“The Physician MBA teaches you what you don’t learn during medical school. It adds dimension to your decision-making by expanding your understanding of what needs to be considered to arrive at a good decision.”
When two major Indiana health systems decided to team up to form a joint venture addressing population health needs, they selected Lori Sieboldt, MD, MBA’21, to lead its medical operations. Dr. Sieboldt shares how she leaned on change management and leadership skills gained during the Physician MBA Program.
Physicians discuss how the Operations Analysis and Process Improvement course in the Physician MBA Program has helped them lead change at their organizations. Projects in this course have resulted in $39.65 million dollars in revenue generated, cost savings and opportunity generation by improving healthcare operations.
“In a new article published in Science, Assistant Professor of Marketing Helen Colby and a co-author note that it is time for many doctors to stop relying on their use of mental shortcuts, usually called decision rules or heuristics, when making decisions about patient care with limited cognitive resources.”
“Completing an MBA program lends you a newfound credibility among others at the table. People realize you’re more than just the physician who knows about the science of medicine – you understand the vocabulary of business and can converse in areas like finance and strategy.”
Chief of medicine Aditya Ahlawat, MD, MBA’20, is leading teams and new projects after earning an MBA at Kelley. “There’s a huge ripple effect from every decision you make as a physician, whether you realize it or not. The Kelley School of Business helps you recognize that.”
To navigate the COVID-19 pandemic and innovate new technology while leading his team, Rajat Kapoor, MD, MBA’18, took advantage of his lessons from Kelley. “The biggest thing Kelley helped me to do is to widen my horizon. Prior to this degree, I don’t think I could’ve thought outside of the box.”