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Eberhardt MBA in Healthcare ManagementUniversity of the Pacific

Presenter:Chris Lozano

Director of Recruitmentgo.pacific.edu/mba go.pacific.edu/sacmba

Welcome to the MBA Information Session Healthcare Trends and New

Research on Degree Preferences (MHA vs MBA vs MPH)

Focus on Healthcare MBA at Pacific LinkedIn Use for Research on Career

Pathways HAMPCAS and Admission Criteria MBA Costs and Financial Assistance Questions & Answers

Impact of Affordable Care Act Healthcare spending growth will

accelerate for several years

Greatest growth will occur in: Physician Services Pharmacy Services Management Services

A Changing Environment for Medical and Health Service Managers,

Directors & Chief Officers “As healthcare changes, medical and health services managers

must be able to adapt to changes in laws, regulations, and technology.” - Occupational Outlook Handbook 2012

Medical and health services managers typically do the following: Work to improve efficiency and quality in delivering healthcare

services Keep up to date on new laws and regulations to aid in compliance Manage finances of the facility, such as patient fees and billing Create work schedules Represent the facility at investor meetings or on governing

boards Keep and organize records of the facility’s services, such as the

number of inpatient beds used Communicate with members of the medical staff and department

heads

ACHE Healthcare Executive Survey Research

Study Builds Upon Dr. Hilsenrath’s earlier research on healthcare education settings and appropriate curriculum. Key Findings and Conclusions: Distinction between MHA and MBA is not well defined.

Great deal of differentiation among programs Growing recognition of MBA in HC Management due to need for

Leadership, Operational, Management Skills and Creativity Generally, MHA preferred over MBA in HC Mgmt. which is preferred

over Gen. Mgmt. MBA (See source below for original research- Table 3 p352)

More than ¾ of survey respondents indicated they would choose a career in healthcare management again

Bottom line: There is not a “one-size” education fits all, it really depends on your goals.

Source: Broom, K., Hilsenrath, P. (2015). ACHE Member Survey: Perspectives on Graduate Health Management Education, Journal of Health Administration Education, 32 (3): 341-358.

Why MBA? Practical leadership and management skills

“Still in very scarce supply” (Harvard Business Review, 2014)

Access to learning community and alumni network

GMAC 2014 MBA graduate survey: 92% say MBA prepared them for leadership

positions 88% say MBA prepared them for their career 82% say MBA prepared them to manage

work/life balance 71% say MBA allowed them to achieve an

otherwise unattainable career outcome (GMAC, 2014)

Professionally, financially, and personally rewarding

Broadly applicable

Early Advantage 16-Month MBA Prerequisites

Microeconomics – Econ 103* at Chico State Macroeconomics – Econ 102* at Chico State Probability and Statistics – Math 105 or 108* at Chico

State Business or General Calculus – Math120* at Chico State Completion of a Bachelor’s Degree (U.S. or equivalent) Suggested electives (based on space in your schedule)

*AP units or equivalent course are also acceptable

MBA Program Healthcare TrackPossible Elective Courses: Marketing of Services Health Finance/Health Insurance International Healthcare Systems Healthcare Law Health Economics Health Services Management Healthcare Information Systems

First Term: Applied Business Principles- 16 month MBA

Week

0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

16

MODULES - 17 Units Total

MBA

Orientation

Mgmt. Info. SystemsMW 4:00-6:30 pm

Integrated

Presentations

MarketingTR 3:30-6:00 pm

Managerial Economics MW 4:00-6:30 pm

Accounting for Managers MW 12:30-3:00 pm

FinanceMW 12:30-3:00 pm

Data and DecisionsTR 12:30-3:30 pm

Mgmt. & Org. BehaviorTR 12:30-3:00 pm

Career DevelopmentT 10:00-11:30 am

Associate Dean’s Seminar T 6:30-8:30 pm

Final Year Academic Calendar- 16-month MBA

Spring Term15 units

May-Jun3 units

Jun-Aug Fall Term16 units

Corporate Finance Leadership

Global Marketing

Global Business Competition

Required MBA Internship

Corporate Responsibility

Entrepreneurial Management Negotiation

Quality & Productivity

Strategic Management

Healthcare Elective

2 Healthcare Electives

International Experience for Early Advantage

Each year, the Global Business Competition course travels abroad for a two-week period of intensive instruction.

