Healthcare Management

Bachelor of Science in Business Administration

This course of study prepares students to work as managers within a wide variety of healthcare settings, including hospitals, medical practices, extended care facilities, insurance companies, and government agencies. Building on a foundation of general business courses and techniques, it introduces students to healthcare ethics, finance, law, marketing, information systems, and human resources; and explores the relationship of all of these to the role of governments and third party providers who represent the major source of funding in healthcare. Students are exposed to practical management situations as well as to theories and analytical techniques that are essential to effective problem solving within the American healthcare system.

Mission of AIC’s Business Programs
Mission Statement of AIC’s Business Programs:

The mission of the AIC Business Program is to foster academic excellence and student achievement at both the undergraduate and graduate levels within a supportive community of teachers and learners.

Learning Outcomes for Healthcare Management
The following are learning outcomes for successful completion of the healthcare management major. Students will be able to:

  • Students will be able to apply the basic concepts and theories of business.
  • Students will be able to explain the structure of the healthcare system in the United States and the role of key stakeholders.
  • Students will be able to analyze the unique economic and financial models of the healthcare industry and apply these to improving organizational performance.
  • Students will be able to compare and contrast specific human resource management principles within various healthcare organization systems.
  • Students will be able to assess the use of health information technology (HIT) within a range of healthcare organizations
  • Students will be able to interpret healthcare laws and policies and their impact on healthcare costs and level of care.
  • Students will be able to prepare marketing plans appropriate to healthcare organizations
Accreditation

The School of Business, Arts & Sciences at American International College have received specialized accreditation for its business programs through the International Accreditation  Council for Business Education (IACBE) located at 11960 Quivira Road, Suite 300, Overland Park, KS 66213.

School of Business Administration Accreditation Status

Report of Outcomes Assessment Results

To see a report of student learning and program assessment please view the International Accreditation Council for Business Education’s Interim Quality Assurance Report.

Graduation Rates

Please view this report to see graduation rates for this program.

A major in Healthcare Management at AIC opens exciting possibilities for careers across a wide spectrum of health-related industries. Nonclinical positions continue to grow as the need for healthcare is driven by the aging baby boomer population and the development of new health treatments and technologies.

—Dr. Susanne Swanker, PhD Dean of the School of Business, Arts & Sciences

In the classroom. In the workforce.

What You’ll Learn

Building on a foundation of general business courses and techniques, the program provides a rigorous study of finance, law, marketing, healthcare ethics, information systems, and human resources.

Future Studies

As a graduate of the program, you’ll not only receive theoretical knowledge of key issues, but will also work closely with faculty to better understand the real-world management situations you’ll face in your career.

Career Opportunities

Graduating from this program prepares you to work in a variety of settings, including hospitals and medical practices, extended care facilities, government agencies, and insurance companies.

Common Professional Component Requirements

  • ACC1201 Financial Accounting
  • ACC2210 Managerial Accounting
  • BUS3000 Business Law
  • ECO1401 Macroeconomics
  • ECO1402 Microeconomics
  • FIN2003 Managerial Finance
  • MAT1430 Foundations of Statistics
  • MGT1400 Principles of Management
  • MIS1300 Business Analytics with Excel
  • MKT1450 Principles of Marketing
  • MGT4800 Senior Policy Seminar

Major Requirements

  • ACC2210: Managerial Accounting
  • HCM2200: American Healthcare System
  • HCM2610: Healthcare Management
  • HCM2620: Healthcare Marketing
  • HCM3230: Ethical and Legal Issues in Healthcare
  • HCM3440: Managing Healthcare Information
  • HCM4240: Healthcare Economics and Finance
  • HCM4899: Business Internship
  • MGT3202: Leadership
  • MGT3213: Human Resource Management
  • MGT3661: Project Management

Plus 9 credits of business electives

Minor:

Choose five of the following:

  • MGT1400: Principles of Management
  • HCM2200: American Healthcare System
  • HCM2610: Healthcare Management
  • HCM2620: Healthcare Marketing
  • HCM3230: Ethical and Legal Issues in Healthcare
  • HCM4240: Healthcare Economics and Finance

Choose one of the following courses:

  • MGT3202: Leadership
  • MGT3213: Human Resource Management
  • MGT3661: Project Management

 

Course Descriptions

Topics include: the basic structure, principles, and practices of accounting; the nature and classification of accounts; the accounting cycle and the preparation of financial statements for both service and merchandising enterprises; design of accounting systems, including special journals and subsidiary ledgers; and coverage of cash, receivables, inventories, deferrals, accruals, plant assets, intangible assets, and current liabilities. Lecture classes and laboratory sessions meet at least four times per week. Laboratory fee.

This course continues the study of basic concepts and principles, as well as accounting for the partnership and corporate forms of business organizations; coverage of plant assets, intangible assets, and current liabilities, long-term liabilities, investments financial statement analysis, and the Statement of Cash Flows. Lecture classes and laboratory sessions meet at least four times per week. Laboratory fee.

This course provides students with the tools and techniques to effectively communicate and present reports and ideas in the business environment. Included in the course is the proper construction of business reports, letters, memos and other communiques. Also included is the proper construction of a business presentation complete with visual aids (presentations tools such as PowerPoint). The course also provides the student with the use of information research techniques to find, analyze, and evaluate published business information and properly cite references. The student is given the opportunity to develop a recommendation to a business scenario and present it both in writing and orally.

This course introduces students to the fundamentals of law and the legal system as these apply to business transactions. Specific topics covered in the course are: contracts, agency, intellectual property rights, negotiable instruments, forms of business ownership, personal property, and real property.

