MBA vs MHA

[Anestheezee]

Hey all,
I'm in an MD-only anesthesia practice contracted with a large hospital in the Pacific NW, 3 years out from residency and 1 year partner. I am unsettled with the idea of not having a "seat at the table" and definitely don't want to "be on the menu." I'm also interested in eventually having a recreational side business at some point in my career later on. Not sure what it would be in just yet, it might remain recreational as a hobby or a means to pivot my career and diversify my skillsets.

I think it would be helpful both personally and professionally to obtain either an MHA vs MBA but am having a hard time deciding what would be most useful. I don't PLAN on becoming a hospital executive (though who knows what'll happen 15 years from now) and I do like the idea of diversifying my knowledge in the broader sense of business.. I would also want this pursuit to be as useful to our anesthesia group as possible.

Anyone have the ability to compare / contrast MBA vs MHA in the context of PP anesthesiology and general life skills and interests?

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[Drwine]

If you want to be part of the solution I might suggest getting an MMM degree. I would contend that MD/MBAs have destroyed Emergency Medicine.

Curriculum and Class Profile | Master of Medical Management Curriculum and Class Profile

The Master of Medical Management (MMM) is a cohort-based professional degree program exclusively for physicians with five or more years of post-residency experience, designed to promote effective management techniques among health care practitioners.

www.heinz.cmu.edu

 

[Status Sciaticus]

If you want to be part of the solution I might suggest getting an MMM degree. I would contend that MD/MBAs have destroyed Emergency Medicine.

Curriculum and Class Profile | Master of Medical Management Curriculum and Class Profile

The Master of Medical Management (MMM) is a cohort-based professional degree program exclusively for physicians with five or more years of post-residency experience, designed to promote effective management techniques among health care practitioners.

www.heinz.cmu.edu

Funny, I thought it was groups like Blackrock and KKR?

 

[Zekchar]

Don't need either degree for what you aspire to do. At the same time, the degree is typically the cost of admission to be considered for the seat at the table or your ceiling is capped without one. The information you learn is obsolete as it is being taught. It does, however, inspire you to take chances and take initiatives where you previously would have been too shy. Good luck!

 

[Dr. Rude]

I know a few docs that took the time to get MBAs. Wasn’t worth spit. They very simply didn’t have the administrative, interpersonal and leadership skills to get what they wanted. May I suggest that you first try to get involved in group and hospital leadership and administrative activities- committees, etc. See if you have an interest and the necessary skill set.