The Business Ticker: Updates from the CalSouthern School of Business

Aug 28, 2013 by University Communications

The business landscape has become a moving target, ever-changing and more fast-moving than ever before. While the economy has slowed in pace, growth in certain business sectors has remained constant and, in fact, some of these sectors are poised to grow at an even faster clip.

The question most Americans are asking is, “Where are the jobs?” In a book titled “Where the Jobs Are Now,” Joe Watson examines what industries are actually hiring. Watson identifies seven industries experiencing a boom right now. The healthcare sector is prominently represented.

A report to the president from the President’s Council of Advisors on Science and Technology emphasizes the importance of realizing the full potential of health information technology to improve healthcare for Americans. In addition, the report examines how health information technology could significantly reduce healthcare costs, and whether existing federal efforts in health information technology are truly optimized for these goals.

Specifically, the area of healthcare informatics is one that offers a dynamic and rewarding career in healthcare, while augmenting and improving patient care. Healthcare informatics can be defined as bringing together healthcare-generated information with technology for the purpose of improving the quality of care in a cost-effective manner; it’s essentially the amalgam of healthcare, information technology, education and people.

CalSouthern Launches MBA Electives and Concentration in Healthcare Administration

 

California Southern University is pleased to announce its MBA program’s newest elective course offerings in healthcare administration. The seven new courses will allow CalSouthern learners to engage in high-level curriculum centered on the growing healthcare industry. The electives are comprised of cutting-edge topics from the forefront of the field, ranging from healthcare informatics and epidemiology to the economics of healthcare, compliance and the law, to quality control and cultural diversity within healthcare. By taking 15 units of healthcare courses, students will receive a concentration in healthcare administration upon completion of their MBA program. “Career-wise, it’s always important to stay ahead of the curve. Projections on government funding and other data are telling us that healthcare is going to be experiencing significant growth—and generating a significant number of jobs—for the foreseeable future,” says CalSouthern School of Business Dean Dr. George Sayegh. “The courses that make up the concentration in healthcare administration have been carefully designed to address the issues and solutions professionals face at hospitals each day, and to give learners the knowledge and practical skills they need for managerial and directorial positions within the medical world.” For those interested in this technologically driven, fast-moving and growing industry, a concentration in healthcare at CalSouthern may be the perfect opportunity to stay ahead of the curve.

Health information management (HIM) is a diverse, yet evolving field that incorporates medicine, management, finance, information technology and law into one dynamic career path. According to the Bureau of Labor Statistics, demand for HIM professionals will increase by a whopping 20 percent through 2018!

The graphic below, from the Health Information Careers website published by the American Health Information Management Association (AHIMA), depicts career opportunities offered at various levels. It also indicates promotional and transitional pathways for career advancement within the healthcare field.

HIM ManagerExamples of technologies and applications of informatics in healthcare include data mining, electronic medical records, speech recognition, artificial intelligence, healthcare delivery and database systems management. The uses and benefits of healthcare informatics are many, but most important, it enhances the quality of healthcare while reducing the associated costs.

At California Southern University, the School of Business is poised to prepare learners to meet the needs of the healthcare field by offering curriculum that is cutting-edge and which addresses the trends and opportunities described above. In the MBA program, business elective courses concentrating in healthcare administration are now being offered. As an example, course HCA 86810 Healthcare Informatics provides the learner with the fundamentals of healthcare delivery systems, health information management and health information systems based on the core competencies as defined by AHIMA—it’s what students need to know for a career in healthcare informatics. In HCA 86810, students will explore delivery fundamentals, accreditation, regulations, electronic records, coding and reimbursement. They will also learn the importance of healthcare transactions, billing, health statistics, research and decision-making processes.

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