Tag: healthcare

Examining Your Healthcare Higher Ed Options

Our MBA at Houston program is top-ranked, led by world-renowned Texas McCombs faculty, and positioned at the center of thriving Houston, Texas– the no. 1 city in the country for healthcare jobs. Over 736,000 people are employed at Houston’s world-famous Texas Medical Center alone. Many healthcare professionals pursuing a graduate degree may wonder what an MBA can do for their careers or if an MHA or MBA is right for their goals.

Angela Van Dyke headshot McCombs Houston Class of 2020

Angela Van Dyke, MBA 2020

We recently caught up with MBA at Houston 2020 student, Angela Van Dyke, a healthcare professional who has earned her MHA and is on her way to an MBA, to explore these options.

Angela holds an undergraduate degree in Biology from St. Mary’s University in San Antonio. She currently works at PersonalMed as their National Sales Manager.

On Getting her MHA

Angela is passionate about the healthcare industry and sees herself working in the field long term.

I pursued an MHA to gain a deep and abiding understanding of the entire healthcare industry. I wanted a fundamental grasp of law and economics specifically in their application to healthcare. I also wanted to learn more about public and population health, hospital management, and clinical services.” 

On Pursuing her MBA

Through the MBA, she is becoming more proficient in technical concepts, such as finance, accounting and analytics. So far, her experience at Texas McCombs has exceeded her expectations.

“Pursuing an MBA is like a journey of transformation that allows you to pick up new tools and sharpen old skills. It’s an incredible time in your life to grow personally and professionally. The MBA is well recognized across all industries and empowers you with the credibility, creativity, and ability to add value for any organization in a variety of settings in virtually any industry at any level. An MBA arms you with the necessary expertise to quickly assess problems and determine the appropriate strategy for success. This is why I found it valuable to return to school and pursue my MBA.” 

Why Both Degrees?

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Alumni Spotlight: Maggie Row, Texas MBA at Houston ’07

maggie rowSince graduating from the Texas MBA at Houston Program in 2007, Maggie Row has been helping to provide high-quality cancer care to patients around the world through her work at MD Anderson. Her MBA education provided her with new insights into the healthcare industry, and not only gave her the skills to become a better leader, but a better healthcare provider as well.

 

We recently caught up with Maggie to see what she’s up to and to learn about her reasons  #WhyMcCombs.

What were you doing before you decided to pursue an MBA?

I was the medical director for the Emergency Center at MD Anderson Cancer Center and a practicing emergency oncology physician.

Why did you decide to pursue and MBA and why did you choose McCombs?

Upon completion of my residency in 1994, I decided to pursue an MBA. I always enjoyed business, in fact, I did the accounting for my dad’s business while I was in high school and college. At MD Anderson, I’ve been given many different leadership opportunities and I felt that the additional skills I would gain would help me to be a more effective leader.

I chose McCombs because of the excellence of the program and the opportunity to stay in Houston –the program was literally two blocks from my house.

What was the most valuable lesson — inside or outside of the classroom — you learned while completing your MBA?

Time management. My children were in kindergarten and first grade when I started my program at McCombs and I was also working full-time at MD Anderson. I had to be very disciplined, so I was able to be a mom, while at the same time being a wife, a student and a physician leader.

How has your McCombs MBA experience helped shape your success?

I think a business background is essential for a well-rounded clinician. The knowledge I learned in business school has been useful in every faucet of my job, even with direct patient care. This expansion of my skill set allows me to see medical issues, both business and clinical, from a different viewpoint. The ability to understand the financial and economic aspects of health care decisions has been a valuable asset.

What is your current position at MD Anderson?

I am currently Vice President of Operations for the MD Anderson Cancer Network. Our network works with hospitals and health systems around the world to help provide high-quality cancer care to patients in the communities where they live. In my role, I’m responsible for making sure that the exceptional care we provide here at our Texas Medical Center campus is integrated into our network member sites.

What do you love about your job?

I love that I’m helping cancer patients receive better care by extending the knowledge from MD Anderson to oncologists worldwide.

What do you like to do outside of work?

I spend time with my family – Jim, my husband, and children, Catalina (16) and Billy (15). We are either traveling, running, golfing, going to movies or just hanging out at our pool in Houston.

What advice do you have for future Texas MBAs?

Enjoy your undergraduate experience and learn as much as possible about life and the opportunities available for your future. I didn’t know what I was going to be doing when I graduated from college. Taking the time to work and obtain additional education helped me gain the tools I need to navigate my career.

McCombs Students Venture to Houston for Healthcare Innovation

For many people, the first few things they think of when they think of Texas are the energy market and BBQ. However, Texas is also home to some of the finest medical centers and research facilities in the country, and is quickly becoming a hotbed for healthcare innovation. With the forward-looking Dell Medical School opening up this summer, the future of healthcare looks very optimistic.

