University adds business concentration to its healthcare management master’s degree program
Bay Path University has developed a new concentration in business as part of its healthcare management master’s degree program. Offered through Bay Path’s Graduate School of Education, Health and Human Sciences, the new concentration applies teaching from the university’s master’s in business administration program to the distinct organizational scenarios of the healthcare sector, in order to give students a comprehensive curriculum that addresses the rapidly evolving nature of healthcare management.
“While there are similarities between managing businesses and managing healthcare organizations, there’s a unique level of complexity in the healthcare sector,” explains Terry DeVito, Associate Professor and Graduate Program Coordinator in Healthcare Management at Bay Path. “Besides maintaining the financial stability of an organization, healthcare executives must lead broad teams of doctors, nurses and other medical specialists; oversee operations; stay apprised of constant technological and scientific advancement, abide by government policy and insurance regulations; and ultimately, tailor and deliver care to individual patients with unique needs, and often under unpredictable circumstances. Managing all of that, while being aware of and sensitive to legal and ethical issues, distinguishes healthcare from other industries.”
The 36-credit program will consist of 27 credits from the healthcare management program and 9 elective credits from the business program. The core courses in the concentration include Lean Six Sigma Methodology in Healthcare, an approach that applies data to the business cycle in order to optimize and stabilize business processes and designs.
“These additional courses expand upon Bay Path’s offerings to reflect current practice trends in healthcare and health science education,” says DeVito. “The program exemplifies our ongoing commitment to preparing students to excel in their careers, while meeting the demands of a growing workforce segment.”
The U.S. Bureau of Labor Statistics projected a growth of 32 percent from 2020 to 2030 in the employment of medical and health services managers, estimating about 51,800 openings for medical and health services managers each year, on average, over the decade.
Online information sessions are scheduled for January 12, February 10, and March 9. For more information, visit baypath.edu