Cardiovascular Business and Management Essentials Program

Credits:

You will earn a Wharton Online Certificate*

Type:

Course

The student limit for Cohort 1 has been reached and registration is now closed. Sign up to be notified about Cohort 2.

master the business of cardiovascular care

MedAxiom has partnered with Wharton Online to develop a first-of-its-kind business and management program designed specifically for cardiovascular professionals. Receive world-class education from top business leaders to advance your career and organization.

PROGRAM THEMES


Program Dates
November 21, 2022 - Early March 2023

Program Format
Online: 11 Live Sessions with Wharton Faculty + 12 Weeks of Asynchronous Content (2-3 Hours/Week)

Course overview and syllabus

The Cardiovascular Business and Management Essentials Program is an exclusive partnership between the Aresty Institute of Executive Education of the Wharton School of the University of Pennsylvania and MedAxiom. The program is designed to equip cardiovascular clinicians and administrators with the tools and techniques for defining and achieving personal and professional success with a focus on healthcare operations, economics, change leadership and people management. Review the syllabus for complete program information, including a schedule. 

Download Syllabus

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Module 1: Healthcare Operations

The word "operations" derives from the Latin “opus,” and opus means work. So by definition, operations is about work. This module offers an introduction to operations management: after completing the course, you will be able to use a systematic approach for analyzing and improving your work in healthcare settings. This will benefit patients, teams of care providers, and staff. The course includes an examination of inefficiencies resulting from the three system inhibitors: waste, variability and inflexibility. And it provides methods, including creation of charts and graphs, for engaging in the ongoing process of reducing these negative impacts without sacrificing quality of care.

1.1 - Introduction to Healthcare Operations
1.2 - Lean Operations and Viability in Healthcare
1.3 - Flexibility and Agility
1.4 - Managing the Service Organization

Module 2: Healthcare Economics

In health economics, you will explore the application of economic principles to the healthcare sector. By recognizing the importance of scarcity and incentives, this module’s content focuses on the critical economic issues in producing, delivering and financing healthcare. And through both the lectures and your discussions with your peers, you will learn to analyze determinants of demand for medical care, the unique role of physicians in resource allocation, the role of health insurance, and competition in medical care markets.

2.1 - Principles of Healthcare Economics
2.2 - Insurance
2.3 - Physicians, Hospitals and Related Care
2.4 - Regulation and Integration

Module 3: Healthcare Leadership and Management

This module draws on writings, cases, exercises and your own experience to explore the foundations of leadership with the goals of increasing knowledge, and advancing the practical skills of individuals, groups or organizations. This module also focuses on effectively building, developing and maintaining employees for your practice by helping you identify the key steps in hiring, acknowledging both successful strategies as well as the pitfalls which exist in the traditional hiring process.

3.1 - Making a Difference with Leadership
3.2 - Thinking and Acting Strategically
3.3 - Creating a High-Performance Architecture
3.4 - People Management in Healthcare

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Who is this program for?

Healthcare professionals interested in understanding the business of cardiovascular care and gaining management skills, including:

  • Administrators
  • Physicians
  • Nurses and advanced practice providers
  • Industry leaders

THE METHODOLOGY

This 15-week, self-paced online program includes:

  • 13 weeks asynchronous + embedded synchronous sessions. Key dates:
    • Nov. 21, 2022: Course opens; review program materials and prepare for kickoff (Week 0)
    • Nov. 28, 2022: Live online program kickoff session
    • Dec. 2, 2022 - Feb. 24, 2023: Nine one-hour faculty-led synchronous sessions
    • Early March (Date and Time TBD): Program wrap-up session
  • Two reading weeks are integrated into the program for learners to catch up on coursework:
    • Dec. 24, 2022 – Jan. 2, 2023: Reading Week #1
    • Feb. 27, 2023 – March 3, 2023: Reading Week #2

Expectations:

  • Watch all lecture content
  • Complete required assessments for all modules

Passing Grade: A score 7/10 (or 70%) is the minimum passing grade for each assessment

*Certificate: Participants who meet the program requirements outlined in the syllabus will be issued a digital badge and certificate from Wharton Online.

Credits: This course does not offer CME/CEU credits at this time. Explore the MedAxiom Academy Catalog for other online learning offerings that provide CME/CEU credits.

LEAD FACULTY

Christian Terwiesch, PhD​

Andrew M. Heller Professor; Professor of Operations, Information and Decisions; Co-Director, Mack Institute of Innovation Management, The Wharton School; Professor of Health Policy, Perelman School of Medicine, University of Pennsylvania; Chairperson, Operations, Information and Decisions Department

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Guy David, PhD

Alan B. Miller Professor of Health Care Management, The Wharton School; Professor of Medical Ethics and Health Policy​, Perelman School of Medicine; Chairperson, Health Management Department

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Jerry Blackwell, MD, MBA, FACC

President and CEO, MedAxiom

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Cathleen Biga, MSN, RN, FACC

Past Chair, MedAxiom Board of Managers; ACC Trustee; President and CEO, Cardiovascular Management of Illinois

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Ginger Biesbrock, DSC, PA-C, FACC

Executive Vice President of Care Transformation, MedAxiom

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 *Please note that participation in this program (a) will not result in a degree from, alumni status with, or earned credit at the University of Pennsylvania or the Wharton School (or, to Wharton’s knowledge, any other institution); (b) will not be recorded on a University of Pennsylvania or Wharton transcript; and (c) does not guarantee or suggest that a participant will be admitted to the University of Pennsylvania, the Wharton School, or to any other university or institution. 

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