Group at TMCx

The MBA Healthcare Association at TMCx

SO, in the midst of cramming for corporate finance finals, finishing human capital papers, and PowerPoint decks for strategic marketing presentations, the MBA Healthcare Association decided to take a break and trek down to Houston, TX to check out the Texas Medical Center’s TMCx accelerator and innovation labs, and Johnson & Johnson’s Innovation JLABS facilities.

The TMCx accelerator is a 4-month program that helps healthcare startups by providing offices, co-working space, and professional services to help develop and grow their business model. They even actively foster relationships between the accelerator companies and  providers at the Texas Medical Center! We toured their highly modern co-working, office and education spaces, all solely devoted to healthcare companies. We also met one of their accelerator companies, Braincheck, who is developing a digital cognitive assessment tool. After chatting with them about their time as a healthcare startup and their experience in the TMCx accelerator, they quickly turned us into test subjects for their product!

JLABS

The Johnson & Johnson Innovation JLABS

Moving next-door to JLABS, we were blown away by the size and modernity of the facility. Wandering through, we explored the 35,000+ square foot, state-of-the art laboratory and healthcare technology development equipment. Companies that pass the selective application process can rent out this space at an extremely reasonable rate of $1,000 per month, with JLABS creating an environment that enables these companies to focus 100% of their attention on their product development.

Touring these two facilities was not only educational and enjoyable, but also eye-opening to how healthcare innovation and product development are changing. Clearly, good times are in store for the companies at TMCx and JLABS – we can’t wait to see what’s next!

Founding Health Innovation Fellows or How I Accidentally Got an MBA in Entrepreneurship

The following was written by Jennifer Thomas, MBA ’16:

One of the many reasons I chose McCombs was because of the burgeoning health industry in Austin. From the construction of the forward-thinking UT Dell Medical School, to the emerging digital health start-up scene, I knew there was opportunity as a McCombs student to get involved and learn from this growth.

While other MBA programs marketed more traditional healthcare concentrations, McCombs offered innovation and the chance to chart new territory in an industry in need of creative, tech-savvy ideas.

Once on campus, I got involved in the MBA Healthcare Association, eventually serving as president of the student-run organization. While this group does an excellent job of providing networking and high-level educational events, there was still a need for more in-depth healthcare programming where students could dissect and debate the many complexities of the U.S. healthcare system.

To help fill the gap, a fellow healthcare classmate, Nicholas Buck, and I launched Health Innovation Fellows (HIF) in the spring of 2015. The purpose of HIF is to promote McCombs as a place that produces business leaders with the capability to impact the healthcare industry through innovation and leadership. In other words, HIF provides an avenue for students to engage with groundbreaking healthcare leaders as well as gain hands-on experience bringing innovative ideas to the market.

Interested students apply and interview for HIF in the fall of their first year. In the spring, Fellows attend monthly roundtables with executive guest speakers. The events are part lecture, part group discussion and debate. Our January speaker is Stacey Chang, former Managing Director of the Healthcare practice at IDEO, the global design and innovation firm, and current Executive Director of the Design Institute for Health, a collaboration between the Dell Medical School and the College of Fine Arts at UT. In the fall or spring of their second year, fellows join healthcare companies for a part-time internship for credit where they can apply the innovation techniques learned in their first year and during their summer internship.

Because the health industry is in a state of rapid change, both in terms of policy and technology, hands-on exposure to current challenges is vital to building the knowledge MBAs need to succeed.

As a second semester student and almost Texas Ex, I am excited to watch this program evolve under the first class of official fellows. Looking back on our experience, I did not appreciate the entrepreneurial skills I’d ultimately learn while building a new student organization. The McCombs program leadership and the UT Healthcare Initiative team helped support us along the way, providing valuable introductions and other resources. If you’re looking for a program that allows you to not only learn from the best but also build your own legacy, there is no MBA offering better than McCombs.

Meet the 2016 Fellows

 

Ben Berg, MBA ’17 – Marketing & Healthcare – Nerds out on personalized medicine

Ben is the Co-President of Health Innovation Fellows and VP of Recruitment of the MBA Healthcare Association at McCombs. Prior to returning for his MBA, Ben spent four years in consulting at NSF Health Sciences Medical Devices, advising medical device manufacturers on FDA regulations.  This coming summer, Ben will join Johnson & Johnson’s Janssen Pharmaceuticals as an intern in their Experienced Commercial Leadership Development Program. Ben received a B.A. in Biological Basis of Behavior from the University of Pennsylvania.

 

Daniel Ledeen, MBA ’17 – Entrepreneurship & Healthcare – Nerds out on healthcare consumerism

Daniel is the Co-President of Health Innovation Fellows and a Vice President of the MBA Healthcare Association at McCombs.  During his first semester at McCombs, Dan worked with the Health Catalyst program at the new UT Dell Medical School and with Capital Factory, an Austin based incubator and start-up accelerator. Prior to returning to school, Daniel worked in business development for Telcare, a Sequoia Capital portfolio company focused on developing mobile health tools to improve patient engagement and risk management through leveraging real-time data and analytics. Before joining Telcare, Daniel served overseas in the United States Marine Corps as a Logistics Officer. Daniel received a B.A. in History from Rice University in 2009.

