MBA-Healthcare

Respond to rapid and continuous change in the healthcare industry

Policy changes, mergers and acquisitions, and technological advancements within the healthcare industry necessitate innovative approaches to operations, financial management and patient care outcomes. Successful navigation of uncharted territories has perpetuated a need for highly skilled practitioners with a comprehensive view of the industry landscape. The MBA with a Specialization in Healthcare emphasizes essential business skills within a healthcare context to ensure healthcare products and services are delivered effectively and efficiently. 

Program not available in

On Site

Finish in 21 Months

Maximize the benefit of flexible 12-week courses.
 

100% Online Coursework

Balance earning your degree with other work-life commitments.

Contemporary Curriculum

Learn to apply business principles to daily decision-making in the dynamic healthcare industry. 

No GRE/GMAT Required

Get started right away with a cumulative undergraduate GPA of 2.75 or better.

Learn from the Best

Benefit from the experience of your instructors – highly qualified, in-field practitioners.

Be Your Own Boss

Gain business savvy necessary to launch your own practice.

MBA with a Specialization in Healthcare Degree Overview

Take a business-focused approach to emerging healthcare trends, policies and procedures

A popular choice for busy medical school students, Franklin’s MBA with a Specialization in Healthcare (MBA-Healthcare) incorporates contemporary healthcare industry-related topics into course assignments to help you acquire foundational business knowledge to guide day-to-day decision making from a healthcare administration perspective. 

The business tools gained through the MBA-Healthcare program will enable you to apply your existing health-related skills at a higher level, whether you are an aspiring physician with the goal of setting up your own healthcare practice, or you are currently working in a clinical healthcare setting or an ancillary industry such medical testing/research, pharmaceuticals, medical supply logistics, managed care or insurance. 

Master business concepts with hands-on coursework  

Throughout the nine-course program you’ll explore foundational areas of business through the healthcare lens to become a well-rounded professional with the skills and insight necessary to address the most-pressing issues facing the industry. 

Hands-on coursework will further develop your quantitative skills for practical application. Managerial economics focuses on analysis of datasets to strengthen your ability to determine the significance of variable factors. Managerial accounting and finance courses familiarize you with common financial documents like income statements, cash flow statements, annual reports and balance sheets.  

You’ll also utilize journal articles to investigate different forecasting methods, more advanced quantitative methods and other tools used for management so that you will be able to accurately assess the capital adequacy, solvency issues and cash flow requirements for a healthcare operation.

Balance your MBA-Healthcare with your life   

Earn you MBA-Healthcare by completing nine 12-week classes in as few as 21 months by taking two classes per term. Unlike cohort-based programs that lock you in to a pre-determined schedule, you can select courses in any order other than the introductory course and the capstone, which must be taken last. In addition, the introductory course is offered every term, so you can start the program at the best time for you.

To accommodate the needs of most students, who work or attend medical school full time, our convenient staggered course schedule gives you the freedom to complete the 100% online program at your own pace by taking one or two courses each term. 

Learn and thrive in a community of learners who share your goals

At Franklin, you’ll not only get the essential business tools necessary to improve the delivery of healthcare products and services, you’ll benefit from a learning community designed with you in mind.  

Chaired by an MD-MBA who also teaches full time in the program, the MBA-Healthcare is structured to provide a 360-degree learning environment that keeps you engaged. Case studies, simulations, discussion boards and input from faculty, as well as the other students in your online classroom, add depth to the course material. Individualized attention from faculty members, who are in-field practitioners, will drive you to succeed and provide you with a competitive advantage. Interaction with other students in the program, many of whom are currently attending medical school or working in the healthcare industry, increase your knowledge and extend your professional network. 

Moreover, you are encouraged to take advantage of student membership options in professional associations such as the American College of Healthcare Executives or the Healthcare Financial Management Association. These organizations provide opportunities for continuing education, professional networking and career advancement in healthcare administration. 

