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part-time program in

medical
management
for health care professionals
Welcome to the program
for the evolving business
of health care.
Health care is the largest sector of the US economy
and it continues to grow. The industry has entered
an era of significant change. Health service leaders
must be able to predict, prepare for, and participate
in innovations that will have a dramatic impact on the
business of health care.
Our unique approach has trained health care leaders
for decades.
With a foundation in quantitative analysis, a Simon degree truly represents
the science of doing business. Medical Management graduates join an
outstanding group of Simon alumni working in diverse industries around
the globe. They form an influential network that is grounded in academic
excellence and inspired by innovation, research, and quantifiable success.

Peer and faculty engagement drive professional growth.


Our collaborative environment gives you the opportunity to create
meaningful relationships with faculty, staff, and fellow students.
Study teams benefit from a driven, accomplished cohort and instruction
is lead by expert faculty with decades of experience in a highly interactive
setting. Let us provide you with the knowledge and expertise to make
positive impact on the health care industry with Simon’s MS in Business
Administration with a concentration in Medical Management.

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Gain the insight “More than ever before,
health care practices need
to lead an to pay special attention to
operations, finance, and
evolving industry. competitive strategy. It’s
not enough to assume that
an experienced clinician
The Accountable Care Organization (ACO) is a more Simon Business School rankings will naturally evolve into a
involved health care model that requires providers respected businessperson.
to think as insurers in order to deliver high quality Financial Times of London, January 2015 We cannot continue to
care and increase accessibility within the limits of a 3 5 practice ‘business as usual’
controlled budget. in health care.”
In the world for In the world for
Economics Finance
Visionary management to address the challenges
of accountable care.
Michael Mendoza,
ACOs place considerable financial risks on providers, including hospitals A MD, MPH
and physicians, while rewriting the relationships between insurers, Bloomberg Businessweek Medical Director at Highland
government, providers, and individuals. Providing care within a fixed consistently grades Simon faculty Family Medicine, Department
dollar amount per population will necessitate creative leadership, new with an A for teaching quality. of Family Medicine, University of
efficiencies, health care finance acumen, and strong negotiating skills. Rochester Medical Center
Class of 2012
A compelling business skill set to complement
your health care expertise. “Medical school does not adequately
prepare physicians who are motivated to
Medical Management students will find themselves a step ahead, as
improve health care systems, particularly
they acquire the skills needed to understand and succeed in the world of in a changing and increasingly
health care reform. From learning new technology for coordinating and competitive marketplace,” Michael says.
streamlining operations, to developing financial and management skills Already an expert medical diagnostician,
that help assimilate savings and deliver quality care, our graduates are he was looking for the skills to better
well prepared for the rapidly changing market. analyze business and operational
challenges. “I was looking mostly for
new ideas and perspectives to inform my
performance in my current job,” he says.
“Simon has helped me to understand the
complexity of problems more fully, and
I feel more prepared than ever to effect
change to solve them.”
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“I wanted to broaden my
Medical Management professional horizons and

Program: Designed for have more opportunities.


The program at Simon
working professionals. deepened my business
perspective and gave me
the tools to continue to
Simon Business School’s MS in Business The curriculum is designed around expand my career.”
Administration with a concentration in Medical core areas that are especially
relevant to health care:
Management is a part-time, 16-month graduate • Quantifying strategy through Paula A. Fessler, RN, FNP
program designed for working professionals who financial analysis Vice President
Emergency Medicine Service Line
want to develop the skills to better evaluate their • Implementing strategy by efficiently
North Shore-LIJ Health System
managing operations
organizations, optimize care delivery, and prepare for Class of 2014
• Building effective organizations through
the next round of fundamental industry change. intelligent work design and incentives While working in the Emergency
• Analyzing data for decision making Department at Strong Memorial Hospital,
Acquire the skills to advance business and medicine. Paula Fessler was acutely aware of health
• Developing business plans
The rapid change in the health care industry demands an education that care’s changing environment. “I pursued a
You will complete a hands-on, master’s from Simon to learn more about
generates an immediate return on investment. Our MS program provides team-based project at a health care business operations and the language
health care professionals like you with the skills needed to understand key organization to apply what you have that goes along with it,” she says. “This
business issues confronting the industry. learned in the classroom. knowledge improved processes and
allowed us to provide excellent patient
Lasting career impact with minimal schedule interruption. Class Profile
care in a cost-effective manner,” she says.
Recent Student Backgrounds (2010-2014)
We focus on developing you into a confident manager and leader who The analytics-based education has also
can make vital financial, operational, and strategic decisions for your Doctors/Dentists........................ 21.1%
helped Paula land her new executive
organization. The program covers key topics such as industry structure Nurses ....................................... 19.4% position. “When I interviewed with North
and reform, financing, insurance, operations, information technology, Other Clinicians ......................... 19.4% Shore-LIJ Health, my Simon degree was a
and investments. The convenient part-time structure, with evening selling point. Using metrics and identifying
Administrators/IT ..................... 20.3%
barriers will be a key part of creating and
and weekend courses, allows you to maintain your career and personal
Researchers .............................. 10.6% maintaining business success,” she says.
commitments while building powerful business and managerial skill sets.
Clinical Lab ................................. 9.3%

