand Canyon University - M.B.A.: Health Systems Management
Core Courses
Specialization Courses
|
expand |
| 23. |
Brandman University - MBA in Business Administration - Health Risk Crisis Com
|
expand |
| 24. |
Florida Tech University Online - MBA/Healthcare Management
Core Courses
Specialization Courses
|
expand |
| View More | ||
The best healthcare management MBA online programs prepare students for management positions in both public healthcare facilities and private practices. A top online Master of Business Administration in Healthcare Management program achieves this by teaching invaluable critical thinking and leadership skills that can be applied towards the management of all medical personnel, including doctors, nurses and physicians. Accredited healthcare management MBA online degree programs also introduce students to the roles played by a variety of federal and non-governmental agencies involved in the healthcare industry. With this knowledge, graduates with an online Master of Business Administration in Healthcare Management will be able to manage large medical institutions financially while ensuring quality patient care.
Though students will not formally train in medicine, online MBA healthcare management programs will teach them how to create business relationships, oversee product supply chains and lead healthcare teams to create innovations in patient care. MBA healthcare management online programs also emphasize the use of case studies so students understand the historical progression of healthcare reform. This emphasis on lessons from the past helps online MBA in healthcare management graduates accurately assess risks and opportunities going forward.
Students with a background in human resource management, financial analysis or medical billing and coding should consider taking online MBA classes in a healthcare management program.
Other common characteristics in many online MBA healthcare management students include:
Earning a healthcare management MBA degree online is comparable to earning any other online MBA. It normally requires two years of full-time study to complete. However, students are able to complete the course in a more convenient manner at some colleges that have part-time or accelerated programs.
A bachelor’s degree is typically required before students can gain admission to online MBA healthcare management programs. While having an undergraduate degree in related fields including business administration, healthcare administration, business management, and health systems management may be ideal for those wanting to enroll in a good MBA healthcare management online program, it is generally not required.
The following criteria are also used by many online MBA in healthcare management programs in making admissions decisions including:
Most MBA online healthcare management degree programs are split into two parts, with the initial portion dedicated to building up a student’s basic business knowledge. The most common classes in this part of a program detail the finer aspects of marketing strategy, business policy, ethics, accounting and managerial economics.
In the second part of a program, most online healthcare management MBA schools give students the opportunity to apply their new business knowledge specifically to the healthcare industry. Students can expect to take courses in hospital administration, global health management, healthcare informatics and medical personnel organization before completing a final thesis project.
In addition to coursework, internships are also done by some students in online healthcare management MBA programs. Internships are beneficial. Through them, students not only make good business contacts, but they also get an opportunity to apply what they are learning in their classes.
Some books students interested in healthcare management MBA careers may find on point are:
1. Management Lessons from Mayo Clinic: Inside One of the World’s Most Admired Service Organizations (Leonard Berry and Kent Seltman) – This book examines the management strategy and patient care model of the famed Mayo Clinic in order to form guidelines for healthcare facilities everywhere.
2. Management of Healthcare Organizations: An Introduction (Peter C. Olden) – This is a useful book for students still researching healthcare management MBA schools online because it offers a good historical perspective on the medical industry and lays out pivotal skills that all great healthcare administrators possess.
3. Healthcare Finance: An Introduction to Accounting and Financial Management (Louis C. Gapenski) – This book covers the impact of taxes on for-profit healthcare providers and the intricacies of medical coding, offering valuable information on healthcare reform and its impact on medical financing.
4. Project Management for Healthcare Information Technology (Scott Coplan and David Masuda) – Caplan and Masuda have written a handy guide for students interested in new, innovative ways to use information technology in a healthcare environment.
5. Healthcare Information Management Systems: Cases, Strategies, and Solutions (Marion J. Ball) – A compilation of administrative case studies that show the current state of patient care technology while forecasting the future of healthcare science and management.
The healthcare industry is one of the biggest employers in the United States. According to the Bureau of Labor Statistics (BLS), there are an estimated 287,500 jobs for health service managers alone. Healthcare management MBA salary rates differ based on the details of the position, but here are several median salary figures for a handful of jobs in the profession:
Medical Supply Chain Managers: $122,690
Hospital Administrators: $112,000
Home Healthcare Service Managers: $85,860
Outpatient Center Managers: $92,860
The BLS reports that the employment of medical and health services managers is projected to increase 22% by 2020. This is largely due to the increased demand for medical care by an aging population. Much of this growth is expected to come from private practitioner offices as they become capable of performing more complex procedures due to the improvement of medical technology. In this environment, job applicants with accredited MBA degrees from schools with impressive online healthcare management MBA rankings will be best positioned to take advantage of employment opportunities.
Many employers favor graduates who have earned their degrees from a program that has been accredited by the Association to Advance Collegiate Schools of Business. AACSB accredited healthcare management MBA programs are believed to provide students with a quality education.