Overview: Pair your medical expertise with administrative skill and hold health-care facilities and departments to a standard of excellence. The Master of Business Administration for Health Care Professionals is designed for practicing nurses who understand the demands placed on those in the medical field. Learn the foundations of upper-level management, including how to effectively manage budgets, timelines, and diverse teams of professional staff. Whether your goal is to manage an entire facility, a specific clinical area, or a group medical practice, you will be able to adapt to the constant changes in health-care laws, regulations, and technology. Grow in knowledge and faith in our Christ-centered approach to education as we guide you in how to best translate what you’ve learned into a powerful tool for effective management. The Concordia School of Business does not require graduate students to take a GMAT, GRE or write a thesis, as part of their admission process. Instead a Capstone Course is required at the end of your program to prove your skill level. Area of Study Business Next Start Date Start Anytime Credits39 Cost/Credit$662 Total Cost$25,818 “ … CUW gave me the tools to not only succeed in my career, but also in life.” CUW Online student Goals / Objectives Ability to provide economic analysis of current health-care issues that lead to policy formation Understanding of the principles of risk management and insurance Skills to manage your facility’s finances, such as patient fees and billing, and communicate with members of the medical staff and department heads Preparation to represent your organization at investor meetings or on governing boards Ability to keep and organize records of the facility’s services Career Outlook Hospital Manager Clinical Manager Health Information Manager Assistant Administrator Nursing Home Administrator Want to see salary averages for your career? We've compiled national and regional salary information from the government and have paired it up with careers related to our programs. Check it out! National Career MBA in Health Care Administration for Health Care Practitioners Prerequisite. Speak with an admissions specialist for more info. Business Applications in Health Care Professions (MBA 813) - Credits: 3 Course Description This course provides the integration of management, marketing, statistics, economics, finance, and accounting concepts essential to the management and administration of healthcare organizations. Students will synthesize knowledge of theories and application that will serve as a basis for developing effective roles as health care administrators. Required Core (18 Credits) Leadership and Organizational Behavior (MBA 880) - Credits: 3 No course description at this time. Economics and Public Policy of Health Care (MBA 920) - Credits: 3 Course Description Economics and Public Policy of Health Care involves the economic analysis of current health care issues that lead to policy formation. Students will apply traditional economic concepts, such as demand, supply, production and investment, to analyze the health care sector of the economy and health policies. The course will include study of the influences on demand for health care, supply of health care, trends in managed care and rationale for government intervention including Medicare, Medicaid, and price regulation. International comparison and general considerations to guide health policy as well as ethical implications of policy decisions are included. Issues will be framed within a historical perspective with the intent of teaching students how to conceptualize and deal with future issues. Select one of the following: Human Resources Management (MBA 910) - Credits: 3 Course Description Human Resources Management is a study of the management and administrative issues related to group and individual performances and their effective contribution to the organizational objectives . Strategies for successful self-management, team building and delegation will be emphasized. Public Personnel Administration (MPA 868) - Credits: 3 Course Description Public Personnel Administration examines the issues surrounding the employment and the managing of human resources in the public sector. Select one of the following: Accounting: Financial Analysis for Decision Making (MBA 840) - Credits: 3 Course Description Accounting: Financial Analysis for Decision Making is the study of the interpretation and use of Accounting reports in decision making. Topics covered include financial statements, forecasting of financial performance/budgeting, cost-profit relationships, break-even analysis, and management planning and control. Undergraduate accounting prerequisite required. Budgeting in Public Agencies (MPA 835) - Credits: 3 Course Description Budgeting in Public Agencies addresses one of the most important and demanding aspects of government-the annual budget . A variety of different aspects of public budgeting are examined in an effort to introduce future public administrators to one of the largest challenges they will face. The development of the budget is affected by a number of factors, each of which must be identified and dealt with in order to prepare a comprehensive and effective budget. The political aspect of budget decisions and the ramifications of those decisions are extremely important as well. This course is designed to provide students in public administration with an introduction to budgeting in public agencies. Statutory Accounting (MBA 923) - Credits: 3 Course Description Statutory Accounting deals with the unique accounting system for insurance, pension, and institutional decisions. Select one of the following: Applied Statistical Methods (MBA 810) - Credits: 3 No course description at this time. Applied Statistical Methods (MBA 815) - Credits: 3 Course Description Applied Statistical Methods studies statistical methods used in business decision-making, including the use of both descriptive and inferential techniques, probability, regression, and research study designs . Application and integration of statistical methods in business-related fields is emphasized along with the use of computer analysis. Undergraduate statistics prerequisite required. Electives (choose 21 credits) Managerial Communication: Practices and Principles (MMC 820) - Credits: 3 Course Description Managerial Communication: Practices and Principles examines major approaches to management, focusing on theories of employee motivation, morale, resource management, communication networks, upward and downward messages, and superior-subordinate relationships. Diagnostic instruments are utilized in analyses and evaluation of managerial communication, identifying strengths and limitations. Focus is on setting behavioral goals for improving communication skills. Legal Aspects of Business (MBA 870) - Credits: 3 Course Description Legal Aspects of Business entails the study of the contemporary and legal issues facing managers and the development of practical skills for analyzing decision-making from both the legal and ethical standpoints. Issues will be studied from the position of managerial decision-making with an emphasis on the establishment of sound, well-grounded policies intended to prevent and resolve disputes. Health, Life and Social Insurance (MBA 924) - Credits: 3 Course Description Health, Life and Social Insurance investigates annuities, types of health and life coverages, employee benefits, and unemployment, disability, and old-age insurance. Special Topics in Health Care (MBA 985) - Credits: 3 Course Description Special Topics in Health Care offers students the opportunity to explore many of the issues that are confronted in health care today. Health care has been moving in the direction that finds the public and businesses more concerned with the costs, quality of life, and the increasing role of government leading to the beginning of the debates to resolve these issues. Small Business Management (MBA 855) - Credits: 3 Course Description Small Business Management studies the principles of management as applied to a small business with emphasis on the elements necessary to create a successful business operation. Development of a business plan will be culmination of the course. Loss Prevention (MBA 877) - Credits: 3 No course description at this time. Sustainable Business Practices (MBA 857) - Credits: 3 No course description at this time. Supply Chain Management (MBA 865) - Credits: 3 Course Description Supply Chain Management is the study of the integration of organizational strategies, policies, and programs across organizations) both the parent organization, supplier organizations, and sub-supplier organizations . This course examines supply chain management in both a domestic and global environment. Select at most 1 of the following: Risk Management and Insurance (MBA 922) - Credits: 3 Course Description Risk Management and Insurance is an introduction to the tools of insurance and risk management . Property, life, health, and liability insurance will be discussed. Risk Management: Theory and Practice (MBA 927) - Credits: 3 No course description at this time. Applying for "Health Care Administration for Practitioners (MBA Concentration)" at Concordia Online is quick and easy. Apply Online Now!