Cambridge College: Master of Science in Healthcare Management

Explore Cambridge College's Master of Science in Healthcare Management

Program Overview

Healthcare is the fastest-growing sector of the U.S. economy, employing over 18 million people* and accounting for about a fifth of the nation's economy. Today's healthcare system has undergone tremendous change with the implementation of new legislation and policies on the state and national levels. These changes affect healthcare organizations, patient outcomes, access to care, and individual healthcare professionals. The MHM curriculum combines policy implementation with business management. This online business degree program is designed to provide you with the knowledge, skills, and abilities to evaluate the implications of policy on organizational structure, marketing, finance, and strategy.

_{*Source: https://www.osha.gov/healthcare/infectious-diseases/#:~:text=Healthcare%20is%20the%20fastest%2Dgrowing,allergy%2C%20violence%2C%20and%20stress.}

 

Credits to Complete

30 credit hours

What You'll Learn

The online MS in Healthcare Management curriculum is designed to prepare you to address healthcare industry challenges related to health policy, health operations management, risk and regulatory compliance, and more. After completing this degree, you will be equipped to: 

• • Understand the unique policy, regulatory, and legal issues facing U.S. healthcare industry participants and address these complexities in planning and decision-making
  •  Analyze financial statements and statistical data to understand the financial health of the organization, opportunities for growth or cost containment, and use this detailed and high-level data to inform decision-making, planning, and managing risk
  • Construct and apply analytical and performance improvement tools, including information technology, that help healthcare executives and managers solve complex operations problems and make efficient and effective healthcare operations decisions
  • Compose effective strategies in the management of contemporary healthcare operations issues such as process improvement, patient flow, and quality improvement
  • Design interprofessional teams to create a strategic planning process to address quality improvement initiatives in a healthcare setting

Career Preparation

According to the Bureau of Labor Statistics, the median yearly salary for medical and health services managers is *$104,830, with a 28% projected employment growth from 2022 to 2032. The online MS in Healthcare Management can help you advance to healthcare management positions in critical business disciplines. These leadership positions are often found in for-profit and nonprofit entities related to: Healthcare delivery; Clinical practices; Pharmaceutical; Biotechnology; Medical devices; Healthcare services; Insurance; Investment firms. Cambridge College's master's program also serves students who are interested in exploring entrepreneurial opportunities within healthcare and are pursuing their business degree online.

_{*Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Medical and Health Services Managers, https://www.bls.gov/ooh/management/medical-and-health-services-managers.htm (visited October 10, 2023).}

 

About Cambridge College

ABOUT:  Cambridge College (CC) is a private, regionally accredited nonprofit institution of higher learning founded in 1971. Located in Boston, Massachusetts, CC is committed to affordable, and accessible undergraduate degree programs. Cambridge College Global is committed to high-quality, affordable, and accessible undergraduate degree programs, for adult learners. ACCREDITATION: Accredited by the New England Commision of Higher Education (NECHE) ADMISSION REQUIREMENTS: For graduate programs, you will need to: Earned a bachelor’s degree from an accredited college or university recognized by the U.S. Department of Education Complete the full application Submit official college transcripts Resume that details your education and work experience, including how they pertain to your career goals.  Submit your personal statement. Write a 250-word, typed, double-spaced essay describing your professional experience, goals and objectives for graduate study. How do you expect your graduate studies to enhance your future career? Complete an interview. You’ll have an interview with Admissions or Faculty interview, generally by phone For good cause shown, at the discretion of the Program Chair, institutional admissions requirements may be waived or altered upon written approval by the Program Chair. COST:  The cost with the discount is $494 per credit hour, which has been reduced from $705 per credit hour. Plus, at Cambridge College, approximately 40% of courses eliminate the need for external books or materials.