INDIANAPOLIS — The only physician-only MBA program from a top-ranked business school launches new innovations to make the program more accessible to physicians across the country, while equipping physicians to become advocates for health care reform. The curriculum for training has also been strengthened.
For 10 years, the Indiana University Kelley School of Business' Physician MBA program has provided physicians across the country with the business and management skills they need to implement process, performance, policy and people solutions. These skills will help graduates take on leadership roles within healthcare to address systems that are often described as complex, dysfunctional, and broken. This includes many of the issues highlighted and exacerbated by the COVID-19 pandemic, such as poor financial performance and physician burnout.
Julie Manning Magid, associate dean of the Indianapolis Kelley School of Business, said, “American health care needs to become more efficient, and the path to efficiency is through physicians with MBAs.'' We believe.” “By earning a physician MBA, physicians emerge as leaders with a complete skill set to transform their individual facilities, broader medical fields, and most importantly, patient outcomes.”
Developed by Kelley faculty in collaboration with Physician MBA graduates, the program's changes provide greater flexibility, enhance the learning experience, and increase relevance in the dynamic healthcare business landscape. Highlights include:
- Flexibility: The program reduces in-person instruction to three days every three months to fit physicians' schedules and allows for effective applied learning with colleagues, industry experts, and healthcare leaders.
- Leadership opportunities: Throughout the program, four key hands-on, face-to-face intensive experiences are offered, including five days of leadership training. Individual process improvement projects focused on transforming healthcare delivery. and a practical capstone consulting project focused on solving medical challenges for student organizations.
- curriculum: Improved course integration enhances student learning. New course blocks have also been introduced to address the relationship between leadership, operations, marketing, finance, and strategy.
- Executive coaching: You will have access to an executive coach during the program. Growth coaching and strategic career planning are also available during the program and after graduation.
- communication: New and expanded courses on topics such as crisis communication, media interviews, and advanced persuasive techniques to strengthen physician leadership with strategies for communicating effectively in times of change, crisis, and opportunity.
Doctors say they earned MBAs to study the “business of medicine,” explaining that while they have deep medical knowledge, they do not have the business acumen needed to lead significant changes in health care. ing. The 21-month Dr. Kelly MBA is designed to help physicians apply new business knowledge and skills in real time, resulting in approximately half of our students being consistently promoted within his first year of the program. , has grown into an influential leader in a variety of healthcare organizations.
“The Dr. Kelly MBA stands out for its curriculum and the integration of physicians, distinguished business professors, and industry thought leaders all committed to transforming the way health care is delivered,” said Dr. Kelly, who teaches business law and health policy in the United States. Tamajid said. From the beginning of the program. “Our graduates leave the program with the tools to solve healthcare problems and impact the future of healthcare.”
The revised Physician MBA program will officially launch in fall 2024.
How IU is shaping the future of healthcare