Many people ask why I would combine a MBA with my advanced nursing degree. The answer to me is obvious. We are in an age in healthcare where multiple mandates are being made by the Affordable Care Act which is changing our delivery models. Healthcare is now more of a business than ever. Healthcare facilities are being placed under multiple demands and need to implement changes within their budget.
It seems that some medical schools are also understanding the unnatural marriage between business and medicine. Some medical schools are offering joint MBAs so that doctors know how running their business will impact their medical practice. In 2011, the New York Times reported on this trend: http://www.nytimes.com/2011/09/06/business/doctors-discover-the-benefits-of-business-school.html?pagewanted=all&_r=0
According to another more recent report in 2013, approximately 65 medical schools offered a dual MD/MBA program. http://www.usnews.com/education/best-graduate-schools/top-medical-schools/articles/2013/10/01/become-a-business-savvy-doctor-with-a-joint-md-mba-program Shouldn’t advanced practice nurses consider the same option? I believe that nurses are in a pivotal role to impact healthcare legislation and cost of healthcare delivery. What do you think?