A typical entering class has an


average of more than 14 years
of work experience and a wide
variety of professions.
4 | medical management 5 | medical management
“A lot of the projects
Our curriculum works involved teamwork, so

to strengthen your learning to work better


with people and develop
potential. new programs using
different approaches
were the key takeaways.”
The Medical Management curriculum provides a Medical Management Economics, Allison Trawinski

course listing
solid foundation in business management through Accounting, and Finance Primer
Specialty Pharmacy Program Manager
an immersive academic experience that consists Health Care Marketing and
& PGY-1 Community Pharmacy
Business Plan Development
of in-class instruction, workshops, case studies, Residency Coordinator
Managerial Accounting for Department of Pharmacy, University of
and team projects. Health Care Organizations Rochester Medical Center
Class of 2013
An integrated approach to business and medicine. Health Care Accounting
and Finance After earning her Doctor of Pharmacy
The curriculum is presented in a format that delivers core interdisciplinary
degree at the Albany College of Pharmacy
business skills while simultaneously applying those skills to the health Managing Health Care Operations
and Health Sciences, Allison Trawinski
care industry. This is accomplished through pairing Simon Business School
Health Care Operations became a pharmacist in the University of
core courses with a health sciences management curriculum. The result Rochester Medical Center Strong Ties
is a world of business knowledge you can immediately apply to your Organization and Strategy Pharmacy. In 2011, she was promoted to
role in the health care industry. her current position overseeing a pharmacy
Designing and Optimizing
program for employees to receive
Benefit from a collaborative classroom experience. Health Care Organizations
specialty medication.
As part of a highly engaged Simon study team, you will draw on the Team Project Allison decided it would be wise to get an
unique insights of your classmates to master the skills and knowledge advanced degree to strengthen her
provided by our expert instructors. The collaborative nature of our business and managerial skill sets. “I was
looking for useful tools for my current job,”
program allows you to develop a network of professionals and lifelong
Allison says. “The Medical Management
friends that will serve as a resource throughout your career. program helped me improve workflow
One course meets an evening each week, while the second course efficiency, fixing any problems now rather
meets one weekend per month. Program graduates describe the work than later.”
outside the classroom as rigorous but doable. The time you will need
to invest will depend on your background and learning capability.

