Health Care Strategy
- Executive Education
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Explore how business strategy drives innovation in health care. Learn to create and capture value, assess competition, and apply strategic thinking to advance your organization and career.
- Online; Instructor-Paced
This course is offered online with a schedule, and participants progress through the materials under the guidance of an instructor.
$1,600
This is the standard price.
Certificate
4-6 Hours/Week, 5 Weeks
On This Page
Overview
What can business strategy teach us about health care innovation in the United States? Why is a strategic vision important to implement in health care organizations? How do health care providers and institutions create value — and, more importantly, how do they capture value?
When you think of health care organizations, do the terms sustainable advantage or strategic differentiation come to mind? In an industry with increasing competition and innovation, leaders of U.S. health care organizations, and those delivering care, need to understand how their success depends on these key principles. This includes understanding health care business strategy and market development, the forces that make it easy or difficult to capture value, and how you can successfully compete against rivals. You must go beyond creating value to develop the critical thinking and analytical skills to develop a health care business strategy which will allow you to evaluate the needs of your business, optimize business decisions, and develop new or innovative health care ventures.
Balancing the needs of multiple parties—patients, purchasers, and providers—can be daunting and many decision makers struggle to meet the growing demands of an evolving industry. By exploring different health care business models through real-world case studies, you will step into the shoes of business leaders and learn to face these problems directly, identifying both opportunities and challenges, to derive actionable insights for your own business. Further, you will use economic and policy frameworks to seek ways to improve efficiency in the health care sector, particularly as it relates to spending.
This online health care management course is primarily focused on U.S. health care and institutions; however, the business strategies and principles can be applied broadly in health care settings around the world to identify sources of competitive advantage.
Led by Harvard Business School professor Leemore Dafny, Health Care Strategy will help you align the principles of business strategy with the unique challenges and structures of U.S. health care organizations. The course is fundamental to health care executive education will enable you to define the mission of your organization, develop a strategy to create and capture value, and lead your organization to success with confidence.
Combine the best business strategies with the fundamentals of the health care sector in the United States.
Learning Objectives
- Understand core business, economic, and policy principles and how they apply to the health care sector in the U.S.
- Apply the building blocks for creating a strategy: industry analysis, sustainable advantage, and developing a plan to sustain profits in the face of competition.
- Appreciate the perspectives of key health care stakeholders, improving business decision making and analysis skills.
- Develop a framework using the health care business strategies applied in the course that can be used to advance your organization and career.
- Evaluate the intersection of strategy and develop firm boundaries to make better build versus buy decisions.
- Align incentives of the health care chain and where their organization fits in the industry, focusing on specialized services or approaches to gain market share.
Faculty
Harvard Medical School Continuing Education attracts the best and brightest faculty from all around the world. As a student in this course, you’ll have access to outstanding course directors and faculty.
Leemore S. Dafny, PhD
Course Director
- Bruce V. Rauner Professor of Business Administration, Harvard Business School
- Mary Ellen Jay and Jeffrey Jay Fellow, Harvard Business School
- Professor of Public Policy, Harvard Kennedy School