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Students work in groups to solve a given problem with entrepreneurial business techniques

Create a Health Care Revolution

MS IN HEALTH CARE INNOVATION CURRICULUM

Learn Strategies to Transform Health Care

Gain a comprehensive set of skills to lead successful innovation initiatives. The MS in Health Care Innovation degree is based on the foundation of three core principles needed in health care:

  • Customer experience
  • Innovation
  • Lean execution
Experience a unique merger of student-centered on-campus classes and online coursework. The flexible program helps you balance your competing demands, reach your goals and earn a robust graduate business degree in a single year. The 31.5-credit degree plan features:
  • A cohort model to maximize instructor attention and build peer relationships
  • An innovative blend of on-campus, hybrid (mix of in-person and online), and fully online courses with only one Saturday every seven weeks on campus for core modules
  • An all-encompassing capstone project to answer a current industry problem

Plan Out Your Degree

Follow this sample degree plan to complete the MS in Health Care Innovation in one year. An asterisk (*) denotes courses that are combined with MS in Health Care Communication.

Leading Self and Others
September
Overview of Health Care Systems*
September – October
Accounting in the Health Care Industry
September – November
Strategic Management in Health Care*
October – December
Financial Literacy in the Health Care Industry
November – December
Leading Self and Others
September
Overview of Health Care Systems*
September – October
Accounting in the Health Care Industry
September – November
Strategic Management in Health Care*
October – December
Financial Literacy in the Health Care Industry
November – December
Operations Management
January
Innovation and Corporate Entrepreneurship
February – March
Storytelling: Influencing Organizations
February – March
Marketing Management*
March – May
Leading Change and Human Capital
March – May
Operations Management
January
Innovation and Corporate Entrepreneurship
February – March
Storytelling: Influencing Organizations
February – March
Marketing Management*
March – May
Leading Change and Human Capital
March – May
Health Care Integrated Study
June – July
Health Care Integrated Study
June – July

Core Classes

Courses are offered in a hybrid format (on-campus and online) unless otherwise noted.

(MGMT 603) - 3 Credits

This course is the taken during an on-campus immersion week that kicks off the program.

Leadership is about insight, initiative, influence and impact. You will explore principled leadership in this class, gaining a framework and skillset for developing your ability to make meaningful impact within dynamic and complicated organizations. Leading self and others incorporates insight into individual strengths and diversity, interpersonal and team dynamics, taking initiative and having influence both with and without formal authority, and examining the larger impact on organizational systems and the common good.


(MGMT 630) - 3 Credits

Get an accurate understanding of the various components of the health care system (providers, consumers, payers and third parties) and how they interrelate. Learn about issues, motivations and incentives that influence all parts of the system. Gain an understanding of the political and social environment in which they operate.


(ACCT 603) - 3 Credits

This course familiarizes non-financial professionals with financial statements, accounting terminology and analytical techniques. Get an understanding of how organizations use information gained from financial accounting systems in decision making, planning and control, and performance evaluation. Topics covered include data accumulation and allocation processes, application of accounting data to solving managerial problems, and strategic implications and limitations of both data and accounting systems.


(MGMT 698) - 3 Credits

An integrative approach to the formulation and implementation of organizational strategy and policy, this course focuses on organizational performances as it relates to mission, goals and objectives. You will get practice defining multi-faceted problems and their causes, analyzing internal and external environments, reviewing key corporate and business strategies, formulating alternative strategic options and addressing the challenges of implementation. Emphasis is on the ethical dimensions of problem solving at the general management level. The course will draw upon the analytical tools and managerial knowledge developed in all previous courses, with application to both for profit and nonprofit organizations.


(FINC 620) - 1.5 Credits

Learn and apply the fundamental finance tools and concepts essential for a manager, with emphasis on the health care sector. Explore topics including: value maximization and the finance model of the organization, evaluating financial results, the basics of time value of money, financial decision-making criteria, and budgeting basics. Learn an analytical framework that can be consistently applied to make financial decisions.


(OPMT 610) - 1.5 Credits

Operations management focuses on planning, coordination and control of activities involved in the transformation of resources into goods and services.  Operations management covers a very broad spectrum of functions involving business process improvement, supply chain, six-sigma quality, lean production, workforce design, management of technology, and certain aspects of business analytics. The course will provide an overview of various operations management functions, and emphasize understanding of basic concepts and techniques in the operations management area that are essential for efficient and effective management of productive systems.


(ENTR 707) - 3 Credits

Designed for entrepreneurs, managers and consultants interested in creating and reinforcing entrepreneurial responses within established organizations, this course examines how managers affect the nature and rate of innovation through organizational culture, structure, communication, rewards and control systems. Emphasis is placed on how individuals initiate, launch and manage ventures within organizational settings.


(MGMT 714) - 3 Credits

Learn principles that effectively link storytelling to influencing business outcomes. Our business culture demands concise and meaningful communications that can both inform and influence decision makers. This course is designed to teach you principles and skills that enhance your thinking about data and the use of a variety of communications channels to facilitate positive business decisions. Explore the meaning of information and its effect on organizational strategy and culture; be able to build a structured thinking process or informational dashboard to tell a compelling story; and gain skills in confidently understanding and using information to influence outcomes. The two core purposes for the course are to: (1) learn the principles of presenting information that makes an emotional connection to the listener framed by organizational strategy and culture; and (2) refine your storytelling capabilities.


(MKTG 600) - 3 Credits

One of the fundamental purposes of a marketing-driven organization is the creation, communication and delivery of value to individuals and/or organizational customers. This course offers a managerial approach to the study of strategic market decision making. Specifically, you will build a conceptual foundation for understanding and analyzing marketing situations. In addition, you will discuss substantive and practical elements involved in the process of developing, pricing, distributing and promoting services (and goods) that provide customer solutions and deliver differentiated customer value.


(MGMT 746) - 3 Credits

The ability to adapt an organization in response to the environmental market and internal changes is crucial for maintaining a competitive advantage. It requires the alignment of employees and key organizational systems with evolving market strategies and customers, which is a complex activity that emerges over time. Learn how leaders align their workforce strategy with evolving market strategies to sustain retention, engagement and performance of high talent employees. Explore topics including: system dynamics, effective change management strategies and approaches, how to identify and develop high talent employees and succession, strategic redesign of work and the organization, and how to measure the return on investment of people.


(MGMT 734) - 3 Credits

Prepare a major study of an issue or project of your choice that integrates knowledge, attitudes and skills developed during the program. Demonstrate competence in critical thinking and solve complex, significant issues in health care. Present your findings and recommendations to the faculty and your colleagues in both written and oral presentations.


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Get in Touch

The St. Thomas Opus College of Business is an incredible place to learn, meet inspiring peers and mentors, and build a strong career path. But don’t just take our word for it—experience St. Thomas firsthand. Visit a class, attend an info session, or chat with the admissions team.