6 | medical management 7 | medical management


Our expert faculty. Professors challenge
Your invaluable you beyond what you
resource. thought possible.
Our smaller class size means you will work closely List of faculty
James A. Brickley
with some of the world’s most recognized thought James A. Brickley, PhD
Finance
Abraham Seidmann, PhD Gleason Professor of Business Administration
Industrial Engineering
leaders in health care, finance, accounting, economics, University of Oregon Texas Tech University
Professor Brickley’s research and teaching interests are
in the economics of organizations, corporate governance
management, corporate strategy, and marketing. Harry Groenevelt, PhD
Operations Research
Vera Tilson, PhD and compensation policy, corporate finance, and
Operations Management franchising. In addition to his academic interests, he has
Simon faculty members are independent thinkers Columbia University Case Western Reserve University been a consultant to major corporations and not-for-profit
who bring exceptional knowledge, experience, Ronald W. Hansen, PhD
Economics
Heidi Tribunella, MS organizations on strategy, valuations, incentives, and
organizational architecture.
Accountancy
and passion to approaching and solving real-world University of Chicago State University of New York
Institute of Technology
business problems. Roy Jones, PhD
Operations, Information and Technology Gerard J. Wedig, PhD Abraham Seidmann
Stanford University Economics Xerox Professor of Computers and Information Systems
An elite group of worldwide experts. Harvard University and Operations Management
Paul Nelson, PhD
Simon Business School has one of the most respected faculty in the Business Administration Michael J. Weidner, MBA Professor Seidmann has consulted with many of the
world, excelling in both teaching and research. Our faculty’s cutting- University of Rochester Cornell University world’s leading industrial and service corporations.
Samuel Ogie ’01S (MBA) Former President/CEO, Highland Hospital His current research and consulting activities include
edge research is frequently published and often cited. Several faculty
University of Rochester medical informatics, e-commerce, business process
members also serve as editors of leading journals, some of which are design, optimal resource allocation, and performance
Director, Simon Health Care Programs
published at Simon Business School. Our professors routinely bring modeling for capacity planning and pricing.
Ronald M. Schmidt, MA
their knowledge and research to the classroom. Economics
The Ohio State University
Experience that reaches beyond the classroom. Vera Tilson
Assistant Professor of Operations Management
Simon faculty members advise hospitals, accountable care organizations,
Professor Tilson’s teaching interests are in
physician groups, pharmaceutical firms, and consulting firms, and interact Groundbreaking quantitative decision-making and health care
with both the business community and regulatory bodies. They serve on Research operations management. Professor Tilson’s research
boards of health care providers, financial institutions, law firms, and key Regularly published in interests are in health care operations, stochastic
organizations such as the Securities and Exchange Commission. You will top academic journals, scheduling, and supply chain management. She has
Simon’s faculty research published articles in numerous management and
have unparalleled access beyond class lectures, with opportunities to
relates directly to current, operations journals.
gather helpful advice to bring back to the office. real-world issues facing
health care organizations.

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“The Medical Management
You will see returns program helps you

from day one. So will build leadership and


management skills
your employer. and develop a useful
business vocabulary. More
importantly, that learning
Students in our program immediately bring current Benefits that generate
happens in a supportive
industry knowledge and actionable ideas back to returns from the start. environment and offers
their organizations. The classroom study, collaboration A more competitive marketplace means tools you can apply in your
health care, medical, and research
with other students, and project management skills professionals can no longer rely on day-to-day job.”
intuition to guide their business decisions.
developed through hands-on learning are often Simon’s studied, practical approach to
utilized in the workplace. Students learn to streamline business education provides the skills Erin Shope, DMD
managers from large complex medical
processes, improve quality and efficiency, develop centers to small business owners need to Pediatric Dentist
Assistant Professor of Clinical Dentistry
new product or service offerings, and create new recognize opportunities, secure funding,
University of Rochester Medical Center
and market their products and research.
delivery and financing models. Class of 2014

Science is a business. After Erin Shope began her dental practice,


she realized something important was
A Simon education provides a broader perspective that allows medical and missing. “In dental school and residency,
health care industry leaders to more clearly recognize the opportunities we get minimal background in business
and threats facing their organizations. From securing critical funding to and the management of people,” she
developing best practices and managing staff, the Medical Management says. Looking to enhance her skill set,
program will help you look at the business of research, medicine, and health Erin enrolled in Simon Business School’s
Medical Management program. “My main
care in a whole new way.
goal was not to become a manager or
Business is a science. to change my position at the University,”
she says, “but to learn the language of
Simon’s quantitative approach helps you leverage the power of measurable business, so that I could help create
information to minimize failure and recognize success. Our focus on data change and be a more active participant
analysis and economics-driven decision making reflect the fundamentals on my team.”
of the most-trusted scientific method.

