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value, though I still wanted to know Wynne sees a trend in medical more about health-related management school curricula across the country to policy. So after a year’s hiatus, I got a incorporate more business education. master’s of public health (MPH) degree But he also notes that the MBA is not at the University of Michigan.” for everybody. So what’s the bottom-line reason “It’s a great complement to the MD for tackling an MBA once a person has degree if you’re interested in health survived the long rigors of medical care management, where you’re school and internships? dealing with broader policy issues,” “As a physician, you’re dealing said Wynne. with individuals, with health care at the Today, an increasing number of personal level,” Wynne said. “But the U.S. medical schools offer so-called MBA broadens that perspective to dual-track business degree programs, analyzing not just where a graduate gets individuals but both an MD degree and communities. The an MBA; schools of combination of a osteopathy are likewise medical degree, an following suit. MBA, and an MPH “We certainly believe The physician/MBA gave me the that all medical students knows that perspective and tools would be more effective if that I now use every they had business training,” the practice of day as dean.” said Maria Chandler, MD, medicine requires tools MBA, director of the For example, Wynne said, the MD/MBA program and that include MBA degree helps associate clinical professor business leadership him analyze of pediatrics at the workforce issues as University of California, and management; they apply in North Irvine. She launched the it’s a larger scope Dakota, especially school’s dual-track the looming health MD/MBA program. of practice. care worker shortage, “Medical schools are including physicians now graduating hundreds and nurses. of MD/MBAs per year, so “It helps me hopefully, they will make understand how to deploy resources their way to the top in the industry, effectively and deal with health care including academics,” said Chandler affordability issues,” Wynne said. “This who also is founder and president of is all about a lot more than an the Association of MD/MBA Programs. individual. What we’re concerned She agreed with Dean Wynne regarding about is delivering the best and most her purpose in adding MBA to her MD cost effective health care we can afford degree: it was all about boosting her to everyone in the state.” administrative skills. Wynne, who visits with students The Association of American informally and also delivers lectures, Medical Colleges stated more than said he often talks about how to apply a decade ago that future physicians business practices and principles must acquire leadership skills, in medicine. be able to analyze financial data, “What I don’t talk about is billing, and negotiate contracts. salaries, and other day-to-day financial Though still relatively new, the matters,” Wynne said. “What I do talk MD/MBA phenomenon is growing. about with students is how doctors and For example, the UND School of other health care professionals can be a Medicine and Health Sciences’ top two positive force in helping to optimize executives both hold MBA degrees. our health care delivery system.” “It wasn’t at all a thought in my

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NORTH DAKOTA MEDICINE Spring 2012

North Dakota Medicine  

North Dakota Medicine Spring 2012

North Dakota Medicine  

North Dakota Medicine Spring 2012

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