No Slide Title - Association of MD-MBA Programs

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6 Δεκ 2012 (πριν από 4 χρόνια και 10 μήνες)

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Maria Chandler, MD, MBA

1


UC Irvine MD/MBA Joint
Degree Program

Maria Chandler, MD, MBA


Faculty Advisor, MD/MBA Program

PH (949)824
-
6138

mchandle@uci.edu

Maria Chandler, MD, MBA

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Mission


To train a select group of physicians in the aspects of
business who will lead our community and the entire
healthcare industry toward a solution to the incredible
challenge we are faced with of providing patients with
quality care that is financially and ethically responsible.

Maria Chandler, MD, MBA

3

Why A Dual Degree?

The
Association of American Medical Colleges
:


Future physicians must “
acquire leadership

skills,”
be able to
“analyze financial data,”

and
“negotiate contracts.”
(4/97)

Maria Chandler, MD, MBA

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Why A Dual Degree?

The
University of California Commission on the
Future of Medical Education
:

“urges medical schools to emphasize business skills.”

“Trainees today should also have a sophisticated
understanding of business management.”

“Doctors must exhibit business acumen if they want to
land a job.”
(6/97)


Maria Chandler, MD, MBA

5

Why A Dual Degree?

Dr. Windsor Sherrill, Ph.D., MBA:


Leadership opportunity


Job security


Possible changes in medicine


Personal career goals
-
to combine clinical and
administrative roles, to innovate, to make a difference


(MD/MBA students: An analysis of medical student career choice.
Med
Education Online 2004;9:14
-
www.med
-
ed
-
online.org
)

Maria Chandler, MD, MBA

6

MD/MBA Search Firms


UpToDate (Boston)
-
MD Sales Position


Wimbledon Group (Colorado)
-
VP of Strategy
and Operations for Enlight Biosciences



Janet Wright & Associates Inc (Non
-
profit
sectors Canada)
-
Executive VP, Mt. Sinai Hospital
Toronto

Maria Chandler, MD, MBA

7

Why A Dual Degree?

Physicians in Leadership Positions:


Hospitals



46%


Managed Care


78%


Group Practice


55%


(Hospitals & Health Networks 8/5/97)


Maria Chandler, MD, MBA

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Why a Dual Degree?


Dr. Kim B. Clarke, PhD, Dean of Harvard Business School:



“Medicine and business have long been intertwined…but
today, with the extraordinary promise of emerging medical
technologies, sweeping changes in the delivery of health care,
and the push to control the cost of medications, the need for
leaders firmly grounded in both fields has never been
greater.”

(“Harvard Introduces Joint MD
-
MBA.”
FOCUS
, May 14, 2004.)

Maria Chandler, MD, MBA

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Why a Dual Degree?


New York Times
:


“Indeed, doctors have become so interested in the business
side of medicine that more than 40 medical schools have
added, over the last 20 years, an optional fifth year of
schooling for those who want to earn an M.B.A. degree as
well as an M.D. Some go directly to Wall Street or into
health care management without ever practicing
medicine.”


(“Lure of Great Wealth Affects Career Choices.”
New York Times
, November 27, 2006)

Maria Chandler, MD, MBA

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Personality Types of MD/MBAs

Physicians (INFP)


Introvert


Intuitive


Feeling


Perceiving

Business Type (ESTJ)


Extrovert


Sensing


Thinking


Judging

O’Connor and Shewchuk,
Enhancing Administrator
-
Clinician Relationships: The Role of
Psychological Type.

Heal Care Management Review 18, no.2 (1993): 57
-
65.

