Medical school students learn a lot about providing health care, but a professor in the University of Iowa Carver College of Medicine says learning about business would be helpful, too.
“We send students out of here largely not knowing how they are paid, who pays, the legal ramifications of issues like medical errors, how to build and work in teams, how to negotiate a contract, or much at all about the business of health care in this country,” says Alan Reed, MD, MBA, professor of surgery and director of the UI Hospitals and Clinics Organ Transplant Center.
To address that need, the Office of Healthcare Leadership Education (OHLE)—a partnership among the UI’s Tippie College of Business, Carver College of Medicine, and College of Public Health—helps health care providers better understand the economic forces at work in their practices. The OHLE taught its first classes to doctors as part of a leadership-development track at the Iowa Medical Society annual meeting last spring. Now, the OHLE is expanding the program to doctors and other providers across Iowa.