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The Business of Health Care

Christopher D. Ittner, Christian Terwiesch, Richard Lambert, Michael Useem, Peter Cappelli, Roy Rosin, MBA, David A. Asch, MD, MBA, Amol S. Navathe, MD, PhD, Kevin Volpp, MD, PhD, Ezekiel J. Emanuel, MD, PhD, and Guy David, PhD

This Specialization was designed to help you keep pace with the rapidly changing world of health and health care. Through partnership with Wharton and Penn Medicine, you’ll learn from experts in business acumen, health care management, and health care policy to develop the skills you’ll need to successfully navigate the quickly evolving landscape of this fast-growing field.* By the end of this specialization, you will have a strong foundational understanding of the American health care system, along with the basic financial and management skills to make better, well-informed decisions that improve the cost and quality of the health care you or your enterprise provides.

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This Specialization was designed to help you keep pace with the rapidly changing world of health and health care. Through partnership with Wharton and Penn Medicine, you’ll learn from experts in business acumen, health care management, and health care policy to develop the skills you’ll need to successfully navigate the quickly evolving landscape of this fast-growing field.* By the end of this specialization, you will have a strong foundational understanding of the American health care system, along with the basic financial and management skills to make better, well-informed decisions that improve the cost and quality of the health care you or your enterprise provides.

*The employment of medical and health services managers is projected to grow 17% from 2014 to 2024, significantly faster than the average for all occupations.

Source: Bureau of Labor Statistics, US Department of Labor. “Occupational Outlook handbook 2016-17 Edition. Medical and Health Services Managers.”

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What's inside

Four courses

Financial Acumen for Non-Financial Managers

In this course, you'll explore how financial statement data and non-financial metrics link to financial performance. You'll learn about frameworks of financial reporting, income statements, and cash reporting, and apply different approaches to analyzing financial performance using real-life examples.

The Economics of Health Care Delivery

In this course, you'll learn about the key components of health care and the economics behind their principles and pricing strategies. You'll understand the complex structure of the health care system and health insurance. Through study and analysis of providers and insurance through an economic lens, you'll learn how basic economic principles apply to both principles and payment methods.

Management Fundamentals

(0 hours)
People are the most valuable asset of any business, but they are also the most unpredictable, and the most difficult asset to manage. This course will teach you how to motivate individual performance and design reward systems, how to design jobs and organize work for high performance, how to make good and timely management decisions, and how to design and change your organization’s architecture.

Health Care Innovation

In this course, you will study the foundational economic theories behind health care innovation and how to optimize your own health care practice or organization. You will gain a practical understanding of the theoretical frameworks of behavioral economics and operations management in the health care setting. You will also explore the best practices for evaluating one’s innovative practices, using real-life examples of success to see the concepts in action.

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