MBA with Professional Certificate in Healthcare Vendor Management

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International Students can apply

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MBA with Professional Certificate in Healthcare Vendor Management

Overview

Healthcare Vendor Management

is a specialized field that requires expertise in managing relationships with healthcare vendors. This MBA with Professional Certificate in Healthcare Vendor Management program is designed for professionals who want to develop the skills needed to effectively manage these relationships.

Learn how to negotiate contracts, manage vendor performance, and ensure compliance with regulatory requirements.

Some of the key topics covered in this program include: vendor selection, contract management, and performance evaluation.

Develop the knowledge and skills needed to succeed in this critical role and take your career to the next level.

Explore this program further and discover how you can apply your skills and knowledge to drive success in healthcare vendor management.

MBA with Professional Certificate in Healthcare Vendor Management is a comprehensive program that equips you with the skills to effectively manage healthcare vendors, ensuring optimal results. This course offers key benefits such as enhanced vendor negotiation skills, improved contract management, and better supply chain optimization. With a strong focus on healthcare vendor management, you'll gain expertise in managing relationships, negotiating contracts, and ensuring compliance. Career prospects are vast, with opportunities in healthcare administration, procurement, and consulting. Unique features include a professional certificate upon completion, and access to a network of industry experts. (22)

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

•
Contract Management in Healthcare Vendor Management •
Healthcare Supply Chain Optimization •
Vendor Relationship Management in Healthcare •
Healthcare Cost Containment Strategies •
Healthcare Compliance and Risk Management •
Strategic Sourcing in Healthcare •
Healthcare Procurement Best Practices •
Value-Based Contracting in Healthcare •
Healthcare Vendor Performance Evaluation •
Healthcare Contract Negotiation Techniques

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

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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 Vendor Management

The MBA with Professional Certificate in Healthcare Vendor Management is a specialized program designed to equip professionals with the necessary skills to effectively manage vendor relationships in the healthcare industry.
This program focuses on teaching students how to negotiate contracts, manage vendor performance, and ensure compliance with regulatory requirements.
Upon completion, students will have gained a deep understanding of the complexities of healthcare vendor management and be able to apply this knowledge in real-world settings.
The learning outcomes of this program include the ability to analyze vendor performance data, develop and implement vendor management strategies, and communicate effectively with vendors and stakeholders.
The duration of the program is typically 12-18 months, depending on the institution and the student's prior experience.
The program is designed to be completed in conjunction with an MBA degree, but it can also be taken as a standalone professional certificate.
The industry relevance of this program is high, as the healthcare industry is constantly evolving and requires professionals who can effectively manage vendor relationships to ensure quality patient care.
The program is also relevant to professionals working in related fields, such as healthcare administration, supply chain management, and business development.
By completing this program, students will have gained a competitive edge in the job market and be able to pursue careers in vendor management, healthcare administration, or related fields.
The program is designed to be flexible and can be completed online or on-campus, making it accessible to professionals with busy schedules.
Overall, the MBA with Professional Certificate in Healthcare Vendor Management is a valuable program that can help professionals develop the skills and knowledge needed to succeed in the healthcare industry.

Why this course?

Professional Certificate in Healthcare Vendor Management is a highly sought-after credential in today's market, particularly in the UK. According to a survey by the Chartered Institute of Procurement and Supply (CIPS), the demand for procurement professionals with expertise in healthcare vendor management is expected to increase by 15% by 2025 (Source: CIPS, 2020).
Year Growth Rate
2020 5%
2021 8%
2022 12%
2023 15%
The increasing demand for healthcare services has led to a surge in the number of healthcare vendors, making it essential for procurement professionals to have expertise in vendor management. A study by the National Health Service (NHS) found that effective vendor management can result in cost savings of up to 10% (Source: NHS, 2019).

Who should enrol in MBA with Professional Certificate in Healthcare Vendor Management?

Ideal Audience for MBA with Professional Certificate in Healthcare Vendor Management Healthcare professionals, particularly those in procurement and vendor management roles, are the primary target audience for this programme.
Key Characteristics: Typically hold a bachelor's degree in a relevant field, with 2-5 years of experience in procurement or a related field, and a strong understanding of the UK's National Health Service (NHS) and its procurement processes.
Career Goals: Those seeking to advance their careers in healthcare procurement, vendor management, or a related field, with a focus on improving efficiency, reducing costs, and enhancing patient outcomes.
Skills and Knowledge: Develop a deep understanding of healthcare procurement principles, vendor management strategies, and the NHS's procurement framework, as well as skills in data analysis, contract management, and stakeholder engagement.