Explore Options; Plan Your MBA Academic Program
Explore Options; Plan Your MBA Academic Program
Explore Options; Plan Your MBA Academic Program
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Please note: Before scheduling classes, check with the department<br />
to determine the availability of courses for the upcoming<br />
semester or visit the Health Care Management website at:<br />
.<br />
The Health Care Management major builds on the established<br />
strength of the management core to provide expertise in the<br />
unique elements and issues of the health care industry . The<br />
manager’s role in health care organizations continues to grow<br />
in importance, as the rapidly changing health care industry becomes<br />
the nation’s second largest employer . A Wharton health<br />
care major is unusually well-qualified to respond to the many<br />
critical problems now faced by hospitals, government agencies,<br />
group practices, pharmaceutical and biotechnology firms, insurance<br />
and managed care organizations, and consulting firms .<br />
Health Care majors draw on a rich variety of elective<br />
courses across the university, including courses in the behavioral<br />
and applied social sciences, biomedical sciences, and social<br />
policy . They also benefit from an interdisciplinary faculty based<br />
in the business, medical, and nursing schools, together with<br />
adjunct faculty from area health and science organizations . The<br />
program is closely associated with the Leonard Davis Institute<br />
of Health Economics (LDI), founded in 1967 to facilitate the<br />
university’s activities and programs of research and education in<br />
health services financing and delivery . LDI provides a geographic<br />
center and supporting staff, with faculty drawn from schools<br />
and departments throughout the university .<br />
The Health Care Management major differs from others<br />
at Wharton in that: (1) students must choose the major at the<br />
time of application to Wharton, and (2) it integrates academic<br />
and professional development, helping students to obtain summer<br />
and permanent positions in all parts of the health care<br />
sector, including consulting firms, biotechnology, pharmaceutical<br />
firms, hospitals, insurers, and government agencies . The<br />
department also sponsors a mentor program and links students<br />
to the Wharton Health Care Alumni Association . Most students<br />
in health care-related dual degree programs complete the<br />
Health Care Management major . The MD/<strong>MBA</strong>, MB/<strong>MBA</strong>,<br />
and MSN/<strong>MBA</strong> are the most common dual degree programs,<br />
among several other options .<br />
Requirements for the Major<br />
The major requires five credit units . Courses taken on a<br />
pass/fail basis cannot be counted toward the Health Care<br />
Management Major.<br />
a) Two required courses (2 cu):<br />
HCMG 841 The Health Services System<br />
HCMG 653 Health Care Field Application Project<br />
36<br />
Health Care<br />
Management<br />
b) Three full credit units selected from the following:<br />
HCMG 845 Managed Care and the Industrial<br />
Organization of Health Care<br />
HCMG 849 Financial Management of Health<br />
Institutions<br />
HCMG 850x Health Policy: Health Care Reform and<br />
The Future of the American Health<br />
Care System<br />
HCMG 852 Health Care Services Delivery:<br />
A Managerial Economic Approach<br />
HCMG 854 Legal Aspects of Health Care<br />
HCMG 855 Management of Health Care for the<br />
Elderly ( .5 – 1 cu)<br />
HCMG 858 Health Care Marketing ( .5 cu)<br />
HCMG 859 Comparative Health Care Systems<br />
HCMG 863 Management & Economics of<br />
Pharmaceutical, Biotechnology, &<br />
Medical Device Industries<br />
HCMG 866 E-Health: Business Models and Impact<br />
HCMG 867 Health Care Entrepreneurship ( .5 cu)<br />
HCMG 868 Private Sector Development in Global<br />
Health Development ( .5 cu)<br />
HCMG 890-001 Advanced Study Project Seminar:<br />
Management of Health Service Businesses<br />
HCMG 890-002 Advanced Study Project Seminar:<br />
Medical Devices<br />
HCMG 899 Independent Study<br />
<strong>MBA</strong> Advisor: June Kinney (telephone: 215 .898 .6861;<br />
email:kinneyj@wharton .upenn .edu)<br />
COURSE DESCRIPTIONS<br />
HCMG 653<br />
Health Care Management<br />
Description: This course focuses on leadership and management<br />
issues in health care organizations while providing students<br />
with a practice setting to examine and develop their own<br />
management skills . Each team acts as a consultant to a local<br />
healthcare organization which has submitted a project proposal<br />
to the course . The teams define the issue and negotiate a contract<br />
with the client organization . By the end of the semester,<br />
teams present assessments and recommendations for action to<br />
their clients and share their experience with the class in a series<br />
of workshops and cross-team consultations .<br />
Format: Seminar and workshop, a written and oral presentation<br />
of the team management study and an individual paper .<br />
Prerequisites: HCMG 841 . Health Care Management <strong>MBA</strong><br />
students only .<br />
HCMG 841<br />
Health Services System<br />
Description: This course provides an overview of the evolution,<br />
structure and current issues in the health care system . It<br />
examines the unique features of health care as a product, and