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Health Care Management Minor

Labovitz School of Business & Economics - Adm
Labovitz School of Business and Economics
  • Program Type: Undergraduate minor related to major
  • Requirements for this program are current for Spring 2018
  • Required credits in this minor: 15 to 30
The health care management minor teaches students about the health care system and how to apply management, economic, and legal methods to solve health care service problems. A minor in health care management complements the existing business majors, particularly for students who would like to apply their skills and knowledge in the health care sector.
Program Delivery
This program is available:
  • via classroom (the majority of instruction is face-to-face)
Admission Requirements
A GPA above 2.0 is preferred for the following:
  • 2.60 already admitted to the degree-granting college
  • 2.60 transferring from another University of Minnesota college
  • 2.60 transferring from outside the University
For information about University of Minnesota admission requirements, visit the Office of Admissions website.
Minor Requirements
This minor is available to Labovitz School of Business and Economics and non-LSBE students. Requirements for admission to the minor are the same for admission to candidacy.
Program Sub-plans
Students are required to complete one of the following sub-plans.
Health Care Management Minor for BBA/BAcc Students
Requirements (15 cr)
ECON 3910 - Economics of Health Care (3.0 cr)
HCM 4520 - Health Care Organization and Management (3.0 cr)
HCM 4530 - Legal Aspects of and Ethics in Health Care (3.0 cr)
HCM 4570 - Health Care Quality Management (3.0 cr)
Take 3 or more credit(s) from the following:
· FMIS 4220 - Medical Informatics (3.0 cr)
· HCM 4510 - Medical Sociology (3.0 cr)
· HCM 4550 - Health Care Finance (3.0 cr)
· HCM 4560 - International Comparisons of Health Care Systems (3.0 cr)
· HCM 4595 - Special Topics: (Various Titles to be Assigned) (1.0-3.0 cr)
· HCM 4597 - Internship (1.0-6.0 cr)
· INTB 4221 - Health Care and Families in Thailand (3.0 cr)
Health Care Management Minor for Non-LSBE Students
Non-LSBE Students Pre-Minor Core (15 - 18 cr)
Students are encouraged to complete ECON 1022 and 1023 as pre-minor core prerequisites.
ACCT 2001 - Principles of Financial Accounting (3.0 cr)
ECON 2030 - Applied Statistics for Business and Economics [LOGIC & QR] (3.0 cr)
FMIS 2201 - Information Technology in Business (3.0 cr)
MGTS 1101 - Introduction to Business [LE CAT8] (3.0 cr)
ECON 1003 - Economics and Society [LE CAT8, SOC SCI] (3.0 cr)
or ECON 1022 - Principles of Economics: Macro [LE CAT6, SOC SCI] (3.0 cr)
ECON 1023 - Principles of Economics: Micro [LE CAT6, SOC SCI] (3.0 cr)
Requirements (12 cr)
ECON 3910 - Economics of Health Care (3.0 cr)
HCM 4520 - Health Care Organization and Management (3.0 cr)
HCM 4530 - Legal Aspects of and Ethics in Health Care (3.0 cr)
HCM 4570 - Health Care Quality Management (3.0 cr)
 
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· Health Care Management Minor
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ECON 3910 - Economics of Health Care
Credits: 3.0 [max 3.0]
Prerequisites: 1022, 1023, Economics major or minor or Health Care Management minor or LSBE cand
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Explores the health care sector and health policy issues from an economic perspective. Topics to be examined include the demand for health and medical care services, health insurance markets, federal health insurance programs, and the pharmaceutical industry. prereq: 1022, 1023, Economics major or minor or Health Care Management minor or LSBE cand
HCM 4520 - Health Care Organization and Management
Credits: 3.0 [max 3.0]
Prerequisites: LSBE candidate or approved Health Care Management minor or college consent, MgtS 3401 preferred but not required, no grad credit
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Studies the organizational structures, types of governance and management issues of the American health care system. prereq: LSBE candidate or approved Health Care Management minor or college consent, MgtS 3401 preferred but not required, no grad credit
HCM 4530 - Legal Aspects of and Ethics in Health Care
Credits: 3.0 [max 3.0]
Prerequisites: LSBE candidate or approved Health Care Management minor or college consent, no grad credit
Grading Basis: A-F only
Typically offered: Every Fall
Introduction to the legal and ethical environment of health services administration and offers a current and historical overview of legal regulation of the health care industry. prereq: LSBE candidate or approved Health Care Management minor or college consent, no grad credit
HCM 4570 - Health Care Quality Management
Credits: 3.0 [max 3.0]
Prerequisites: 4520, LSBE candidate or approved Health Care Management minor or college consent; no grad credit
