• Understand the economic conditions that shape healthcare delivery and financing
  
  
• Explore key management issues that underlie effective and efficient healthcare delivery

This two-day Healthcare Economics module consists of a presentation of the theoretical framework of Healthcare Economics, specific examples, and a participant workshop. This course includes a prereading assignment which will be sent to participants several weeks before the course starts.

Who Should Attend Healthcare Economics

Physician, nurse leaders and senior administrative executives in health systems, hospitals, medical schools, group practices and other healthcare organizations will benefit from the business strategies and leadership development skills presented. Positions of attendees may include but are not limited to: CMO, Department/Division Chair or Chief, CEO, President, CFO, COO, or Department Administrator.

This 2-day module is part of the Healthcare Management Series, a Certificate Program for Clinicians and Senior Administrators, a comprehensive general management program, developed and presented by the Stephen M. Ross School of Business and the University of Michigan Medical School.

The Healthcare Management series is uniquely designed for managing healthcare organizations. Led by Michigan's world-class business and medical school faculty, best practices in both worlds are merged into this series of two-day seminars that will show you how to:

• Build successful coalitions of clinicians, administrators, and staff
• Increase organizational throughput
• Align the incentives of all the stakeholders
• Manage and create value across silos
• Recognize strategic opportunities
• Understand your customers
• Lead change

Healthcare Economics is part of the Healthcare Management Series, a Certificate Program for Clinicians and Senior Administrators presented in a modular format

The University of Michigan's schools of Business and Medicine collaborate to offer this unique management program for healthcare leaders in six two-day modules that make it easier for clinicians and senior administrators to fit into busy work schedules.

Complete five of the six modules and receive the University of Michigan Certificate in Healthcare Management, or take only the modules that interest you most.

DAY 1 lays the foundation for understanding the fundamental economic principles associated with clinical delivery, developing the underlying premise that health care is a high fixed cost industry. The basic elements of the management principles are explained, with a focus on the basics of cost accounting, operations management, and the impact that hospital contracting has on the institutional bottom line.

DAY 2 identifies core management issues facing healthcare providers. These include manpower shortages, the complexities associated with physician leadership, participation in strategic initiatives, and defining the "what's in it for me" elements of physician behavior. Specific issues in management and leadership relating to clinical delivery (ICU, ED, Operating Room Management) are developed.

The program fee includes tuition, instructional materials, continental breakfast, lunch, and coffee breaks each day. Fee is payable in advance in US dollars and is subject to change. See our Cancellation, Transfer and Substitution Policy.

If you need hotel accommodations, please contact us (+1.734.763.1000 or um.exec.ed@umich.edu) and a Customer Service representative will help coordinate your stay with one of our local partner hotels. Billing for accommodations and all hotel fees will need be arranged between you, your organization, and the hotel.