Read more >

Curriculum & Course Descriptions

36 Semester Hours
Course Sequence (36 hours)
MHC 500 - MBA Essentials Health Care (4)
This course prepares and orients students for the MBA Health Care Program. The MBA Health Care Program has eliminated the course prerequisites in business and uses this course to provide the basics of economics, finance, accounting, in addition to the general business essentials to be a successful student in the program. The course also provides the academic expectations for students and guidance for professional conduct.
MHC 502 - Managerial Economics - Health Care (4)
This course introduces different methods of analyzing and presenting economic information relevant to the development of general strategies for management. Theoretical concepts will be applied to various health care issue and policy implication. Theoretical topics for discussion include demand and supply analysis, production theory and cost analysis, an analysis of competitive strategies for different products or services within different market structures and game theory strategies.
MHC 503 - Mgmt Science & Operations - Health Care (4)
This course examines management science techniques used in modern health care organizations for assisting decision makers in today's complex and uncertain environment. Topics covered include linear and integer programming, decisions under uncertainty, simulation and game theory, and project planning and analysis tools. The course utilizes both mathematical model development and case studies related to the health care industry.
MHC 504 - Leadership & Org Behav. - Health Care Lead & Org Behav. - Hlth Car (4)
This course examines the human side of organizations. The role of manager within the corporate health care environment is examined to gain insight into those skills that facilitate leadership, organizational change and development, and managing human relationships for a health care manger to their subordinates.
MHC 505 - Managerial Acct - Health Care Managers (4)
This course focuses on developing those accounting tools which assist health care facilitators and management. Emphasis will be on interpreting capital budgeting of health care capital projects, cost derivation and measurement, product costing, cost systems and variance analysis, inventory valuation and control and capital expenditure analysis. The course emphasizes the interpretation of accounting reports and how these impart the day to day activity within a health care facility and family practice.
MHC 506 - Mkt Strategy for Health Care Org (4)
The course examines the marketing role within health care organizations. A managerial emphasis is utilized, focusing upon development of the organization's marketing policy and strategy, analysis and selection of markets to target, managing tactical response to a dynamic environment, and implementing the major elements of marketing policy. The course also analyzes marketing strategies for the non-profit health care facilities.
MHC 507 - Managerial Finance - Health Care Fac. (4)
This course examines the role of financial management in supporting and sustaining the functional areas of firms in health care related industries. Using cases and readings, students gain insight into the analysis of financial problems as well as the development of financial strategy for health care managers.
MHC 508 - International Health Care Ins Bus Model (4)
The course deals with a cross-cultural assessment of business practice and different insurance programs that focus on managerial implications, consumer behavior patterns, cultural values, negotiation styles, and the financial, legal, and political aspects of health care related issues. Cases and real world business problems and different health insurance systems will be used to gain decision-making insight into the different models of conducting global health care business.
MHC 600 - Business Strategy of Hlth Care Industry (4)
This course integrates prior studies and exposes future managers to the challenge of creating and sustaining competitive advantage within the health care marketplace, while maintaining sufficient profitability. Through extensive case studies students must utilize accumulated knowledge from their entire MBA Health Care program in order to successfully master the challenges presented in health care industry.

Microcredentials Align with Job Essentials

In today’s dynamic work environments, adaptive professionals thrive. A microcredential - either as a stand-alone course or integrated into your degree program - is a short, skill-specific recognition that enables you to demonstrate your competency in a distinct area. Like Franklin’s degree programs, microcredentials are aligned with market and industry demand to ensure what you learn can be put to use right away. Microcredentials are easily shared via digital badges and can be stacked to create a unique portfolio of in-demand skills.

fafsa_ebook_image_open_460x302.jpg

Free Master's Toolkit

Eliminate guesswork by comparing schools and calculate the ROI of a master’s degree.

Download Now >

MBA-Healthcare Program Requirements & Outcomes

Request Free Information!

Want to learn more about Franklin University? Complete the simple form - it just takes a minute!

  • Invest in yourself by finishing your degree.

  • Take classes online, on campus, or both.

  • Finish faster. Save more. Franklin fits your life.

  • Top employers hire Franklin grads to provide relevant industry knowledge.

Request Information

In submitting my contact information, I understand that I will receive phone calls, text messages and email about attending Franklin University. I may opt out of these communications at any time.

Your privacy is important to us. Privacy Policy

MBA-Healthcare Career Opportunities

Pharmacy/ Laboratory Operations Vice President

Operations vice presidents are responsible for ensuring efficiency of business operations while providing input for strategic decisions such as setting operational staffing levels in advance of new business and evolving technology. 

Health Services Director

Health services directors make business decisions and handle strategic planning while ensuring that the goals of the practitioners and the facility remain aligned with patient care standards and budget limitations.

Medical Director

Medical directors are physicians who lead the clinical staff in their use of medicine by establishing guidelines and evaluating results.  

Behavioral Health Executive

Behavior health executives create standards and guidelines relating to the treatment of patients with emotional, mental or psychological disorders. 

Clinical Director

Clinical directors oversee daily operations and employees in dental, mental health, surgical or pediatric facilities. 

Find the Healthcare Program That Fits Your Goals

If you’re interested advancing your healthcare career, Franklin has several great options. The best fit for you depends on your interests and goals. Compare programs and identify your perfect match.

icon_tiles/it-computer_cross-color Created with Sketch.
icon_tiles/it-computer_cross-white Created with Sketch.
MBA with a Specialization in Healthcare
icon_tiles/it-clipboard_cross-color Created with Sketch.
icon_tiles/it-clipboard_cross-white Created with Sketch.
Master of Healthcare Administration (MHA)

Focus:
Gain business principles with a focus on healthcare that will enable you to ensure that healthcare products and services are delivered effectively and efficiently. 

Skills:
Build qualitative skills to guide decisions related to the daily management of operations, supply chain and finance. 

Careers:
Use your MBA-Healthcare to successfully launch your own practice or manage administrative functions in a clinical healthcare setting or an ancillary industry.

How many courses are in the program?
Nine 12-week classes

How quickly can I complete the program?
21 months

Learn More >

Focus:
Grow your leadership and management skills in healthcare administration in order to build high performing teams and improve the effectiveness and efficiency of programs and services.  

Skills:
Deepen your understanding of health policy, risk management, as well as ever-changing legal, ethical and compliance issues. 

Careers:
Use your MHA to ensure public and private healthcare systems, hospitals and government/nonprofit organization are effectively serving individuals and communities.

How many courses are in the program?
Nine 6-week classes

How quickly can I complete the program?
14 months

Learn More >

MBA with a Specialization in Healthcare Frequently Asked Questions

Back to College Blog