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Covers basic principles of quality and patient safety measurement and improvement in health care. Methods for measuring health outcomes and satisfaction as well as regulatory and accreditation requirements affecting quality of care in hospitals, nursing homes, and other areas of healthcare will be discussed. prereq: 4520, LSBE candidate or approved Health Care Management minor or college consent; no grad credit
FMIS 4220 - Medical Informatics
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall
Introduction to the convergence of computing, information systems, and healthcare with a focus on managing information and developing systems that leads to more effective decisions and actions in healthcare. Covers the standards, ethics and security of the electronic health record. prereq: 2201 or 3201, LSBE candidate or college consent, no grad credit
HCM 4510 - Medical Sociology
Credits: 3.0 [max 3.0]
Prerequisites: LSBE candidate or Health Care Management minor or college consent, no grad credit
Grading Basis: A-F only
Typically offered: Spring Even Year
Introduction to common theoretical and empirical approaches used by sociologists to study health and illness. Social inequalities in health and illness and the social processes that shape these experiences are the themes of the course. prereq: LSBE candidate or Health Care Management minor or college consent, no grad credit
HCM 4550 - Health Care Finance
Credits: 3.0 [max 3.0]
Prerequisites: 4520, FMIS 3601, LSBE candidate or approved Health Care Management minor or college consent, no grad credit
Grading Basis: A-F only
Typically offered: Spring Odd Year
Covers finance issues related to healthcare organizations. Topics include: reimbursement analysis, understanding the nature of costs, uncertainty, forecasting, service line profitability analysis, and preparation of operating and capital budgets. prereq: 4520, FMIS 3601, LSBE candidate or approved Health Care Management minor or college consent, no grad credit
HCM 4560 - International Comparisons of Health Care Systems
Credits: 3.0 [max 3.0]
Prerequisites: LSBE candidate or approved Health Care Management minor or college consent, no grad credit
Grading Basis: A-F only
Typically offered: Spring Odd Year
Explores various health care systems offered around the world by evaluating their characteristics, issues and reforms. prereq: LSBE candidate or approved Health Care Management minor or college consent, no grad credit
HCM 4595 - Special Topics: (Various Titles to be Assigned)
Credits: 1.0 -3.0 [max 9.0]
Prerequisites: LSBE candidate or department consent, 4520 or instructor consent, no grad credit
Grading Basis: A-F only
Typically offered: Every Spring
Specific health care management problems, issues, and approaches. prereq: LSBE candidate or department consent, 4520 or instructor consent, no grad credit
HCM 4597 - Internship
Credits: 1.0 -6.0 [max 18.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Work-integrated learning program providing practical experiences within students’ major. Students participate in approved program within cooperating business, governmental agencies, or civic organizations. There are minimum hours based upon the credits you select for the course; 1 credit = 100 hour minimum; 2 credits = 150 hours minimum; 3 credits= 200 hour minimum. The course also requires completion of internship contract, assignments, and performance evaluations. For LSBE majors that allow for only three (or fewer) credit hours of internship in the “major curriculum,” students will be allowed to count the remaining internship credits in the Upper Division Supporting Courses category. Maximum credits: 6; 3 completions allowed prereq: LSBE candidate, prior major coursework and consent of internship director; no grad credit
INTB 4221 - Health Care and Families in Thailand
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Spring & Summer
Learn about the health care system in Thailand in comparison to the U.S. health care system. Topics to be examined include health policy, health care reform and international exchange of healthcare providers, health care training and patients. Students will be expected to juxtapose the management of healthcare, cultural influences, and family resources and needs. prereq: minimum GPA of 2.6, minimum 75 credits, instructor consent
ACCT 2001 - Principles of Financial Accounting
Credits: 3.0 [max 3.0]
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
Concepts of financial accounting and external reporting. Nature and measurement of assets, liabilities, equities, revenues, expenses. Emphasis on use and understanding of external financial statements. prereq: Minimum 15 credits or college consent
ECON 2030 - Applied Statistics for Business and Economics (LOGIC & QR)
