Identify important concepts and best practices that you can learned from taking a Business Management Program in Healthcare online classes  and explain how you will apply those in your current or future health care career.

Slide 1.
Many concepts and best practice can be learnt in the business management course for healthcare. Here are the top concepts and best practices that will help you have a career in healthcare.

Slide 2: Strategic Planning & Analysis
Healthcare organizations must be able to execute effective strategic planning and analysis. You can then create action plans using this information based upon industry trends, customer demands, market forces, and so on. This knowledge allows companies to be ahead of their competition while still predicting the financial results in various situations.

Slide 3: Resource Management & Budgeting
A successful healthcare enterprise must be able to manage its resources and budget effectively. Knowing how to effectively allocate resources so as to optimize efficiency requires understanding cost-benefit analysis techniques for making budgetary decisions throughout an organization’s operations cycle. Forecasting revenue streams for time periods that may be affected by policy changes and other factors is also required.

Slides 4: Regulatory Compliance & Risk Mitigation   A major aspect of business management involves understanding regulatory compliance measures as well as risk mitigation strategies used within the health care environment today – such as HIPAA regulations or GxP guidelines – while utilizing proven technological solutions services or tools available when mitigating possible risks during operations (e..g., clinical data integrity). You should also be familiar with privacy protection standards/policies such as PCI-DSS ISO 27001/27002 NIST standard, etc.

Slide 5: Quality Improvement Strategies                    Another critical area where business managers must be knowledgeable relates to quality improvement strategies employed by many leading providers within their respective markets today These processes include identifying potential problems developing creative solutions for challenging patterns assessing outcomes(i..e., via Six Sigma DMAIC) fixing found issues recording corrective actions taken measuring results from initiatives conducted seeking continual feedback from customers stakeholders colleagues supervisors vendors suppliers regarding same and implementing such feedback into revised strategies assuring projects follow protocol established all times Furthermore current technologies aiding mission should always remain forefront helping accomplish goals set forth due efficient manner save precious time effort money not lost way ‎                                                                              │

Slide 6: Conclusion. There are many ways that medical science students can gain valuable insight about the areas mentioned above.