Skip to main content

312.604.01
Quantitative Tools for Managers

Location
East Baltimore
Term
2nd Term
Department
Health Policy and Management
Credit(s)
3
Academic Year
2024 - 2025
Instruction Method
In-person
Class Time(s)
Monday, 3:30 - 6:20pm
Auditors Allowed
No
Available to Undergraduate
No
Grading Restriction
Letter Grade or Pass/Fail
Course Instructor(s)
Contact Name
Frequency Schedule
Every Year
Prerequisite

Intermediate level of Excel competence

Description
Examines how information processing power can be applied to increase quality and decrease cost in healthcare. Emphasizes the importance of understanding analytics as a healthcare manager. Focuses on five themes related to managing a healthcare organization: finance, quality, market, operations, and utilization. Reviews theories such as data formats, database structures, and analysis methods. Explains how data is collected, prepared, and applied to make a positive impact. Provides real-world examples during each session so that students can use the lecture materials to solve problems. Develops future healthcare leaders who can understand the details as well as think critically beyond the data.
Learning Objectives
Upon successfully completing this course, students will be able to:
  1. Utilize financial, market, quality, operational, and utilization data to apply in decision making
  2. Define the various data needs within healthcare and how data impacts decision making and accountability
  3. Identify the appropriate analytical tools for financial, market, quality, operational, and utilization analysis, and evaluate the analytic methods used by other students and provide feedback for improvement
  4. Explain how the application of quantitative tools and methods influences the quality and efficiency of decision making
  5. Combine various datasets in an integrated approach to demonstrate the impact on the overall organization
  6. Develop and present recommendations based on findings from hospital-based case study
Methods of Assessment
This course is evaluated as follows:
  • 50% Homework
  • 30% Group Project(s)
  • 20% Participation
Special Comments

For MAC users, a parallel software that can run Windows-based programs is required