Alliance of Top Business Schools Aims to Improve Health Care Management
June 11, 2010
DURHAM, N.C. -- Five of America's leading business schools have formed the Business School Alliance for Healthcare Management (BSAHCM), a collaborative organization committed to improving healthcare by fostering management education in the health sector. Charter members of BSAHCM include Kellogg Graduate School of Management (Northwestern University), The Wharton School (University of Pennsylvania), Harvard Business School, The Haas School of Business (University of California, Berkeley) and Duke University's Fuqua School of Business.
Additional member institutions include Yale University, Arizona State University, Vanderbilt University, Boston University, and the University of Colorado at Denver.
"The Alliance aims to help the public understand the capacity of our institutions to bring about solutions to many of the management and leadership issues arising in the health sector on a global basis," said Fuqua's Health Sector Management Director Kevin Schulman. "The Alliance's founding institutions believe management education must be robust to successfully turn out leaders who define leadership issues in health care in the fundamental language of business, designing solutions from that framework."
Schulman noted the urgency with which Alliance members are approaching their work:
"The recent healthcare reform legislation in the US largely revolved around the critical issue of access to care for the uninsured. But other crises loom even larger for most Americans: the chronic over-utilization of tests and specialist services; misaligned incentives; staggeringly high costs; and variable or poor quality of care."
At the inaugural meeting of BSAHCM, a Board of Directors was nominated and approved for two-year terms. Board members include David Dranove, Kellogg; Lawton R. Burns, Wharton; Richard Hamermesh, Harvard; Kristiana Raube, Haas; and Kevin Schulman, Fuqua.
Membership in the Alliance is open to healthcare management programs at top business schools that have shown a commitment to research, teaching using research-based faculty and service in the health sector.