 

Abhinayaa Chokkalingam, MBA ’17 – Operations & Healthcare – Nerds out on innovative healthcare devices

Abhinayaa is a Vice President of Health Innovation Fellows and President of Operations Fellows. Through the 2016 academic year, Abhinayaa will work with Dell as part of the Supply Chain labs program and will intern in Dell over the summer in the same department. After graduating as an Electronics and Communications Engineer, Abhinayaa worked in a rotational management role at Siva Group based in India across various industries including healthcare, education and trading equities. As part of the program, she managed the marketing team of Aiwo, a subsidiary of Siva Group, launching and branding a futuristic healthcare product across India, Singapore, and Seychelles. Abhinayaa received a B.E. in Electronics and Communications Engineering from Anna University in India.

 

Dion Giannoukos, MBA ’17 – Marketing & Management – Nerds out on EMR and the growing use of data analytics in modern healthcare

Dion is a Vice President of Health Innovation Fellows. After spending the past four years in pharmaceutical R&D, Dion spent his first MBA semester developing his business acumen and was involved in several business challenges and projects alongside his coursework. This included an MBA+ project with NanoHybrids where he served as team leader, helping the client develop a marketing strategy for a new line of products directed at healthcare clinicians and research institutions. With previous experience in pharmaceuticals from translational research through clinical trials, Dion hopes to bring that knowledge and close connections with major institutions such as M.D. Anderson to McCombs. He looks forward to offering fellow students a better understanding of the challenges facing our healthcare system and how they can make an impact with the knowledge they acquire through their time at McCombs. Dion received a B.A. in Biology from Franklin & Marshall College.

 

Michael Love, MBA ’17 – Finance & Healthcare – Nerds out on making our healthcare system financially sustainable

Michael is a Vice President of Health Innovation Fellows and Vice President of Education for the MBA Healthcare Association. Prior to returning to school for his MBA, Michael worked for Premier, Inc., a leading national healthcare solutions organization, in their consulting division. Michael worked with healthcare providers across the country, enabling them to increase hospital efficiencies, improve patient outcomes, and reduce the costs of care. His team-based projects allowed him to see all different sides of the healthcare industry, and through his work with the physicians, service line directors, and hospital executives, he implemented business opportunities that put the hospitals in advantageous positions in their markets. Michael returned to school to strengthen his financial, strategy and leadership skill sets so that he can continue to improve the financial stability of our healthcare system from a higher level. He received a B.B.A. in Finance from The University of Georgia.

 

Karthik Narasimhan, MBA ’17– Marketing & Healthcare – Nerds out on advances in drug discovery

Karthik is a Vice President of Health Innovation Fellows and President of the MBA Healthcare Association at McCombs. He is also a 2016 Marketing Fellow. Prior to business school, Karthik spent five years at Promega Corporation, a biotech tools provider for drug discovery, forensics and life sciences research. He was the Business Development Executive for the Asia Pacific region and was based in Singapore. This fall, Karthik worked on a MBA+ project for NanoHybrids, an Austin-based nanotechnology startup. He received a PhD in Biological Sciences from the National University of Singapore.

HIF Founders

 

Nicholas Buck, MBA ’16 – High-Tech Marketing & Healthcare – Nerds out on bringing the digital age to healthcare

Nicholas is the co-founder of Health Innovation Fellows and co-chair of the McCombs Admissions Committee. Prior to business school, Nicholas spent 4 years at a healthcare and pharmaceutical market research firm in NYC providing intelligence and consulting services to big pharma, health IT, and biotech firms. Last summer, he was a Sr. Graduate Advisor intern in Dell’s Commercial Marketing, Healthcare & Life Sciences group. There, he spent time formulating strategy for entry into a new customer segment and evaluating channel partner management programs. Post-graduation from McCombs, Nicholas will be pursuing start-up and boutique consulting firms that meld together his passion for technology and healthcare. He received a B.S. in Biology and B.A. in Political Science from Western Washington University, and a Master’s of Public Health (MPH) from A.T. Still University.

 

Jennifer Thomas, MBA ’16 – Marketing & Healthcare – Nerds out on mobile health innovations

Jennifer is the co-founder of Health Innovation Fellows and outgoing President of the MBA Healthcare Association at McCombs. This past summer, Jennifer interned with Bayer Pharmaceuticals in their Management Associate Program and will return to join their commercial rotational program in the fall of 2016. Over the course of this past semester, Jennifer had the opportunity to intern in a business development role for a local health tech startup, NarrativeDx, as well as work on a digital health accelerator design project with the new UT Dell Medical School. Prior to returning for her MBA, Jennifer spent five years in client management roles with Gerson Lehrman Group (GLG), the leading provider of independent ad-hoc consulting services to business professionals around the world. Jennifer received a B.S. in Human & Organizational Development from Vanderbilt University.

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