Hospital professionals can pursue career advancement by earning a specialized Master of Business Administration (MBA) degree through the online MBA with a Concentration in Healthcare Administration program from Texas A&M University-Corpus Christi (TAMU-CC). Graduates of this AACSB-accredited MBA program have the education and skills to help hospitals manage upgrades in healthcare operations, technology, patient care and the overall work environment.
Benefits for Hospitals With MBAs in Healthcare Administration
Hospitals operate more smoothly with well-educated and prepared staff, including those in vital management and leadership roles. An MBA in healthcare administration is advantageous for managers who want to lay organizational groundwork because the degree covers a broad range of subjects, from operations and behavioral analysis to software-based business solutions and health economics.
The online MBA program is ideal for working professionals looking to advance their careers by studying business practices, staff management techniques and industry-specific issues within the healthcare setting. Graduates learn to set the tone for more effective communication and teamwork. Improved teamwork, in turn, results in better patient care, which can establish relationships and earn patients’ recommendations. Further, strong teamwork and healthy communication lead to a less stressful work environment, which can improve employee retention and loyalty.
How Are MBAs Useful in the Hospital Setting?
Students in TAMU-CC’s online MBA in Healthcare Administration program study both the technical and personal aspects of the job. Therefore, graduates of this program are flexible and can address a variety of issues. The following are two of the most critical areas MBA-prepared healthcare professionals can help improve:
- Patient safety: Teamwork is critical to patient safety, but the ultimate responsibility lies with healthcare administrators, from mid-level management to the hospital CEO. When leadership and healthcare providers communicate well with patients, it empowers all parties. This practice establishes trust, confidence and proper care, resulting in a safer environment and more accurate treatment.
- Work environment: Although a graduate from an online MBA program has the education and knowledge to handle stressful situations, an aligned, collaborative culture is essential. Leadership skills are vital to establishing this culture. When stress mounts, a manager with an MBA in healthcare administration can assess the work environment and provide guidance. Genuine concern for the mental, physical and emotional health of both coworkers and patients supports a positive work environment that everyone can appreciate and benefit from.
Administrative Areas That Need MBAs With Healthcare Administration Credentials
Professional staff with specialized healthcare administration MBA degrees are also responsible for running daily operations, supervising employees and managing financials. Proper financial management cuts unnecessary costs and improves operations. For example, hospitals sometimes lay off employees to stay within set budgets. However, managers and employees can avoid this if they work efficiently under strong financial leadership.
Effective communication with staff is vital. A manager’s team may work in various parts of the hospital, which can present communication challenges. Managers can overcome these by relying on internal hospital communication channels, recurring staff meetings and important emails to update team members on important matters. Leaders must also listen to staff and help them resolve issues.
Finally, effective time management under the guidance of a professional with an MBA in healthcare administration is invaluable. With strategies and processes designed to streamline operations, effective time management benefits employees and patients.
Hospitals can be hectic environments without proper measures in place. Many variables influence optimal performance. Healthcare professionals who earn an online MBA in Healthcare Administration from TAMU-CC know how to develop processes that will improve hospitals to everyone’s advantage.
Learn more about TAMU-CC’s online MBA with a Concentration in Healthcare Administration program.