The Business of Health Care
U-M Health System leadership benefits from executive development
Learning the principles of business as they apply to health care delivery
and education is not limited to students at the U-M. Thirty-nine of the top
executives from the hospitals, Medical School and M-CARE are attending a 10-month
program at the new Health Care Leadership Institute to advance their skills
in health care management and leadership in order to improve the way medicine
is practiced and taught in the University of Michigan Health System.
The Institute was designed and developed by the U-M School of Business Administration’s
Executive Education Center in collaboration with the Medical School. According
to Business Week, the Executive Education Center is ranked among the top two
executive education programs in the world. The U-M School of Public Health
is also a program contributor.
Because each participant at the Health Care Leadership Institute is part of
the same overall organization, the Institute provides a unique opportunity
to create a shared vision, vocabulary and understanding of the business of
medicine at Michigan. “We have leaders from all parts of the organization — department
chairs, administrators, Medical School deans, and leaders in the hospitals,
M-CARE and faculty group practice — and we’re learning together,
discussing management concepts and their practical applications to the way
we operate as an organization,” says Dean Allen Lichter. “The Institute
allows us to cross boundaries and sit together as a health system leadership
team.”
The innovative program is an active, multi-disciplinary learning experience
in which participants analyze and recommend solutions to current U-M Health
System leadership or management issues. Participants learn and apply concepts
and tools in the areas of strategy, financial and change management, marketing
strategy and positioning, operations management, information and business process,
research and development, innovation, negotiation and decision-making, and
strategic human resource management.
—MBR
Also:
Doctor of Medicine, Master of Business
The Business of Health Care
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