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An MBA af an accredited school is much more beneficial than the masters in healthcare. Honestly most hospital leaders will tell you that an MBA is all you’ll need. I would go for that, and a six sigma green or black belt. Those two together with excellent experience would be key. Or look into an accredited MBA MHA program. Those are highly beneficial.
I third this comment, I’ve worked in hospital admin and it’s absolutely true.
If you’re looking to stay in healthcare look for programs that have dual MBA/MHA Master’s degrees, and make sure they’re CAHME accredited.
I would say earn a MBA and then MHA. I completed my MBA from Northwest Missouri State University (online) then I went to earn my MHA at University of St. Francis at Fort Wayne Indiana (online). Since I had my MBA Before the MHA, I only had to take 8 courses to complete my MHA.
I would recommend an MBA/MHA CAHME approved program. If CEO is your intention, plan on applying for fellowships post graduation. They are tricky to get but are a fast way to move up in your career. Become active in ACHE and try to network as much as you can. If you have the opportunity to compete in healthcare competitions, do it! It will look great on your resume (which is what will help you stand out during a fellowship application) Lastly, a lot of CEOs have a finance background, most have CPA licensure. If pursuing the MBA/MHA program, definitely look to see if you can do your concentration in accounting or finance. Best of luck!
Also most hospital CEO’s are physicians. Target COO.
Also not true.
I really recommend going to a great MHA program that focuses on having their students do fellowships post-grad. UAB is one of the top programs because their graduation is dependent on a fellowship. It allows you to work directly under leadership. I completed my MHA but only got through 2 rounds of fellowship interviews. CAHME accreditation is important and I’ve had a lot of peers do MHA/MBA and they said it really wasn’t necessary. I don’t think it is unless you want to really get a lot deeper in finance/accounting
You need a MBA for any chief role at a hospital
I’m at a teaching hospital and most that I have seen are faculty and MDs. When I worked at two other facilities they weren’t Clinical.
I was once given this advice from an enrollment counselor on this very topic. He told me if you’re someone that has spent you’re career in a clinical role then I would suggest a MBA in healthcare management because it exposes you to the business side of things that you don’t necessarily get while working in a clinical role. If you are someone who is trying to break into healthcare then going the MHA route is probably the best route. That being said, I think both degrees are very beneficial and you probably need one of them in order to get to where you want to go. I went the MBA route and don’t regret it. Good luck with whatever you choose!
Executive Masters of Business Administration from Texas Woman’s University ….. EMBA TWU