This course is devoted to the study of the fundamental principles and processes of an economic system, with special emphasis on the coordination and control of the United States economy. Emphasis is on the macroeconomic approach.

This course examines individual decision making in various applied economic environments. Areas of application include international trade, market structures, labor markets, and various U. S. institutional environments, both public and private. Basic emphasis is on the microeconomic approach.

This course introduces the student to financial management, with emphasis on the identification and solution of the financial problems facing business enterprises. Basic financial analysis is examined in concert with management of working capital, management of long-term assets, cost of capital, and long-term financing. Basic modern quantitative analytic techniques are used to introduce students to improved forecasting and planning methods.

This course provides an overview of the American healthcare system. Beginning with a historical look at healthcare in the United States, students will examine the important demographic, social, and economic issues that challenge the current healthcare delivery system, and will gain an understanding of the difficulty in meeting the needs of both providers and consumers in this nation’s quest for equal access to quality care.

This course studies the management of healthcare organizations including hospitals, ambulatory and long-term care facilities. It focuses on their organizational structures and functions as it addresses key issues pertaining to the delivery of care, services offered and their value to the community they serve.

This course provides insight into the rapidly growing area of healthcare marketing. Building on a basic foundation of marketing principles, it focuses its attention on marketing for healthcare providers, organizations, health-related products and medical devices.

This course examines the ethical and legal framework of the healthcare system and the issues that healthcare managers must deal with in order to address effectively the concerns of stakeholders, comply with governmental regulations, and act in concert with the ethics of the medical professions. It includes analysis of the legal challenges of malpractice, patient confidentiality, and conformity to administrative guidelines. It also applies classical theories of ethical decision making – utilitarianism, deontology, social justice – to issues faced by those managing healthcare establishments such as patient rights, use of human subjects and tissues in medical research, end of life decisions, and protection of intellectual property.

This course introduces the student to the technology, legislation, and industry practices of the ethical management of healthcare information(Healthcare Informatics). The student will be exposed to latest trends, technologies, and best practices in manageing healthcare information. The student will develop a fuctional understanding of HIPPA, information systems, data quality, informatic, and the value of medical databases. Legal and ethical issues related to health information technology and health information exchanges will be explored.

This course provides a comprehensive overview of the financial structure, market forces, government policies and regulations, controls and techniques that apply to the healthcare sector of the economy. It examines the perspectives of multiple stakeholders – patients, physicians, hospitals, insurance companies, and government – in allocating costs and realizing profits from the delivery of healthcare. It also provides grounding in the financial tools and techniques of needed to analyze complex healthcare problems and recommend sound solutions that maximize benefits to all parties while minimizing costs.

The purpose of the internship is to provide students with a real-world, management-related experience in the healthcare sector. Students participate in projects that have implications for organizational efficiency, cost-effective delivery of health services or improved healthcare system performance.

The course will explain business and management concepts from an international perspective. It will focus on the social, cultural, political, legal, and economic environments that influence international business operations. The course will look at international trade theories, the evolution of regional economic integration arrangements, foreign direct investment, governmental intervention in international trade, and the importance of foreign currency exchange market. Course work will include special research projects and/or case studies for class presentation and discussion.

This course offers an introduction to the principles of management and their application to business. The basic management concepts of planning, organizing, controlling, motivating, communicating, staffing, and leading provide the basis for understanding of the management profession and a basis upon which higher level management courses can build more specialized knowledge.

Leadership involves change and facing up to difficult decisions and situations. The intent of this course is to give a practical understanding of leadership, its demands, its wide variety of effective styles, and both its positive and negative impacts on organization.

This course examines the problems of personnel relationships in business and industry. Primary emphasis is placed upon the psychological factors in human relations; the purpose, organization, and functions of the personnel department; instruments of personnel control, such as interviewing, testing, the making of job analysis, classification, personnel education and training, employee incentives, retention, and similar related topics.

This course introduces the techniques used to plan, manage, and complete projects in accordance with guidelines to which all participants and beneficiaries have agreed. It distinguishes project management from general management and examines the principal concepts and methods that have been developed to manage projects successfully: defining project objectives; the Critical Path Method; application of Lean/Six Sigma and other quality techniques; team building and conflict resolution; allocation of resources – human, physical, and financial; uses of probability to assess project time lines (PERT); GANNT Charts; and project control through budgeting. Students will apply software to managing their own projects. The course also covers the general principles of Management Science and Systems Theory – giving students an understanding of how models can be used to improve the quality of management decision making. Classes will introduce students to these areas of project management. Students will then apply the techniques and concepts to running an actual project so that they master these important skills by using them.

This meets the requirement as a writing intensive course in the major. This seminar is designed to provide the student with an opportunity to apply the wide array of knowledge gained through his/her academic program to various real world situations. The student’s knowledge application will be assessed through the analysis of complex business case problems.

This meets the requirement as a writing intensive course in the major. This course provides an introduction to information systems from a business point of view. Subjects to be covered include: terminology, a survey of hardware and software, introduction to systems analysis and design, as well as an overview of the college’s computer facilities.

This course is a survey of microcomputers as used in today’s environment. The student will become familiar with current trends and uses of microcomputers as well as hands-on exposure to spreadsheets, databases, word processors, and operating systems. Students will be required to develop applications in each of the software areas.

Marketing is a key activity that enables businesses and organizations to achieve their goals by satisfying the needs of others through mutually beneficial relationships. This course will provide students with an understanding of important marketing theory and practices, including: the marketing concept; the marketing environment; market segmentation, product positioning; product and brand strategies; pricing strategies, marketing communication strategies; distribution strategies; consumer and business buying behavior; and electronic marketing.

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