EXECUTIVE MBA FOR HEALTHCARE LEADERSHIP

Implementing a Remote-Order-Entry Pharmacy Service

The senior vice president of pharmacy for a hospital system with more than 42,000 employees and 100 hospitals worked with Randy Bradley, assistant professor of information systems and supply chain management at Haslam, to propose a proof-of-concept program for implementing a remote-order-entry pharmacy service for after-hours order review in 10 hospitals.

Although the proposal emphasized pharmacy job satisfaction, its ultimate significance was in the improvement of patient care and safety. The fiscal goal of the proposal was to break even on cost through savings generated by reduced pharmacist and nurse turnover. Initial conservative estimates showed these savings covered 43% - 88% of the service cost. 

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Implementing a Remote-Order-Entry Pharmacy Service

The senior vice president of pharmacy for a hospital system with more than 42,000 employees and 100 hospitals worked with Randy Bradley, assistant professor of information systems and supply chain management at Haslam, to propose a proof-of-concept program for implementing a remote-order-entry pharmacy service for after-hours order review in 10 hospitals.

Although the proposal emphasized pharmacy job satisfaction, its ultimate significance was in the improvement of patient care and safety. The fiscal goal of the proposal was to break even on cost through savings generated by reduced pharmacist and nurse turnover. Initial conservative estimates showed these savings covered 43% - 88% of the service cost. 

Through data tracking, the proposal was able to show a break-even program and patient care was advanced at the same time.


Growing a Toxicology Laboratory into a Marketplace Force

The vice president of business operations for a forensic toxicology laboratory with 30 employees in Nashville sought to grow her company into a competitive marketplace force.

The lab, which specializes in sports organizations, medical examiners, crime labs, physicians and pain management clinics, was struggling financially at the time. Its leadership team was very serious about return on investment – requiring at least $10 for every dollar invested into its VP’s Executive MBA program. That return on education investment ultimately capped out at more than $2,000 per dollar spent, and the business now boasts approximately 280 people.

Read more

Growing a Toxicology Laboratory into a Marketplace Force

The vice president of business operations for a forensic toxicology laboratory with 30 employees in Nashville sought to grow her company into a competitive marketplace force.

The lab, which specializes in sports organizations, medical examiners, crime labs, physicians and pain management clinics, was struggling financially at the time. Its leadership team was very serious about return on investment – requiring at least $10 for every dollar invested into its VP’s Executive MBA program. That return on education investment ultimately capped out at more than $2,000 per dollar spent, and the business now boasts approximately 280 people.

The key to this success was the Organizational Action Project component of the Haslam Executive MBA. In this case, the VP was guided through the production of the company’s first real business plan. What followed was a new management approach, business structure and marketing strategy that opened up opportunities for growth.


Assessing Mid-Level Mangers’ Performance and Activities

The vice president of operations for one of the nation’s largest providers of behavioral and mental health services used the Organizational Action Project component of his Haslam Executive MBA for Healthcare Leadership to assess the activities and performance of mid-level managers. He helped them improve performance by analyzing health data gathered through Fitbit monitors and comparing it with data on budget expectations, revenue and net income.

The VP described his experience at Haslam as an opportunity to grow as an individual and immediately add value back to his company.

 

Assessing Mid-Level Mangers’ Performance and Activities

The vice president of operations for one of the nation’s largest providers of behavioral and mental health services used the Organizational Action Project component of his Haslam Executive MBA for Healthcare Leadership to assess the activities and performance of mid-level managers. He helped them improve performance by analyzing health data gathered through Fitbit monitors and comparing it with data on budget expectations, revenue and net income.

The VP described his experience at Haslam as an opportunity to grow as an individual and immediately add value back to his company.