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$682 Total Cost$26,598 I want to thank you for always being so kind during my time at Concordia. You have been amazing and I appreciate your timeliness for all of my ‘urgent’ requests. Thank you! CUW Online ossa 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! NationalAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingGuamPuerto RicoVirgin Islands CareerMedical and Health Services Managers MBA in Health Care Administration for Health Care Practitioners Prerequisite: The following prerequisite course may be required and does not count towards the 39 credit minimum in the MBA program. This prerequisite course is necessary to adequately prepare a student for the MBA. It is expected that students will have basic knowledge in the content areas of management, marketing, statistics, economics, accounting, and finance prior to beginning the program. The course may be waived for students demonstrating competency through credit or professional experience. Please consult the MBA Program Director about waivers. Business Applications in Health Care Professions (MBA 513/813) - 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) Students complete six for a total of 18 credits Applied Statistical Methods (MBA 510/810) - Credits: 3 No course description at this time. Corporate Finance (MBA 530/830) - Credits: 3 Course Description Corporate Finance studies the function of finance and the flow of funds within the corporation. This course emphasizes financial analysis, decision-making, planning and controlling, capital acquisition and use, and strategic planning. Prerequisite: undergraduate finance or equivalent. Undergraduate finance prerequisite required. Accounting: Financial Analysis for Decision Making (MBA 540/840) - 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. Management Science and Analytics (MBA 569/869) - Credits: 3 Course Description Management Science and Analytics introduces techniques and methods used in business management to analyze and solve business problems. The course will also explore the reasoning behind the use of management science techniques. We will explore various practices from the field of management science that can be applied in spreadsheet models to help in the decision-analysis and decision making process. The course will also present techniques to assist managers with planning, organizing, leading and controlling projects. Economics and Public Policy of Health Care (MBA 620/920) - 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. Strategic Management (MBA 590/890) - Credits: 3 Course Description Capstone: Taken Last. Strategic Management incorporates utilization of a textbook, Capstone Foundation simulation, and other resources such as Internet and workplace materials. Undergraduate marketing prerequisite required. Select one of the following: Issues in Human Resources Management (MBA 610/910) - 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 Human Resource Administration (MPA 568/868) - Credits: 3 Course Description Public Human Resource Administration examines the issues surrounding the employment and the managing of human resources in the public sector. 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, Business 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: Long Term Health-Care, Ambulatory Care, Managed Care (MBA 685/985) - 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. Loss Prevention (MBA 577/877) - Credits: 3 No course description at this time. Sustainable Business Practices (MBA 557/857) - Credits: 3 Course Description An introduction to developing and implementing a successful program in the domain of sustainability and social responsibility. The student is introduced to methods of implementing technologies and practices and how to measure the consequent social and environmental performance. Reporting and presenting social and environmental performance is given full treatment. This class reveals the most widely used concepts of sustainability and social responsibility in the modern business organization. Likely to be the most important challenges of the 21stcentury, this overview addresses the essence of the emerging green economy. 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 one 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. Corp. Risk Management: Theory and Application–ARM 54 Certificate (MBA 627/927) - Credits: 3 No course description at this time. Select one of the following: Small Business Administration (MBA 555/855) - Credits: 3 Course Description The study of the principles of management as applied to a small business with emphasis on the elements necessary to create a successful business operation. This course lays out, in step-by-step fashion the knowledge and insights needed to lead and manage a small business. At the same time it focuses on a much broader concern—the pursuit of entrepreneurial dreams. New Venture Formation and Business Development (MBA 688/888) - Credits: 3 Course Description This course provides brief lectures on the process of writing a business plan, suited to a new venture (or acquiring a growing concern) that a student is interested in starting, as well as lectures on business development. Class is taught both as lecture and in regular mentoring sessions between the student and the faculty mentor(s) they are assigned, to guide them through the process of writing their own business plan. Weekly exercises are provided, with feedback given to the student each week to prepare them for the next step in the process, until a complete business plan is written. Students also gain an understanding of the business development process, associated with commercializing a product or service within a company. Applying for "Health Care Administration for Practitioners (MBA Concentration)" at Concordia Online is quick and easy. Apply Online Now!