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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

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