MBA with Professional Certificate in Strategic Healthcare Cost Management

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International Students can apply

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MBA with Professional Certificate in Strategic Healthcare Cost Management

Overview

Strategic Healthcare Cost Management

is designed for healthcare professionals seeking to optimize cost management in the industry. This MBA with Professional Certificate program equips learners with the skills to analyze and improve healthcare costs, ensuring better patient outcomes and organizational efficiency. Cost containment is a critical aspect of healthcare management, and this program provides the necessary tools and expertise to achieve it. By understanding the complexities of healthcare cost management, learners can develop effective strategies to reduce costs without compromising patient care. The program focuses on strategic planning and cost analysis techniques, enabling learners to make informed decisions that drive business growth and profitability. With a strong foundation in healthcare cost management, learners can take on leadership roles or pursue careers in healthcare consulting, policy development, or management. Explore the possibilities of a career in healthcare cost management and discover how this program can help you achieve your goals.

Strategic Healthcare Cost Management is a game-changing MBA program that equips you with the skills to optimize healthcare costs and drive business success. By combining a comprehensive MBA with a professional certificate, you'll gain a unique edge in the job market. With this program, you'll learn to strategize cost management, negotiate with suppliers, and implement data-driven decisions. The course features real-world case studies and expert guest lectures, ensuring you're prepared to tackle the complexities of healthcare cost management. Upon completion, you'll be eligible for a range of career opportunities, including healthcare consultant and cost management specialist. (7)

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-Benefit Analysis in Healthcare Cost Management •
Healthcare Cost Containment Strategies •
Strategic Cost Reduction Techniques •
Value-Based Healthcare: A Cost Management Perspective •
Healthcare Financial Management: Budgeting and Forecasting •
Cost Accounting in Healthcare Organizations •
Healthcare Cost Control Measures •
Strategic Sourcing in Healthcare Supply Chain Management •
Healthcare Cost-Benefit Analysis Tools and Techniques •
Cost Management in Healthcare: A Risk Management Approach

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 Strategic Healthcare Cost Management

The MBA with Professional Certificate in Strategic Healthcare Cost Management is a specialized program designed to equip students with the knowledge and skills necessary to effectively manage healthcare costs in a strategic manner.
This program is ideal for healthcare professionals, administrators, and executives who want to enhance their expertise in cost management and improve the overall efficiency of healthcare organizations.
The learning outcomes of this program include understanding the principles of healthcare cost management, developing strategic plans to reduce costs, and implementing cost-saving initiatives.
Students will also learn about the latest trends and best practices in healthcare cost management, including data analysis, budgeting, and financial planning.
The duration of this program is typically 12-18 months, depending on the institution and the student's prior experience and education.
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 organizations are constantly seeking ways to reduce costs and improve efficiency.
By completing this program, graduates will be well-positioned to take on leadership roles in healthcare cost management and make a significant impact on the industry.
The program is also relevant to the broader field of business and management, as cost management is a critical component of strategic planning and decision-making.
Overall, the MBA with Professional Certificate in Strategic Healthcare Cost Management is a valuable investment for individuals who want to advance their careers in healthcare cost management and make a meaningful contribution to the industry.

Why this course?

Strategic Healthcare Cost Management is a highly sought-after skill in today's market, particularly in the UK where the National Health Service (NHS) is under increasing pressure to manage costs without compromising patient care. According to a report by the NHS, the total healthcare expenditure in England is expected to reach £154 billion by 2023-24, highlighting the need for effective cost management strategies.
Year Healthcare Expenditure (£ billion)
2019-20 134.9
2020-21 140.4
2021-22 146.9
2022-23 154.0

Who should enrol in MBA with Professional Certificate in Strategic Healthcare Cost Management?

Ideal Audience for MBA with Professional Certificate in Strategic Healthcare Cost Management Healthcare professionals, particularly those in management roles, looking to enhance their skills in cost management and strategic planning in the UK healthcare sector.
Key Characteristics: Typically hold a bachelor's degree in a relevant field, with 2-5 years of experience in healthcare management, and a strong interest in cost management and strategic planning.
Career Goals: Seeking to develop expertise in strategic cost management, improve operational efficiency, and contribute to the development of cost-effective healthcare services in the UK.
Target Industry: NHS trusts, private healthcare providers, and healthcare consulting firms in the UK, with a focus on cost management, strategic planning, and operational improvement.
Relevant Skills: Analytical, problem-solving, and communication skills, with experience in healthcare management, cost control, and strategic planning.