Master of MGMt. in

HealtH care

VanDerBilt

Ever-changing environment.

There’s one constant in health care today. It’s changing.

In this rapidly evolving environment, big-picture management expertise is more valuable than ever before. And those who have that expertise are more valuable to their organizations than ever before. Our Master of Management in Health Care program puts it all within your reach.

World-class business school located in a vibrant health care business community. World-class program.

The Vanderbilt Master of Management in Health Care brings together a combination of exceptional strengths: the highly ranked Owen Graduate School of Management, Vanderbilt University Medical Center and Nashville’s dynamic health care business community. As a result, this program equips you to understand the business of health care from a variety of perspectives—and enables you to apply that knowledge to benefit both your organization and your career.

A program centered on you.

The program’s unique schedule—one night a week, one weekend a month, for one year—lets you gain the knowledge to become a high-level leader without disrupting your daily work or career momentum.

Now master health care management.Vanderbilt Master of Management in Health CareThe Vanderbilt Master of Management in Health Care is a one-year graduate degree designed especially for managers, health care practitioners and executives in health care organizations. Through classes one night a week, one weekend a month, the program equips you with the business fundamentals and interdisciplinary leadership skills to become a robust organizational manager.

You know health care.

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Table of ContentsCurriculum ........................................................ 2-3Capstone Project ..........................................4-5Leadership Development Program ..... 6-7Faculty .............................................................. 8-9Peers & Teams ............................................ 10-11Week in the Life .................................................12

Now master health care management.

7:30 PM Students participating in core management simulation series.

One night a week. One weekend a month. One year.

One big step in your health care career.

MicHele HesselroDePhysician Liaison

Vanderbilt University Medical Center

MMHC | Class of 2013

roMeo entsuaH, PHarM.D.Clinical Pharmacist

Baptist Hospital &Saint Thomas Health

MMHC | Class of 2013

lynette BakerDirector Materials

ManagementNorthCrest Medical Center

MMHC | Class of 2013

Over a one-year period, you participate in core business courses one night a week, attend intensive health care industry-specific courses one weekend per month and work in teams on a health care consulting project throughout the program.

The unique schedule of the Master of Management in Health Care program assures the highest quality educational experience without disrupting your job responsibilities or the day-to-day operations of sponsoring organizations.

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“As a mother of 2 young children and working full time, I was

concerned about having the time to commit to pursuing a master’s degree. When I found the MMHC

program, I knew it was the perfect fit for me because of the

flexible schedule.”

“My journey through the MMHC program has mimicked the stages of metamorphosis; I arrived here barely knowing

the fundamentals in health care management, but now I am confident I possess the tools to navigate the complex and ever-

changing health care ecosystem.”

“It was beneficial to find out how the curriculum at Owen

tied into my day-to-day work. I was able to expand

my knowledge at school immediately into my day job.”

One night a week. One weekend a month. One year.

One big step in your health care career.

owen.vanderbilt.edu

GeorGe DaHir, M.D.Orthopaedic Surgeon

NorthCrest Physician Services

MMHC | Class of 2013

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Curriculum at a Glance— 30 Credit Hours

Each mod is 8 weeks in length.

Management Core classes meet one night per week; Health Care industry classes meet one weekend per month.

* Graduation celebration immediately follows successful completion of the program; dates for Vanderbilt commencement exercises are established by the university and may lag.

Schedule is subject to change.

Core: Managerial Economics

Core: Operations Management

Core: Financial Managerial Accounting

Industry: Economics of Health Care

Industry: Configuring and Optimizing Health Care Operations

Industry: Health Care Accounting

Excel Spreadsheets for Health Care Analytics

Capstone Project and Leadership Development

Capstone Project and Leadership Development (continued)

Core: Leading Teams and Health Care Organizations

Core: Managerial Finance

Core: Marketing Management

Industry: Strategies for High-Performance Health Care Organizations

Industry: Health Care Finance

Industry: Strategic Marketing of Health Care Services

FALL

SPRING

SUMMER

Mod 1

Mod 3

Mod 5

Mod 2

Mod 4

Mod 6

Orie

ntat

ion

Win

ter B

reak

Sprin

g B

reak

Win

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reak

Sprin

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reak

Grad

uatio

n*

owen.vanderbilt.edu

“The powerful contacts and networking in the fields of

medicine, insurance, business and leadership have been

unsurpassed. I feel that this networking will be the most

valuable asset that I gain from this wonderful program.”

Make yourself

More ValuaBle to your coMPany witH a caPstone strateGy Project.