10 | medical management 11 | medical management


“If you want to move your
Practical experience career forward, you are

with immediate probably going to need


a master’s degree—and
applications. out of all the master’s
that are out there,
nothing rings louder
The Medical Management program builds your MS credit toward the MBA
than a Simon Business
business management skills with real world, While, in many cases, the MS degree from School degree.”
Simon will be sufficient for your desired
practical learning. As part of the Simon MS degree, post-graduation career path, you may wish
we coordinate a project-based practicum within a to complete an MBA after finishing the MS
Daniel Parr
degree, either immediately or within five
health organization to help you strengthen your years of graduation. Matriculation into
Program Administrator
Strong Health Geriatrics
skill set and professional network. the MBA program requires a minimum 3.1
Highland Hospital
cumulative grade point average in Simon
MS courses taken, as well as meeting Class of 2010
Go beyond the classroom and make your mark on
the industry. other MBA admissions criteria. Students
As Dan worked his way through
who are admitted for this option will
You will complete a team-based project at a health care organization administrative positions at the Medical
receive credit for a majority of the courses
Center, he began to see another side of
to apply the concepts you have learned in the classroom. Projects are completed while pursuing the MS program.
the industry. “I knew then, if I wanted
chosen with input from the senior leadership at each organization, with to advance my career, I needed to go
consultation from the program directors at Simon Business School.   to Simon. The skill set you learn in the
Medical Management program shows
Projects that develop solutions to real-world challenges. you how to generate creative solutions
to problems that drive results,” he says.
• Analyzed multiple options to reduce costs in response to a
Medicare initiative to reduce pressure ulcers In his current role, Dan says he primarily
deals with “people, processes, and
• Developed a financial model to analyze the profitability and money”—areas where his education
productivity of laboratory draw stations helps him every day. “Staffing models,
operations issues, and measuring
• Evaluated the implementation of robotics in hospital utilization to get rid of waste are all
pharmacy operations things I learned at Simon,” he says. “I’m
thankful for the Medical Management
• Devised a new scheduling protocol for anesthesiologists in program and everything it’s done for
electrophysiology procedures, which conformed to emerging best my career.”
practices and improved the financial performance of the service

12 | medical management 13 | medical management


“I enrolled in the Medical
Be part of a Management program

community because I realized what


I didn’t know about the
of learners. business side of medicine
was holding me back—
both in terms of taking
Simon students are the best of the best. We seek Other Funding Sources care of patients and
candidates who are motivated, show evidence Many University of Rochester keeping up with regulatory
of leadership and teamwork, and are focused on
employees are eligible for a partial changes in health care.”
waiver of the tuition costs through the
career and academic excellence. Pursuing a Simon employee tuition benefits program.
Other students either receive support
master’s degree is a rigorous and challenging from their employer or scholarship Elizabeth Bostock, MD, PhD
enterprise, but the rewards will last a lifetime. support from Simon. More than 75 Physician, Obstetrics and Gynecology
percent of students seeking Simon Associate Physician Advisor
scholarship support receive some
Join an elite cohort with similar goals and equal drive. Rochester Regional Health System
funding. Need-based educational Lead Physician, Rochester General
Simon Business School evaluates a number of criteria for admissions, loans are also available to cover any Medical Group
including: the nature and scope of prior work experience, academic remaining expenses that are not
covered by a scholarship or employee Class of 2014
achievement, career aspirations, and motivation to succeed in a rigorous
tuition benefit.
program. Our candidates include early career professionals to division As an experienced physician, educator,
chiefs and program administrators with a wide range of experiences. and health care administrator, Elizabeth
Bostock knew she needed to learn more
Let us support your next step to success. about the business aspects of her industry.
Responsible for patient care, teaching
Need- and merit-based scholarships are available for the Medical
residents, and managing her organization’s
Management program. We take a holistic evaluation of your potential, outpatient office, Elizabeth says the things
considering academic achievements, professional experience, she learned at Simon helped her be a
leadership capabilities, and community contributions when determining better manager and more than a passive
scholarship awards. observer to the sweeping changes in her
industry. “I really wanted to do the Medical
Simon Business School is proud to offer full and partial scholarship Management program, so that I could be
support to qualified students. The scholarship application deadline is a person who was promoting and shaping
May 15, with priority given to early applicants. health care in this time of transformation,”
she says, “rather than a person who was
simply reacting to what was going on.”

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Ready to apply?
Contact our team
and learn more today.
Are you a graduate of an accredited four-year Application deadlines
college and curious about the Medical Application due Notification by
Management program? Consider experiencing October 15 December 15
our program firsthand. Prospective students are November 15 January 15
welcome to sit in on a weekend class and January 5 March 20
learn more about Simon. March 15 April 30

May 15 July 1
Contact Us
Applications will be reviewed on a space-
MBA/MS Admissions available basis after the May 15 deadline.
Phone: (585) 275-3533 Application checklist
(800) 599-5618
• Online application form
Simon Business School • CV or current résumé
University of Rochester
• Two required essays
305 Schlegel Hall
• Unofficial transcripts, scanned and
Rochester, NY 14627-0107
uploaded for each university attended
E-MAIL: admissions@simon.rochester.edu
• One letter of recommendation (submitted
WEBSITE: simon.rochester.edu/med-mgmt electronically); a second letter of
recommendation is optional
• $150 application fee*

* Fee waived for individuals who attend


a Part-Time Medical Management
event. For upcoming events, visit
simon.rochester.edu/mmevents

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simon.rochester.edu/med-mgmt

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