BOSTON, Aug. 18, 2015 /PRNewswire/ -- Harvard Business School (HBS) today announced its upcoming portfolio of healthcare focused Executive Education programs. Hosted on the HBS campus in Boston, the three course offerings are Managing Health Care Delivery (MHCD), Value Measurement for Health Care (VMHC) and Business Innovations in Global Health Care (BIG).
These leadership development programs will examine breakthrough health care business innovations, the fundamentals of building and leading competitive organizations, and best practices for minimizing costs while improving patient care. Through these programs, executives will explore new approaches for improving patient value and service by examining some of the world's leading health care business models.
"The complex challenges of today's health care market require a new kind of leader," said Das Narayandas, Senior Associate Dean and Chair of Executive Education and Harvard Business Publishing. "This portfolio connects top global health care leaders with renowned faculty and new case study material to examine leading-edge developments in health care business models, efficient and effective management and improved value measurement. Our focus is to promote a dialogue that allows participants to bring the highest quality of care and increased value to patients around the world."
"The HBS Healthcare Initiative works to connect the entire HBS community to leading research on the entirety of the health care industry value chain, from analyzing how political and economic factors are impacting costs, to identifying best practices in organizational management," said Robert S. Huckman, Albert J. Weatherhead III Professor of Business Administration and faculty co-chair of the HBS Healthcare Initiative. "As part of the initiative, this portfolio of programs works to prepare executives to lead through the next generation of challenges and opportunities within the health care industry."
Managing Health Care Delivery (October 2015–May 2016)
Scheduled in three one-week modules over a nine-month period, MHCD is designed for executives of large, established health care delivery organizations with at least 10 years of experience in clinical or nonclinical roles. MHCD's three modules, along with intersession projects, will enable participants to gain the necessary skills to design and lead a competitive organization, manage a high-performance team and foster innovation.
"Our goal is to give mid-career executives the necessary tools to understand how the principles of general management apply to complex health care delivery organizations," said Robert S. Huckman, Albert J. Weatherhead III Professor of Business Administration and faculty chair of MHCD. "By examining approaches to running more efficient organizations, improving services, and enhancing the value of patient care, we're helping to build the next generation of health care leader."
Value Measurement for Health Care (December 14–16, 2015)
Value Measurement for Health Care (VMHC) will focus on effective methods for reducing expenses and improving value for patients through better measurement of health care delivery costs. This leadership development course is designed for senior clinical leaders and top financial executives at large, established health care delivery organizations. Participants will examine methods for reorganizing care, modifying processes, reducing costs without sacrificing outcomes and implementing new reimbursement approaches.
"A fundamental challenge in measuring health care costs is that governments, providers and consumers disagree on the definition of cost," said Robert S. Kaplan, Senior Fellow, Marvin Bower Professor of Leadership Development, Emeritus and faculty cochair of VMHC. "We simplify this definition by focusing on the patient as the unit of cost analysis. By mapping out the administrative and clinical processes that a patient goes through, identifying the resources used for patient care, and measuring the costs of those resources, we are able to get a comprehensive view of a complete cycle of care."
"We focus cost analysis on sets of patients with the same medical condition, which allows us to measure the cost of treating a condition, rather than the cost of a particular treatment or service," said Michael E. Porter, Bishop William Lawrence University Professor and faculty cochair of VMHC. "This, in turn, enables us to compare costs with outcomes and begin to measure value in a new way, strategically improving patient care while controlling costs. Many people feel that the health care cost problem is beyond our control, but it isn't. We can actually solve this problem."
Business Innovations in Global Health Care (June 22-25, 2016)
Featuring new case studies, this program evaluates global health care ventures and the challenges they face as demand rises for improved quality, cost control and access. The program examines ventures that are leading innovation in health care delivery, insurance, life sciences and information technology, while navigating the regulatory, cultural and political challenges of today's global health care environment. This leadership development program is designed for executives of large, established health care organizations, government agencies, and health care management, consulting and investing firms.
"Today, there is no healthcare system, whether in the developed or the emerging markets, that is exempt from cost, quality and coverage challenges so serious as to threaten its very viability," said Michael Chu, Senior Lecturer of Business Administration and faculty cochair of BIG. "As people react to this global reality, we are seeing major innovations coming from all over the world. We provide a forum where health leaders can be exposed to models outside their usual frame of reference so that their minds will be refreshed by these novel ideas when they return to the demands of their daily work."
"There are three kinds of innovations that can improve care and reduce cost: consumer-focused innovations, new technologies and more efficient business models," said Regina E. Herzlinger, Nancy R. McPherson Professor of Business Administration and faculty cochair of BIG. "By taking a closer look at these innovations, and the forces that can help or hinder them, we're able to analyze the costs and benefits of different approaches for growth in the global health care landscape."
As with other HBS Executive Education offerings, all three programs in the 2015 Health Care portfolio will rely on research from leading HBS faculty, discussions with industry peers and learnings from real-world case studies from successful global companies.
Managing Health Care Delivery will run October 2015–May 2016 in Boston. Please visit http://www.exed.hbs.edu/programs/mhcd/ for complete curriculum details and to apply.
Value Measurement for Health Care will run December 14–16, 2015 in Boston. Please visit http://www.exed.hbs.edu/programs/vmhc/ for complete curriculum details and to apply.
Business Innovations in Global Health Care will run June 22–25, 2016 in Boston. Please visit www.exed.hbs.edu/programs/big/ for complete curriculum details and to apply.
Please note that faculty for all programs listed are subject to change.
About Harvard Business School:
Harvard Business School Executive Education, a division of Harvard Business School, is located on a 40-acre campus in Boston, Massachusetts. In fiscal year 2014, HBS faculty developed and delivered 79 open-enrollment Executive Education programs and more than 50 custom clients for leading organizations worldwide. More than 10,000 business executives attended programs held on campus in Boston as well as classrooms in Mumbai, and Shanghai. With global research centers in eight key regions, HBS faculty continue to develop groundbreaking research, forge powerful alliances with global organizations, and fulfill the mission of educating leaders who shape the practice of business and innovation. Learn more at www.exed.hbs.edu.
SOURCE Harvard Business School