MBA with Professional Certificate in Controlling Healthcare Costs

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International Students can apply

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MBA with Professional Certificate in Controlling Healthcare Costs

Overview

Controlling Healthcare Costs

is a specialized MBA program designed for healthcare professionals seeking to optimize resource allocation and reduce expenses.

Some of the key areas of focus include cost containment, supply chain management, and data-driven decision making.

This program is ideal for healthcare administrators and financial managers looking to enhance their skills and stay ahead in the industry.

By exploring the intersection of business and healthcare, learners will gain a deeper understanding of the complexities involved in controlling healthcare costs.

Join our program and discover how to make data-driven decisions that drive cost savings and improve patient outcomes.

Controlling Healthcare Costs is a vital aspect of the healthcare industry, and our MBA with Professional Certificate in Controlling Healthcare Costs is designed to equip you with the necessary skills to excel in this field. By mastering the art of cost management, you'll be able to reduce healthcare costs and improve patient outcomes. This course offers a unique blend of theoretical knowledge and practical skills, including cost-benefit analysis and value-based care. With a strong focus on career development, you'll gain access to a network of healthcare professionals and enhance your career prospects in this rapidly growing field. (11)

Entry requirements

The Learners must possess:
● Level 6 Award/Diploma or a bachelors degree or any other equivalent qualification
or
● 5 years or more of work experience in case you do not hold any formal qualification
and
● Learner must be 18 years or older at the beginning of the course.


International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content

•
Cost Containment Strategies in Healthcare
•
Healthcare Cost Analysis and Benchmarking
•
Value-Based Payment Models in Healthcare
•
Healthcare Cost Reduction Techniques
•
Managing Healthcare Costs through Supply Chain Optimization
•
Healthcare Cost Containment through Technology
•
Healthcare Financial Management and Planning
•
Cost-Effectiveness Analysis in Healthcare
•
Healthcare Cost Control through Data Analytics
•
Negotiating Healthcare Costs with Suppliers and Providers

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

The programme is available in two duration modes:

12 Months: GBP £7700
18 Months: GBP £6700
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

12 Months - GBP £7700

● Payment option (a) - GBP £770 x 10 monthly instalments
● Payment option (b) - GBP £2566 x 3 quarterly instalments
● Payment option (c) - GBP £3850 x 2 half yearly instalments
● Payment option (d) - GBP £7315 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

18 Months - GBP £6700

● Payment option (a) - GBP £478 x 14 monthly instalments
● Payment option (b) - GBP £1340 x 5 quarterly instalments
● Payment option (c) - GBP £2233 x 3 half yearly instalments
● Payment option (d) - GBP £6365 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

40% Cheaper

Our course fee is upto 40% cheaper than most universities and colleges.

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Accreditation

 Stage 1 (Delivered by LSIB):
The programme involves delivery through on-line Learning Management System (LMS). This stage leads to award of Level 7 Diploma in Strategic Management and Leadership. Credits earned at this stage - 120 credits (60 ECTS).

Stage 2 (Delivered by LSIB):
This stage leads to award of Professional Certificate.

Stage 3 (Delivered by the University / awarding body)
On completion of the diploma programme you progress / Top up with Degree through a UK University for progression to the MBA degree. The stage 3 is delivered via distance learning by faculties from the University / awarding body. Credits earned at this stage - 60 credits (30 ECTS).

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  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now
    •

Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about MBA with Professional Certificate in Controlling Healthcare Costs

The MBA with Professional Certificate in Controlling Healthcare Costs is a specialized program designed to equip students with the knowledge and skills necessary to manage healthcare costs effectively.
This program is ideal for professionals working in the healthcare industry, particularly those involved in cost control, finance, and operations.
Through this program, students can expect to learn about various aspects of healthcare cost control, including cost analysis, budgeting, and financial management.
The learning outcomes of this program include the ability to analyze and interpret healthcare data, develop and implement cost-saving strategies, and improve operational efficiency.
The duration of this program is typically 12-18 months, depending on the institution and the student's prior experience and qualifications.
The program is designed to be flexible, with online and on-campus options available to accommodate different learning styles and schedules.
The industry relevance of this program is high, as healthcare costs continue to rise globally, and organizations are seeking professionals who can help them manage these costs effectively.
By completing this program, graduates can expect to secure leadership roles in healthcare organizations, or pursue careers in related fields such as healthcare consulting, medical billing, and healthcare finance.
The program's focus on controlling healthcare costs makes it an attractive option for professionals looking to advance their careers or transition into new roles.
Overall, the MBA with Professional Certificate in Controlling Healthcare Costs is a valuable investment for professionals seeking to make a meaningful impact in the healthcare industry.

Why this course?

The significance of an MBA with a Professional Certificate in Controlling Healthcare Costs cannot be overstated in today's market. With the UK's National Health Service (NHS) facing significant financial pressures, the demand for professionals who can effectively manage healthcare costs is on the rise. According to a report by the NHS, the UK's healthcare expenditure is projected to reach £1.4 trillion by 2023, with the need for cost control measures becoming increasingly critical.
Year Healthcare Expenditure (£trillion)
2020 1.2
2021 1.25
2022 1.3
2023 1.4

Who should enrol in MBA with Professional Certificate in Controlling Healthcare Costs?

Ideal Audience for MBA with Professional Certificate in Controlling Healthcare Costs Healthcare professionals, particularly those in management roles, looking to enhance their skills in cost control and optimization, are the primary target audience for this program.
Key Characteristics: Professionals with at least 2-3 years of experience in the healthcare sector, preferably in roles such as hospital managers, clinical directors, or healthcare consultants, are well-suited for this program.
UK-Specific Statistics: According to a report by the NHS, the UK's National Health Service, healthcare costs account for approximately 9% of the country's GDP, with an estimated £134 billion spent on healthcare in 2020. This program can help professionals in the UK optimize costs and improve healthcare outcomes.
Career Benefits: Graduates of this program can expect to take on senior roles in healthcare management, such as Director of Finance or Chief Operating Officer, and earn a salary range of £60,000-£100,000 per annum, according to a survey by the Chartered Institute of Management Accountants.