2009 - Panama and Costa Rica

2010 - London, England

2011 - Istanbul, Turkey

2012 - Shanghai and Beijing

2013 - Shanghai and Hong Kong

2014 - Istanbul & Izmir, Turkey

2015 - Toulouse, France

2016 – Paris, Dijon and La Havre

1998 - Chile

1999 - Spain

2000 - Ireland

2001 - U.K. and France

2002 - Estonia and Finland

2003 to 2005 - E.M. Lyon

2006 & 2007 - Taipei, Taiwan

2008 – Taiwan and Hong Kong

Career Management Services for MBAs

Individual Career Management Planning with dedicated career professionals

MBA Career Development Course* Required MBA Internship* Focus on mastering critical tactical skills

necessary for career success and to manage your career

*Not required for PharmD/MBA students

Sacramento Part-time MBA 2 years Traditional semester format 2 classes at a time 2 nights per week

Typically Tuesdays and Thursdays 6:00pm – 9:00pm

Cohort model 36 total units

Part-time MBA CurriculumGeneral Management Track Leading and Managing

Organizations Accounting for Managers Innovation and

Entrepreneurial Management

Decision Making and Analytics

Financial Management Marketing Power, Conflict, and

Negotiations Service Design and

Operations Strategic Management 3 electives

Healthcare Management Track Leading and Managing

Organizations Accounting for Managers Health Services

Management Decision Making and

Analytics Health Insurance and

Finance Marketing Power, Conflict, and

Negotiations Service Design and

Operations Strategic Management 3 healthcare electives

LinkedIn: Great Resource for Pacific Eberhardt Network

Other interesting profiles: Christine Ahn ’11 PharmD/MBA- Lean Specialist at UCLA Health; Chad

Mundy ’99 BBA, ’01 BSLTC, ’06 MBA - Executive Director at San Joaquin Community hospital; and Frank Patmon ’13 BA, ‘14 MBA- Market Strategy Data Analyst

Christine Nguyen ’10 PharmD/MBA

Vice President, Trade Relations at EnvisionRx Options EnvisionRx is a Pharmacy Benefits Management (PBM)

Company EnvisionRx was recently acquired by RiteAid and recently

acquired MedTrak Christine’s Key Responsibilities:

Manages manufacturer contracts and rebate administration operations

Coordinates Pharmacy benefits for companies as a 3rd Party administrator

Leverages relationships with drug manufacturers like Astra Zeneca and Pfizer to provide drug cost savings and key disease management programs for company partners

Benefits of PharmD/MBA Acc. to Christine MBA opened doors otherwise not available to her (outside of

clinical ) Learned she is capable of handling larger course loads Provided a well-rounded educational background

AUPHA and HAMPCAS AUPHA site HAMPCAS Site (42 Schools ) Pacific HAMPCAS Profile

How and When to Apply

Online Application available at Eberhardt MBA websites. HAMPCAS: Go.pacific.edu/HAMPCAS

Key Application Dates Round 1 - January 15 (FT/MAcc -

Priority Review) Round 2 - March 1 (FT/MAcc -On-

time; PT -Early ) Round 3* - June 1 (FT/MAcc -late; PT

-On-time)

APPLICATION ELEMENTS

Application form, personal statements and resume

Official Transcripts (all Universities attended)

Letters of Recommendation (2 recommended)

Official GMAT (or GRE) Scores $50 Application Fee - waived for

HAMPCAS applicants Interview (by invitation only)

ADMISSIONS CRITERIA

Academic Record (Grade trends, curriculum)

GMAT (or GRE) Scores Personal Statements Recommendations Interviews (if required) Work/Volunteer experience MBA Admissions Formula Score

2015 New FT MBA Student Profile GPA Average: 3.41 (Range 3.12 - 3.73) GMAT Average: 560 (Range 480 - 650) Average Age: 23.0 (Range 20 to 25) Average Experience: 1.0 years (Range 0 to

3) International: 18% (Up from 17% in ‘14) Female: 55% (Up from 50% in ‘14)

Full-time Total Program Costs (AY 2015-16)

Tuition- $1,325/unit* $ 65,045.00

Wellness Center Fee (9+) $ 360.00

ASUOP & Activity Fees (9+) $ 420.00

Travel – Global course (est.)** $ 3,000.00

Books & Personal (est.)*** $ 7,500.00

TOTAL COSTS $ 74, 625.00

* MAcc tuition is $42,934, PT tuition is approximately $45,690

** Global expenses vary, but usually capped at

$3,500

*** Costs vary by location and required texts.

Scholarships and Assistantships – FT Only Eberhardt Merit Scholarships

Joseph Kaeslin Memorial Endowed Scholarship Edward M. Nagel Scholarships Robert and Frances Ferguson MBA Endowed Scholarship Credit Bureau of San Joaquin Endowed Scholarship Marian & George Malloy Endowed MBA Scholarship

PharmD/MBA Merit-Based Scholarship Long Foundation(s) scholarships for PharmD/MBA

MBA Merit-Based Graduate Assistantships 1/3 Tuition Assistantship 1/2 Tuition Eberhardt Scholars Assistantship

Time for some Q & A

For more information

Call: 209.946.2629 (Stockton)or

916.733.2817 (Sacramento)

E-mail: mba@pacific.edu

Web: go.pacific.edu/mbago.pacific.edu/sacmba

START HERE. GO ANYWHERE.

www.business.pacific.edu

Eberhardt School of Business