Here’s a sampling of some recent Capstone Projects:

n Vanderbilt HomePath Diagnostic Management Team The HomePath Capstone team is helping the HomePath DMT—one of the seminal initiatives in Vanderbilt’s innovation portfolio—develop a plan for regional business expansion by determining evaluation criteria and analyzing the opportunities in each region of Tennessee.

n Maury Regional Medical Center Management Team To alleviate the effects of a physician shortage and improve access to care while decreasing costs and patient wait times, the Maury Regional Capstone team evaluated the feasibility of creating a telemedicine network.

n NorthCrest Federally Qualified Health Center The NorthCrest Capstone team was tasked with finding a large number of vulnerable patients who have no insurance and minimal access to health care (frequently relying on the ER for service) and to primary care in order to reduce ER utilization. The team implemented the Federally Qualified Health Center, to document cost savings and increase reimbursed billable accounts, and pursued federal grants to offset the cost of implementation.

With the Vanderbilt Master of Management in Health Care, you’ll be equipped with the knowledge and skills to make a bigger impact and advance your career. From the first week of the program, you and other team members will work on a Capstone Strategy Project to put that new knowledge to work on behalf of your organization, your patients and your career.

Meanwhile, your organization will gain leaders who understand how all business disciplines work together and who can effectively drive the entire organization forward.

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Make yourself

More ValuaBle to your coMPany witH a caPstone strateGy Project.

Put everything you learn to work.A Capstone Project—one of the hallmarks of Vanderbilt’s program—brings together everything from your experience. As part of your Capstone team, you’ll apply all the management concepts and tools you’ve learned to a significant, strategic business initiative for a health care organization— most commonly your own. Our students (and their sponsoring organizations) find this real-world, Capstone learning experience to be an investment that pays both immediate and long-term dividends.

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Huntsville Hospital Management Team. The challenge: The organization’s Capstone team was asked to evaluate the potential impact of a new Madison, Alabama Hospital on the existing system and propose an effective positioning that would result in incremental growth.

The team: Members of the team included the Director of Medical Staff Services; the VP of Operations; the Director of Finance; and the CEO of a hospital affiliate.

The solution: The team identified an opportunity to utilize obstetrics services as the leading edge attraction for strategic expansion in the market. In addition, they recommended that existing facilities align their marketing efforts to reach and attract new and growing families to the enterprise.

n Average 15 years of work experiencen Age Range: 30-50n Mid-Career

NonclinicalAdministrators

ClinicalLeaders

PhysicianLeaders

Capstone Team Composition

CapstoneTeam

Cross-enterprise selection of team members

HKey perspectives within core

pillars of the organization=

4-5 team members

Some people are born leaders. For most of us, leadership is an acquired attribute. Our program offers you personal coaching and other resources—including best-in-class tools used by Fortune 100 CEOs—to assess your personal leadership style, identify your strengths and challenges and help you gain the skills to manage people, projects and processes.

Our Leadership Development Program, which is woven throughout the program, includes both an executive coach, who will help you develop a personalized leadership development action plan, and a team coach who will work with your group throughout your Capstone Project.

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Don’t just learn to manage. Learn to lead.

catHy MaloneAdministrative Director of

Cardiovascular ServicesMaury Regional Medical Center

“With all the recent changes in health care and all the upcoming changes, I felt the need to learn

more about the overall effect it will have on my facility and how I can

assist in adapting to these changes.”

Leadership Development Program At A Glance

An open door to the tools and support needed to learn, practice, modify and grow leadership skills.

Assessment and Insights You will have access to several best-in-class diagnostic assessment tools used by Fortune 100 companies. Also benefit from coaches who are seasoned in the

health care industry.

Executive Coaching

Be paired with an Executive Coach who will help you

explore your personal leadership DNA as well as identify critical leadership skills and actions against those skills that will help

you achieve your leadership and career goals.

Individual Development

Build personal accountability by taking independent action

on those critical leadership skills to help drive toward

executive success. Apply in the program as well as on

the job.

What does an aeronautical engineer (testing planes at Boeing) do when she wants a fundamental career change? In Anne Marie’s case, she came to Vanderbilt with the goal of pursuing a strategic HR role. This summer, she’s interning with LinkedIn’s HR department, a perfect pairing with her tech background, she says.

MBA (HOP)

Anne Marie Mills

07

2013 Class

Dr. Aaronson has certainly mastered practicing medicine, but he needed to learn the “organizational and managerial aspects of daily medical work.” He’s now receiving the formal training he needs in the Master of Management in Health Care program where he says he’s “gaining the skills to lead more effectively in his multiple leadership roles.”

Master of Management in Health Care

Oran Aaronson, M.D.Associate Professor of Neurological Surgery, Residency Program Director, Vanderbilt Medical CenterChief Neurosurgery, VA Tennessee Valley Healthcare System

Don’t just learn to manage. Learn to lead.

“Working with a seasoned leadership coach, using validated techniques, I was forced out of my comfort zone and I now have a better understanding of my personal leadership style, strengths and weaknesses.”

owen.vanderbilt.edu

What does an aeronautical engineer (testing planes at Boeing) do when she wants a fundamental career change? In Anne Marie’s case, she came to Vanderbilt with the goal of pursuing a strategic HR role. This summer, she’s interning with LinkedIn’s HR department, a perfect pairing with her tech background, she says.

