South Florida Hospital News
Thursday October 17, 2019
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November 2018 - Volume 15 - Issue 5

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Mastering the New Business of Health and Healthcare

Healthcare providers and healthcare systems have common fundamental goals – improving clinical and health outcomes, expanding and facilitating access to all healthcare services across the full continuum of care, and optimizing cost and efficiency. The ability to achieve these goals, however, is severely constrained by a range of critical challenges. These include, but are not limited to, an aging population, an increasing burden of chronic diseases, payment and delivery systems with misaligned incentives, and government policies and regulations that, at times, can be cumbersome. Total healthcare spending continues to grow with most of the spending consumed by the leading causes of mortality — heart disease, stroke, cancer, chronic respiratory diseases, and diabetes.

What has made tackling these challenges even more difficult is the disjointed and inefficient nature of how healthcare is delivered. Healthcare practitioners operate in healthcare systems that have traditionally rewarded volume of care over value of care. While there is a push to move away from fee-for-service or procedure-based payment and delivery systems to focus on value-based systems, the overall system remains typically highly fragmented, siloed and disconnected — leading to inefficient, uncoordinated care and waste of scarce resources. In short, the current system is struggling to deliver high-quality, affordable and easily accessible care that maintains and/or returns people to fuller, more productive lives.
 
A more coordinated and connected system across the full continuum of care is needed where smart technologies empowers both providers to deliver better care to patients and patients to better manage their own care throughout their health journey.
 
As the U.S. health system continues to undergo transformation and we move beyond delivering health care within the walls of a hospital, the H. Wayne Huizenga College of Business and Entrepreneurship at Nova Southeastern University has developed a novel MBA program with a concentration in Complex Health Systems. This one-of-a-kind program provides a comprehensive, flexible, transdisciplinary, and team-based building degree, exposing students to the full continuum of our health system – taking a look at the upstream, midstream and downstream factors impacting the management of health and health care delivery in the United States.
 
The program focuses on the new business of health—the intersection of technology, research, and innovation and is poised to prepare tomorrow’s leaders and agents of change who will develop innovative approaches to successfully tackle health and healthcare management challenges of today and tomorrow.

For more information about the program, please contact Professor François Sainfort, Director of the Complex Health Systems Program, H. Wayne Huizenga College of Business and Entrepreneurship, Nova Southeastern University, at fsainfort@nova.edu.

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