003 - Who Are The Masters Of Healthcare?

The Licensed to Lead podcast is for physicians, physician leaders, or anyone who thinks healthcare needs a transformation. Licensed to Lead means that physicians must establish the vision, the standards, and the culture in healthcare systems so that excellent patient care is central. <br /><br />The first two episodes of the LTL podcast spelled out why physicians are, well, LICENSED TO LEAD. What are the underlying issues, myths and evidence about physician leaders in healthcare? In this episode, it’s time to zero in on who is at the helm: if not physicians, who? This is a close look at graduate business degrees, MBA and MHA degrees, and why this leadership path is not a good one in healthcare. In fact, it might not be a good path for anyone. <br /><br /> <br /><br />Part 1: What are the nuts and bolts of MBA degrees? <br /><br /> <br /><br />Business schools weren’t always the campus centerpieces that they have become in many upper echelon universities. They used to be more akin to trade schools with a bent to practical knowledge and faculty that might show up in their coveralls. This section breezes through a bit of history and then focuses on the curricular emphasis in graduate business schools. There are a staggering number of degrees being pumped out annually both in exorbitantly priced, highly credentialed top-tier programs as well as in suspect, uncredentialed, 100% on-line programs. <br /><br /> <br /><br />The end result is that there are 200,000 MBA degrees granted every year in the U.S. compared, for instance, to the medical field which produces 35,000 physician degrees every year. <br /><br /> <br /><br />Part 2: There is a boatload of controversy about MBA degrees—who knew? <br /><br /> <br /><br />By far the greatest volume of criticism and even disgust about graduate business education emanates from within the business schools themselves. Highly acclaimed professors challenge the very premise of business schools by asking: <br /><br />Can you teach someone to be a manager outside the context of