hcceu5000 | Graduate

Business Strategy In Health Care Organizations

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Each function in an organization has a role in the successful operation of a business. It is critical for health administration professionals to understand how functions interact in the successful execution of a business strategy. The health care manager or leader must understand how to adapt strategies to meet health care demands and stay in compliance within a constantly changing business environment. This course concentrates on the health care industry's business model and focuses on approaches used in the execution of a business strategy including how an organization's mission and vision supports the execution of that business strategy. Students will learn about writing effective goal statements, developing action plans, and the use of the balanced scorecard in the implementation of strategic goals. This course provides 0.8 continuing education units in two, 4-hour workshops.

This graduate-level course is 2 To enroll, speak with an Enrollment Representative.

Course details:

Credits: 0
Continuing education units: XX
Professional development units: XX
Duration: 2

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    Developing the Strategy

    • Distinguish the roles of and relationship among organizational vision, mission, values, strategy and goals
    • Evaluate the effectiveness of goal statements using SMART goal criteria
    • Describe key factors in the strategic context of the health care industry

    Executing the Strategy

    • Identify the characteristics of a business execution culture
    • Explain how balanced scorecards and action plans are used to achieve a strategy
    • Construct a department-level action plan to support an organizational strategy
    Tuition for individual courses varies. For more information, please call or chat live with an Enrollment Representative.

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    While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Representative.

    Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.