Maria Chandler, MD, MBA

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U.S. MD/MBA Programs (65+)



University of Alabama School of Medicine

Baylor College of Medicine

University at Buffalo State University of New York School of Medicine & Biomedical Sciences

University of Colorado Health Sciences Center School of Medicine

Columbia University College of Physicians and Surgeons

Joan & Sanford I. Weill Medical College of Cornell University

University of Florida College of Medicine

Dartmouth Medical School

Emory University School of Medicine

Indiana University School of Medicine

Jefferson Medical College of Thomas Jefferson University

University of Kentucky College of Medicine

University of Michigan Medical School

University of Minnesota Medical School

The Ohio State University College of Medicine

Saint Louis University School of Medicine

Keck School of Medicine of the University of Southern California

University of Texas Southwestern Medical Center at Dallas Southwestern Medical School

UMDNJ
--
New Jersey Medical School

Vanderbilt University School of Medicine

Yale University School of Medicine

University of California, Davis, School of Medicine

University of South Florida College of Medicine

Brody School of Medicine at East Carolina University

Texas Tech University Health Sciences Center School of Medicine


Mayo Medical School

McGill University Faculty of Medicine

University of Illinois College of Medicine
-
Urbana Champaign

Drexel University College of Medicine

University of Iowa Roy J. and Lucille A. Carver College of Medicine

Case Western Reserve University School of Medicine

Temple University School of Medicine

UMDNJ
-
Robert Wood Johnson Medical School

University of California, Irvine, College of Medicine

Tufts University School of Medicine

University of Chicago Pritzker School of Medicine

University of Connecticut School of Medicine

University of Illinois College of Medicine

David Geffen School of Medicine at UCLA

University of Rochester School of Medicine and Dentistry

University of Pennsylvania School of Medicine

Medical University of South Carolina College of Medicine

Wright State University School of Medicine

University of Arkansas College of Medicine

Georgetown University School of Medicine

University of Cincinnati College of Medicine

Northwestern University, The Feinberg School of Medicine

Wake Forest University School of Medicine

Duke University School of Medicine

Source: AAMC Curriculum Directory 2007

Maria Chandler, MD, MBA

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Dual Degree Popularity

#1

MD/PhD


130

#2

MD/MPH



75

#3

MD/MBA



65

#4

MD/JD


21



Total U.S. Medical Schools: 130




Source: AAMC Curriculum Directory
2009

Maria Chandler, MD, MBA

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MD/MBA Degree Growth

0
10
20
30
40
50
60
MD/MBA Programs
1993
2001
2005
2009
(MD/MBA Programs in the United States: Evidence of a Change in Health Care Leadership

by David B. Larson, MD, MBA,
Maria Chandler, MD, MBA, Howard P. Forman, MD, MBA. Academic Medicine, March 2003)


Maria Chandler, MD, MBA

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The Paul Merage School of Business

First in nation to establish a healthcare MBA program

Highly regarded in news media ranking of business schools:



Ranked #5 in faculty "intellectual capital" (
Business Week)


Ranked #6 nationally in Information Technology (
The Wall Street Journal 2006)


Ranked #24 internationally (top 10 in U.S.) for Executive MBA programs,
faculty research ranked #14 internationally
(Financial Times 2006)


Ranked #38 nationally, #19 among public universities for full
-
time MBA (
US
News 2006
)

Maria Chandler, MD, MBA

15

5 Year Joint Degree Program

Year

Summer

Fall

Winter

Spring

1

MD

MD

MD

2

MD

MD

MD

3

MD

MD

MD

MD

4

MD

MBA

MBA

MBA

5

MD

MD

MBA

MBA

Maria Chandler, MD, MBA

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MD/MBA Students Accepted

by MBA Start Date

1997

1

1998

1

1999

2

2000

2

2001

3

2002

5

2009

8

2010
14


2011 10


2003

5

2004

5

2005

7

2006

7

2007

10

2008

16


Maria Chandler, MD, MBA

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Application Process


Apply on
-
line


Students apply during their 2
nd

medical school year


Previous business courses or experience is not
necessary


PRIME LC students
may

apply (please don’t if you’d
prefer an MPH)


GMAT not required for admission


Maria Chandler, MD, MBA

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Employment History


CV. Submit a copy of your CV.


Application Fee. The application fee is WAIVED for
medical students. In order to receive your waiver, you
must start the online application and request a waiver. Be
sure to request the waiver prior to completing and
submitting your application.


Admissions Test. No admissions test is required. The
MCAT substitutes for the GMAT.



