MBA with Professional Certificate in Healthcare Purchasing Strategies

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MBA with Professional Certificate in Healthcare Purchasing Strategies

Overview

Healthcare Purchasing Strategies

is designed for professionals seeking to enhance their expertise in managing healthcare supply chains. This MBA with Professional Certificate program focuses on developing essential skills in procurement, contract management, and supply chain optimization. Some of the key topics covered include healthcare market analysis, supplier selection, and contract negotiation. The program also explores the impact of healthcare reform on purchasing strategies and the role of technology in streamlining supply chain operations. By completing this program, learners will gain a deeper understanding of the complexities involved in healthcare purchasing and be equipped to drive value-based purchasing initiatives in their organizations.

MBA with Professional Certificate in Healthcare Purchasing Strategies is an ideal program for aspiring healthcare professionals seeking to enhance their skills in strategic purchasing. This comprehensive course offers key benefits such as improved negotiation skills, enhanced decision-making abilities, and increased knowledge of healthcare market trends. Upon completion, graduates can expect exciting career prospects in healthcare purchasing, procurement, and management. The program's unique features include a focus on data-driven decision-making, collaboration with industry experts, and a professional certificate that sets you apart in the job market. Develop your expertise in healthcare purchasing strategies and take your career to the next level. (3)

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


Healthcare Supply Chain Management •
Purchasing Strategies in Healthcare •
Healthcare Cost Containment •
Pharmaceutical Purchasing Strategies •
Medical Device Procurement •
Healthcare Contract Management •
Supply Chain Risk Management •
Healthcare Value Analysis •
Procurement Policy Development •
Healthcare Cost Analysis

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)

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

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about MBA with Professional Certificate in Healthcare Purchasing Strategies

The MBA with Professional Certificate in Healthcare Purchasing Strategies is a unique and specialized program designed to equip students with the knowledge and skills required to succeed in the healthcare industry.
This program is ideal for individuals who want to transition into a career in healthcare purchasing or enhance their existing skills in this field.
Through this program, students will learn about the strategic and operational aspects of healthcare purchasing, including supply chain management, contract negotiation, and vendor management.
The learning outcomes of this program include the ability to analyze complex healthcare purchasing issues, develop effective purchasing strategies, and implement cost-saving initiatives.
The duration of this program is typically 12-18 months, depending on the institution and the student's prior experience.
The program is designed to be completed in a part-time or full-time format, allowing students to balance their studies with their existing work or other commitments.
The industry relevance of this program is high, as the demand for skilled healthcare purchasing professionals continues to grow.
Many healthcare organizations require their purchasing staff to hold a professional certification, such as the Certified Healthcare Purchaser (CHP) designation.
Graduates of this program will be well-prepared to pursue careers in healthcare purchasing, contract management, or supply chain management, and will have a competitive edge in the job market.
The program is also relevant to students who are interested in pursuing a career in healthcare management or administration, as it provides a strong foundation in the operational aspects of healthcare delivery.
Overall, the MBA with Professional Certificate in Healthcare Purchasing Strategies is a valuable and respected credential that can open doors to new career opportunities in the healthcare industry.

Why this course?

Healthcare Purchasing Strategies are gaining significant importance in today's market, driven by the need for efficient and cost-effective healthcare services. In the UK, the National Health Service (NHS) spends over £130 billion annually on healthcare services, with procurement playing a crucial role in managing these costs.
Year GDP Growth Rate Healthcare Expenditure as % of GDP
2015 2.2% 9.9%
2016 2.1% 10.1%
2017 2.0% 10.3%
2018 1.9% 10.5%
2019 1.8% 10.7%

Who should enrol in MBA with Professional Certificate in Healthcare Purchasing Strategies?

Ideal Audience for MBA with Professional Certificate in Healthcare Purchasing Strategies Healthcare professionals seeking to enhance their purchasing skills and knowledge in the UK, with a focus on those working in NHS trusts, private healthcare providers, and pharmaceutical companies.
Key Characteristics: Professionals with a minimum of 2-3 years of experience in healthcare purchasing, with a strong understanding of the UK's National Health Service (NHS) and its procurement processes.
Career Goals: Individuals aiming to progress to senior purchasing roles, such as Category Manager or Procurement Director, or seeking to transition into related fields like healthcare management or consulting.
Prerequisites: A bachelor's degree in a relevant field, such as business, healthcare, or a related discipline, and a strong understanding of business acumen, finance, and procurement principles.