MBA (HOP)

Anne Marie Mills

2013Class

Professors Larry Van Horn and Luke Froeb collaborate on research to determine the impact of health care prices on consumer purchase behavior.

VANDERBILT BUSINESSTM

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Our faculty for the Master of Management Health Care program draw upon extensive experience in health care and business, along with insights from their leading-edge research. You’ll also learn from health care industry leaders—elected officials, policy experts, CEOs, entrepreneurs and health care practitioners—who bring their up-to-the-moment knowledge of the field into the classroom with you.

Business faculty with a faculty for the

health care business.

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learn froM your Peers, not just your Professors.

All of the students in the Master of Management Health Care program have significant health care managerial responsibilities. But they don’t all come from the same background. You’ll be part of a diverse group of peers who include physicians, clinical leaders and nonclinical administrators. Their professional expertise and diverse backgrounds mean you not only can study with outstanding colleagues but also gain new insights into health care management and delivery.

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learn froM your Peers, not just your Professors.

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Rachel GoodmanInfection Preventionist & Lab Coordinator, NorthCrest Medical CenterMMHC | Class of 2013

“I have learned so much from my fellow students. The mix of all disciplines of health care is truly unique. We are all in this together, and by ‘this’ I mean health care. We all want to make a difference and we want to make it better. Each and every student adds a different perspective and I have gained insight from all of my classmates at some point throughout the program.”

Thursday, 7 AM As on most weekdays, I spend an hour studying before leaving home and arriving at work by 8:30AM.

Noon At lunchtime, I like to take a walk through Vanderbilt’s campus. It’s a beautiful place and

the strolls and fresh air help me relax, think and be ready for the rest of the day.

Thursday, PM Class day. Some weeks, I meet with the members of our Capstone project team in the late afternoon. Class begins at 6, and we have dinner at Owen. It’s the longest day of my week, but also rewarding.

Friday night If it’s an “Owen weekend” (once a month), I stay after work for evening classes. Thursday nights focus on business fundamentals. Weekends are about the business of health care and how theory meets reality. If it’s a non-

Owen Friday, my wife and I have a tradition of watching “Jeopardy” at 6. Then I enjoy working out on my treadmill or riding my bike if the weather’s nice.

Saturday On Owen weekends, the mornings involve visiting faculty members or guest speakers such as policy experts and key executives from major health care organizations. If it’s not an Owen weekend, I’ll work on a project for school or do some production work in my home recording studio.

(Tim, a drummer, plays around Nashville in an Americana band and has produced an album, “Rock Island Line.”)

Saturday night Date night! My wife and I go out for dinner and music (3rd & Lindsley is a favorite spot), Sometimes we go to hear our son, who’s also in a local band.

One Week in the Life: Tim Stafford

MMHC 2013Director of Operations, Vanderbilt Kennedy Center

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Sunday, PM I’ll spend some time in the afternoon and evening studying. Or if I’m caught up on my schoolwork, I’ll get a head start on the work week by reading and responding to emails.

Monday, 4:30 PM Capstone team meeting. We’ll review our progress, discuss the next paper we’re working on, or plan strategy. The five members of our team (they include a faculty member

in hearing/speech; an administrator in women’s health services; an administrator in a practice management project; and a nurse in a transplant center) are working with a local health services provider on partnership creation.

Monday, 6 PM Supplemental sessions with our program’s tutor help us enhance what we learn in class about business fundamentals. In particular, the Finance sessions are always jam-packed as we prepare for our major projects and exams.

Tuesday Our Capstone team submits a paper every three weeks or so. The teams are designed so members have complementary experience and skills, and editing is one of my contributions. So for me, Tuesday is often editing night.

For the past 11 years, Tim has directed the operations of Vanderbilt’s Kennedy Center, one of 14 developmental disability centers in the United States, which includes about 100 employees and 50 research assistants. “I considered business school a long time ago,” he says, but his career took him in other directions. “Now that my kids have gone to college, I thought it’s now or never,” he says, so he pursued an MMHC. Here’s how he describes a typical week in the program.

owen.vanderbilt.edu

Vanderbilt Master of Management in Health Care

©2013 Vanderbilt and the Vanderbilt logo are registered trademarks and service marks of Vanderbilt University. REV. 07/13

Vanderbilt University is committed to principles of equal opportunity and affirmative action. Visit owen.vanderbilt.edu for Vanderbilt University’s complete EEO and affirmative action statement.

A distinguished school. With some distinctive differences.

Vanderbilt University | Owen Graduate School of Management401 21st Avenue South | Nashville, TN 37203-2422

Telephone: 615.322.5851 | Fax: 615.343.7110Email: mmhc@owen.vanderbilt.eduWeb: owen.vanderbilt.edu/mmhc

Hours: 8:30 AM – 5:00 PM, US Central Time

We’re competitive, not cutthroat.We lead with ideas, not egos.We take business personally.Our professors will know you by name.

Master of MGMt. in

HealtH care