Please submit the online application and all supporting
materials by
March 2011



Maria Chandler, MD, MBA

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MBA Curriculum Sample

Core


Organizational Management


Financial Accounting


Economics


Information Technology


Business and Government


Operations, Marketing


Strategy

Electives


US Health Policy, Federal Health
Policy


Healthcare Entrepreneurship:
Physician to CEO


Physicians as Medical Directors


Management of Healthcare
Organizations


Strategic Planning/Marketing of
Healthcare services

Maria Chandler, MD, MBA

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CAREER OPPORTUNITIES FOR
GRADUATES


Non
-
profit Clinics


Biotechnology


Hospital Administration


Health Information Technology


Entrepreneurial Ventures


Legislation/Policy


Medical Research


Managed Care


Academics


Pharmaceuticals

Physician Leaders in


Maria Chandler, MD, MBA

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Job Preference of MD/MBA Students

Job Activity

Mean Score

Medical Director


Multi
-
specialty group

1.56

Medical Director of Major HMO

1.70

Medical Director of largest insur./managed care co. in region

1.85

CEO of biotechnology company

1.93

Medical Director


Single specialty group

1.93

Chief of Staff of 500 bed hosp. (tertiary care) in for
-
profit system

1.93

Nationally recognized expert in cost control disease management

1.93

Chief of Staff of large, tertiary care acad med center serving indigent pop

2.00

Medical Liaison of WHO

2.00

Chief of Staff of sole provider hospital in rural area

2.11

Dep Director of State Board of Health

2.3

Medical Director of inner city health clinic

2.6

Table adapted from
“MD/MBA Students:An Analysis of Medical Student Career Choice" by Windsor Westbrook Sherrill, Ph.D., MBA


Rank 1
-
3 with
1 most desirable


Maria Chandler, MD, MBA

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Maria Chandler, MD, MBA

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Maria Chandler, MD, MBA

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Maria Chandler, MD, MBA

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Dual MD/MBA Programs on the Rise:

Employers See Value in Business, Medical Training


Employers are starting to recognize the value of a dual degree in medicine and business. In fact,
Wellpoint

has created a fellowship program designed
especially for these grads. Called the Physician Executive Fellowship, the one
-
year program is aimed at grooming physicians for
careers in medical
management.

"I'm hoping other organizations follow suit and say they have to start training these young physicians as well," Chandler sai
d.

One
of the biggest misconceptions about dual degree students is that they are motivated by money, she continued. In fact, researc
h h
as shown most
students who choose dual degrees want to make a difference in health care.

These students need guidance, however. Chandler said most are hoping to connect with a mentor. Many need ideas for projects t
hey

can do for credit
--

highly complex examples of knowledge in both medicine and business. In fact, the dual degree students at the University of Ca
lif
ornia at Irvine created the
business plan for the school's simulation center and helped bring it to fruition.

Research shows most students are pleased with their choice to pursue a dual degree. According to a survey of 87 graduates, 90

pe
rcent said they were
"happy" or "very happy" with their degrees.

Chandler said she hopes someday that all medical schools will not only offer a dual degree but incorporate business principle
s i
nto their medical
curriculum.

"Physicians are trained in a dictatorial way," she said. "They're trained to be the dictator of their OR ...whereas business
sch
ool is all about a team
approach."


It started with a letter that Maria Chandler, MD, sent to the dean of the
medical school at the University of California at Irvine.

The pediatrician had recently completed her MBA and offered her assistance if the
medical school had any students who were interested in a similar path. Chandler
got a quick response.

"He sent a letter right back and said, 'How'd you like to start a MD/MBA program
here?'" Chandler said.

That was in 1996, and only a handful of schools offered the dual degree. Today,
there are more than 130, and Chandler has gone on to create the National
Association of MD/MBA Students, a non
-
profit organization aimed at helping
graduates.

Most of the students who pursue dual degrees are entrepreneurial by nature,
Chandler said. Surveys of the graduates show most choose to pursue clinical
practice for at least a little while after graduation, although many choose to
assume administrative duties at an early age.

Maria Chandler, MD, MBA

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Maria Chandler, MD, MBA

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Graduating Class