A new business certificate course will be offered to residents.
A new business certificate course will be offered to residents.

In conjunction with the University of Houston Clear Lake School of Business, UTHealth Medical School will offer a Certificate in Healthcare Management.

This new program will be available to all UTHealth residents as an elective starting in the spring of 2016.

The program seeks to help prepare graduates for the complex medical world of finance, regulations, partnerships, and management.

“Through our bedside teaching and discussions, we strive to practice medicine as an exemplary art and science,” explained program director Dr. Michael W. Bungo.  “Medicine is a business as well.  It is a very large business.  Healthcare consumes $2.7 trillion each year in the United States.”

The course will be offered several times per year to provide some flexibility with GME schedules. Residents who select the elective will spend four weeks of their time engaged in classwork covering topics such as healthcare economics/policy, healthcare finance/accounting, billing/coding, quality improvement programs, healthcare IT issues, contract negotiation/legal aspects of medicine, leadership/management essentials, entrepreneurship/marketing, and strategic management/planning.

Memorial Hermann-Texas Medical Center has agreed to underwrite some of the costs, such as resident salaries, during this elective.

A dual MD/MBA program for UTHealth medical students began in 2013 and allows students to receive both degrees in 5 years. The business aspect of the program is taught by UCHL faculty.

For more information on the MD/MBA program, please see the website.