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Introduction to modern business statistics, emphasizing problem solving applications through statistical decision making using case studies. Topics include organization and presentation of data, summary statistics, distributions, statistical inference including estimation, and hypothesis testing. prereq: minimum 30 credits, LSBE student, pre-business or pre-accounting or Econ BA major or Graphic Design and Marketing major or Econ minor or Accounting minor or Business Admin minor; credit will not be granted if already received for Econ 2020, Stat 1411, Stat 2411, Stat 3611, Soc 3151, Psy 3020
FMIS 2201 - Information Technology in Business
Credits: 3.0 [max 3.0]
Course Equivalencies: 01392 - FMIS 2201/1201/3201/CS 1011
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Introduction to information technology (IT) concepts: computer hardware and software; use of personal productivity tools (spreadsheet, database, and presentation software); system development processes; Web technologies; applications of IT in business processes. prereq: LSBE major or minor student or Graphic Design and Marketing major or Computer Information Systems majors or minors, minimum 15 credits or college consent
MGTS 1101 - Introduction to Business (LE CAT8)
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Fall & Spring
Introduction to context, environment, and operation of business and organizations. Study of foundations and functional areas of business and entrepreneurship. Analysis of technological, ethical, diversity, and global issues from business and organizational perspectives.
ECON 1003 - Economics and Society (LE CAT8, SOC SCI)
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Spring
General description of U.S. economy and analysis of contemporary economic problems. Introduction to major economic issues and problems of the day, providing a simple framework used by economists for analysis. prereq: Cannot apply credit to economics major or minor or BAc or BBA majors
ECON 1022 - Principles of Economics: Macro (LE CAT6, SOC SCI)
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Analyzing overall performance of an economic system. National income accounting and theory, unemployment, inflation, fiscal policy, money, monetary policy, economic growth, international trade, non-U.S. economies, and real-world application of these concepts. prereq: Minimum 15 credits or department consent
ECON 1023 - Principles of Economics: Micro (LE CAT6, SOC SCI)
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Analyzing free enterprise system through study of product and resource markets. Supply and demand, utility, production and cost, market structure, resource use, market failures, regulatory role of government, and real-world application of these concepts. prereq: Minimum 15 credits or department consent
ECON 3910 - Economics of Health Care
Credits: 3.0 [max 3.0]
Prerequisites: 1022, 1023, Economics major or minor or Health Care Management minor or LSBE cand
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Explores the health care sector and health policy issues from an economic perspective. Topics to be examined include the demand for health and medical care services, health insurance markets, federal health insurance programs, and the pharmaceutical industry. prereq: 1022, 1023, Economics major or minor or Health Care Management minor or LSBE cand
HCM 4520 - Health Care Organization and Management
Credits: 3.0 [max 3.0]
Prerequisites: LSBE candidate or approved Health Care Management minor or college consent, MgtS 3401 preferred but not required, no grad credit
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Studies the organizational structures, types of governance and management issues of the American health care system. prereq: LSBE candidate or approved Health Care Management minor or college consent, MgtS 3401 preferred but not required, no grad credit
HCM 4530 - Legal Aspects of and Ethics in Health Care
Credits: 3.0 [max 3.0]
Prerequisites: LSBE candidate or approved Health Care Management minor or college consent, no grad credit
Grading Basis: A-F only
Typically offered: Every Fall
Introduction to the legal and ethical environment of health services administration and offers a current and historical overview of legal regulation of the health care industry. prereq: LSBE candidate or approved Health Care Management minor or college consent, no grad credit
HCM 4570 - Health Care Quality Management
Credits: 3.0 [max 3.0]
Prerequisites: 4520, LSBE candidate or approved Health Care Management minor or college consent; no grad credit
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Covers basic principles of quality and patient safety measurement and improvement in health care. Methods for measuring health outcomes and satisfaction as well as regulatory and accreditation requirements affecting quality of care in hospitals, nursing homes, and other areas of healthcare will be discussed. prereq: 4520, LSBE candidate or approved Health Care Management minor or college consent; no grad credit