Master of Business Administration: Healthcare Management Specialization

Stonehill's Master of Business Administration with a focus in healthcare management provides business professionals with a specialized overview of the healthcare system and the management aspects within healthcare organizations.

Fully online and hybrid options available.

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An MBA With a Focus in Healthcare Management

Stonehill's Master of Business Administration (MBA) program allows aspiring business leaders to broaden their business knowledge and hone their skill set and apply them both in ways beneficial to their organizations and society.

Through the healthcare management specialization, students focus on an overview of the healthcare system and the management aspects within healthcare organizations. Students will focus on the unique aspects of policy, law, marketing, finance and economics related to the healthcare field, with an emphasis on ethical management practices. Students will emerge ready to strategically plan, organize, lead and control resources within a healthcare organization.

Through this specialization, students will:

Develop skills in the strategic planning, management and daily operations of a healthcare organization.
Develop leadership, management and administrative skills within a healthcare system or program to ensure community well-being.
Identify the relevant legal and ethical issues when managing a healthcare program or organization.
Identify the key economic and financial factors of managing a healthcare program or organization.
Develop successful marketing strategies and plans for long-term growth within a healthcare program or organization.

All MBA students are required to take a set of core courses as well as the specialization courses to complete their program. For the healthcare management specialization, courses such as Healthcare Policy, Law & Ethics and Healthcare Marketing broaden their knowledge and strengthen their management and leadership skills for roles in medical and health service organizations. The 36-credit program includes a combination of thought leadership, collaborative projects and hands-on simulations.

Strong Demand for Healthcare Management Professionals

With many Boston hospitals consistently ranked among the best in the nation and managerial roles expected to grow through 2033, now is a great time to gain the skills to lead within a healthcare organization.

29%

occupations projected to grow

Employment of medical and health services managers is projected to grow 29 percent from 2023 to 2033, much faster than the average for all occupations, according to the U.S. Bureau of Labor Statistics (BLS).

$154,407

Average Salary

The average salary for a health services manager in Boston is $154,407, according to salary.com. Massachusetts is also among the top-five highest paying states for these positions.

Highest Concentration of Jobs

Massachusetts has the second highest concentration of jobs in medical and health service managers nationwide, according to the BLS.

Sample Courses

Healthcare Policy, Law & Ethics

This course introduces students to legal, ethical, and policy issues in public health and healthcare. Students will explore basic principles underlying the legal system, governmental regulation, the development of policies and legal rules, and how to interact ethically and effectively with the legal system as a public health practitioner. Topics include healthcare reform, regulatory compliance, risk management, patient rights, bioethics, and the role of government in healthcare decision-making. Students will examine the legal context of the relationship between the individual and the community and understand public health regulation in the context of a market-driven system. The course emphasizes the application of business and legal principles to navigate complex ethical dilemmas, ensure regulatory compliance, and develop strategies for effective healthcare leadership

Healthcare Marketing

This course provides an in-depth exploration of marketing principles and strategies tailored to the healthcare industry. Students will examine the unique challenges and opportunities in healthcare marketing, including consumer behavior, branding, digital marketing, patient engagement, and regulatory considerations. The course covers key topics such as market segmentation, strategic communications, healthcare service promotion, competitive positioning, data-driven decision-making, customer-centric approaches, and the role of technology in shaping healthcare marketing strategies. Emphasis is placed on ethical marketing practices, compliance with healthcare regulations, and the impact of public perception on healthcare organizations. Students will connect marketing principles to innovation, operations, and strategy in the healthcare industry to ensure overall healthcare business success in their roles as managers and leaders.

The Economics & Finance of Healthcare

This course provides an in-depth examination of economic and financial management principles as they apply to the healthcare industry. Students will explore the unique financial structures of healthcare organizations, economic theories shaping healthcare markets, and the impact of policy decisions on healthcare costs and access. Key topics include supply and demand, labor issues, healthcare spending, reimbursement models, financial management, cost-benefit analysis, risk assessment, the role of government and private entities in healthcare financing, and techniques for economic evaluation in healthcare. Students will gain an understanding of basic financial management principles, capital planning and financing, financial statements, and budgeting in healthcare organizations and will use these functions for decision-making. Through case studies, data analysis, and financial modeling, students will develop the analytical and decision-making skills needed to navigate the complexities of healthcare economics and finance as effective managers and leaders.

Earn a Graduate Certificate in Healthcare Management

For professionals looking to expand their knowledge for work within healthcare organizations, Stonehill also offers a five-course professional certificate in healthcare management. This certificate provides a way for business professionals to gain the valuable knowledge and skills to strategically plan, organize, lead and control resources within a healthcare organization.

If a student completes the Healthcare Management Graduate Certificate and wishes to pursue their master's degree in business administration, these courses can be applied toward the master's degree.

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