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Duluth Campus

Health Care Management Minor

Economics & Health Care Management
Labovitz School of Business and Economics
  • Program Type: Undergraduate minor related to major
  • Requirements for this program are current for Spring 2023
  • 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
Core (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)
Electives (3 cr)
Take 3 or more credit(s) from the following:
· Any HCM 45xx course
· MIS 4220 - Healthcare Informatics (3.0 cr)
· An LSBE or non-LSBE 3xxx-4xxx course, including any upper division study abroad course (FST 42**) may be taken with prior approval. Only one study abroad course may be used to meet this requirement. {ECON 3910, HCM 4520, 4530, and 4570 cannot be used to fulfill this requirement
Health Care Management Minor for Econ BA and Non-LSBE Students
Pre-Minor Core (15-18 cr)
Students are encouraged to complete ECON 1022 and 1023 as pre-minor core prerequisites.
MGTS 1101 - Introduction to Business [LE CAT8] (3.0 cr)
MIS 2201 - Information Technology in Business (3.0 cr)
Accounting
ACCT 2001 - Principles of Financial Accounting (3.0 cr)
or ACCT 2005 - Survey of Accounting [LE CAT] (3.0 cr)
Economics
ECON 1003 - Economics and Society [LE CAT, SOC SCI] (3.0 cr)
or Take the following course pair:
ECON 1022 - Principles of Economics: Macro [LE CAT, SOC SCI] (3.0 cr)
ECON 1023 - Principles of Economics: Micro [LE CAT, SOC SCI] (3.0 cr)
Statistics
ECON 2030 - Applied Statistics for Business and Economics [LOGIC & QR] (3.0 cr)
or PSY 3020 - Statistical Methods (4.0 cr)
or SOC 3155 - Quantitative Research Methods and Analysis (4.0 cr)
or STAT 1411 - Introduction to Statistics [LE CAT, LOGIC & QR] (3.0 cr)
or STAT 2411 - Statistical Methods [LE CAT, LOGIC & QR] (3.0 cr)
or STAT 3411 - Engineering Statistics (3.0 cr)
or STAT 3611 - Introduction to Probability and Statistics (4.0 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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ECON 3910 - Economics of Health Care
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Fall, Spring & Summer
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]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
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
MIS 4220 - Healthcare 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: FMIS 2201 or MIS 2201 or FMIS 3201, LSBE candidate or college consent, no grad credit; credit will not be granted if already received for FMIS 4220
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.
MIS 2201 - Information Technology in Business
Credits: 3.0 [max 3.0]
Course Equivalencies: 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 Graphic Design with Marketing subplan major or Computer Information Systems majors or minors, or Arts Administration, minimum 15 credits or college consent; credit will not be granted if already received for FMIS 2201
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
ACCT 2005 - Survey of Accounting (LE CAT)
Credits: 3.0 [max 3.0]
Grading Basis: A-F only
Typically offered: Every Fall
Survey of Accounting provides an overview of fundamental concepts and procedures in financial and managerial accounting. The emphasis is on helping students to develop a basic understanding of the contexts of accounting reports provided to decision makers. Credit cannot be applied toward the BAcc or BBA degree programs or the Accounting minor.
ECON 1003 - Economics and Society (LE CAT, SOC SCI)
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Periodic 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 CAT, SOC SCI)
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
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 CAT, SOC SCI)
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
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 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 Graphic Design with Marketing subplan major or Econ minor or Accounting minor or Business Admin minor or Arts Administration; credit will not be granted if already received for Econ 2020, Stat 1411, Stat 2411, Stat 3611, Soc 3151, Psy 3020
PSY 3020 - Statistical Methods
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Descriptive statistics; introduction to correlational analysis and regression; sampling techniques and statistical inference; applications of simple and factorial design analysis of variance and other parametric and nonparametric hypothesis-test statistics in the behavioral sciences. prereq: Math ACT 21 or higher or Accuplacer score of 237-300 or higher or MATH 1005
SOC 3155 - Quantitative Research Methods and Analysis
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Descriptive statistics. Measures of central tendency, deviation, association. Inferential statistics focusing on probability and hypothesis testing. T-tests, Chi-square tests, analysis of variance, measures of association, introduction to statistical control. Statistical software (SPSS) used to analyze sociological data. Lab. prereq: 2155, crim major or soc major or URS major, min 30 cr
STAT 1411 - Introduction to Statistics (LE CAT, LOGIC & QR)
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Statistical ideas involved in gathering, describing, and analyzing observational and experimental data. Experimental design, descriptive statistics, correlation and regression, probabilistic models, sampling, and statistical inference. prereq: Math ACT 21 or higher or a grade of at least C- in MATH 0103 or department approval
STAT 2411 - Statistical Methods (LE CAT, LOGIC & QR)
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Graphical and numerical descriptions of data, elementary probability, sampling distributions, estimations, confidence intervals, one-sample and two-sample t-test. prereq: Math ACT 24 or higher or a grade of at least C- in Math 1005 or higher or department approval
STAT 3411 - Engineering Statistics
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Statistical considerations in data collection and experimentation. Descriptive statistics, least squares, elementary probability distributions, confidence intervals, significance tests, and analysis of variance as applied analysis of engineering data. prereq: MATH 1297 with a grade of C- or better, cannot be applied to a math or statistics major
STAT 3611 - Introduction to Probability and Statistics
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Basic probability, including combinatorial methods, random variables, mathematical expectation. Binomial, normal, and other standard distributions. Moment-generating functions. Basic statistics, including descriptive statistics and sampling distributions. Estimation and statistical hypothesis testing. prereq: A grade of at least C- in Math 1290 or Math 1296
ECON 3910 - Economics of Health Care
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Periodic Fall, Spring & Summer
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]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
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