As the fastest-growing industry in the U.S. economy with 18% of the nation’s Gross Domestic Product and 10 consecutive years of expansion, the health and social services sector is among the most complex and exciting industries in the country. And with the employment of medical and health services managers expected to continue to grow as well, clinical and non-clinical managers in the health sector will need specialized knowledge in order to stand apart—and to progress professionally. That’s why we created the flexible, part-time Fox Master of Health Administration (MHA). Designed for working healthcare professionals with three or more years of substantive work and supervisory experience, the Fox MHA is the only program of its kind in the Philadelphia region. It’s not an MBA: it’s the health sector-specific leadership expertise employers told us they’re looking for in the next generation of leaders.
The Fox Master of Health Administration is ideal for:
- Mid-level health sector managers who are highly experienced in their functional roles and require a graduate education in order to advance
- Physicians and nurse managers who possess the potential to become clinical leaders but lack formal management training
- Consultants who need healthcare-specific industry knowledge
- Healthcare professionals identified by their senior managers as up-and-comers with the potential to develop into leadership roles
Employers Spoke. We Listened.
The Fox School surveyed 300+ leaders at top organizations to determine what tomorrow's business leaders need to succeed. Here are the employer-identified competencies woven throughout the Fox MHA:
Business Acumen Competencies
- Opportunity Realization – Identify and evaluate opportunities given the dynamic business environment.
- Implementation Management – Optimize the systems, processes, and people required to execute business objectives and strategies.
- Business Reasoning – Utilize various research and analytic tools to generate and apply relevant knowledge to enhance business judgment in changing environments.
- Financial Acuity - Apply financial analysis and modeling to facilitate diagnosis and decision-making.
- Influential Communication – Understand the variety of communication practices needed to facilitate effective decision-making.
- Team Leadership – Learn an array of processes suitable for developing and managing high performing teams that produce desirable outcomes in a variety of business settings.
- Cross-Cultural Effectiveness – Demonstrate the ability to develop strategy and manage business operations effectively in global, regional, and organizational cultures.
- Ethical Management – Discern the needs and interests of various stakeholders of a business organization and integrate long-term ethical considerations.
Certificate OpportunitiesThe Fox School of Business offers options for healthcare professionals interested in expanding their knowledge without committing to the pursuit of a master’s degree. These 9-12 credit certificates may be accessed without standardized tests such as the GRE or GMAT exams. Students who successfully complete a qualifying Fox graduate certificate may matriculate into the MHA program at a later date with credit for their certificate coursework. Please click here to apply now or for more information.
|Accounting for Managerial and Investment Analysis
Gain insight into the concepts of financial and managerial accounting with a "user" (investor or manager) orientation through this course’s three parts. The first part of the course provides understanding of the accounting cycle and the reporting process, with an emphasis on the valuation bases and structure of the financial statements. The second part focuses on the interpretation and analyses of the financial statements, including analyses of cash flows and cross-sectional and time-series trends in financial ratio, and examines the role of managerial accounting choices in determining the nature of financial reporting and quality of earnings. The third part of the course explores the role of accounting information for managerial planning and control. Costing for inventory and pricing, cost-volume-profit analyses, and budgeting issues will be covered.
|Health Systems Organization and Development
Learn about the "physiology and fluid mechanics" of national, regional, and local delivery systems through this course, which describes and analyzes the flow of funds and the resulting patterns of use, expenditure, and health outcomes in these systems. Basic epidemiological concepts and their application to population-based health management will also be introduced. Current regional data, live case presentations, and guest lecturers will be used where appropriate to translate abstract concepts into vivid concrete realities.
|Advanced Health Economics & Finance|
|Financial Management of Healthcare Organizations
Develop an understanding of current practices in financial management of healthcare operations, including the development of operational and capital budgets, business plans, and methods for measuring financial performance and assessing the impact of alternative contractual arrangements with third-party payers. Live cases studies will be used and will deal with issues related to practice acquisition and the financial insolvency of health plans and delivery systems.
|Healthcare Organizations Leadership & Strategy
Review organizational and management theory and how these principles apply to health services organizations. Explore how current trends in healthcare organizational structure will affect future performance, quality, and inter-organizational relations; the values and principles of health management as a profession; and the responsibility of health systems for the health of populations as well as the provision of high-quality clinical services. In addition to a textbook, this course utilizes information from current management publications, guest lecturers, live and published case analyses that provide important insight into the workings of health services organizations, and the personal experiences of the instructor and class participants.
Study human behavior in organizations and the means through which managers can influence that behavior, and specifically consider key situations where the effective exercise of leadership can materially contribute to the achievement of strategic organizational objectives. The leadership process will be considered within a business environment increasingly characterized by global competition, economic turmoil, rapid technological change, and shifting labor market dynamics. This course places emphasis on identifying and developing the personal skills and perspectives necessary to establish and maintain a leadership position (e.g., self-awareness and abilities in such areas as communication, decision-making, problem-solving and behavioral management).
|Law and Ethics|
|Managing Risk or Health Risk
Managing Risk: Risk Management requires the firm to identify opportunities for gain and exposures to unexpected loss. The firm must then assess the potential consequences, and plan to finance the consequences of the adverse event if it happens. In this course, you’ll gain an introduction to the risk management process in the context of general corporate management. Review each step in detail, including setting the risk management context, identification of risk, measurement and analysis of potential impact, and appropriate treatment techniques. Discuss risk financing options in the context of global insurance and alternative capital markets. While the risk management process encompasses all types of risks, this course focuses identification discussion on the class of risks known as “pure risk” events (those that pose the threat of a loss if they happen, but no possibility of a gain).
Health Risk: Explore special characteristics of risk management in healthcare institutions and/or agencies; health insurance as both a benefit for patients and a revenue source for providers; and health economics on a macro level as related to the aforementioned.
|Work one-on-one with a program representative to develop the elective path that suits your interests and goals. See sample specialization opportunities and elective courses:|
Quantitative Methods for Business
Business Strategy in a Global Environment
Creative Problem Solving
Management Consulting: Principles and Practice
|Human Resource Management
Human Resources Management Strategies
Biostatistics OR Quantitative Methods for Business
|Additional Elective Options
Employer Partnership OpportunitiesThe Healthcare Management team at the Fox School of Business is happy to partner with your health system to provide a range of custom-fit learning solutions for your organization. Please contact us to learn more about partnership opportunities. Prospective students may wish to check with the human resources department within their organizations for available tuition reimbursement benefits.
Applications will be reviewed as they are received and may be considered after the deadline on a case-by-case basis.