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Healthcare Business Alliance Newsletter (Spring 2012)

Healthcare Day 2011


On Friday, October 28th 2011, the Healthcare Business Alliance hosted its annual Healthcare Day Conference. Over 60 students attended, with attendees coming from programs across Georgetown and neighboring schools. The day kicked off with Fred Mischler (MSB MBA 2013), from Abbott Laboratories, who shared with students his experience as a marketing director for HUMIRA. Students also heard from Jason Yu, from Accenture, who opened students up to customer relationship management systems for healthcare organizations. The day featured two keynote speakers: Paul Keckley (adjunct professor at the Health Sciences and Nursing School) from Deloitte and Wil Yu from Health and Human Services. Later, students met with Brian Tham (MSB MBA 2010) from Human Genome Sciences to discuss operations in Biotechnology. In addition to guest speakers, the day included a panel of Georgetown Alums from MSB, Andrew Yang (Potomac Labs), Michael Consilvio (Ortho Clinical Diagnostics) and Kirsten Grubbs (Intuitive Surgical) and recent graduates from Georgetown School of Health Science and Nursing Tia Chase (PwC) and Jonathan Duxbury (Accenture). The day concluded with the COO of Georgetown University Medical Center, Miriam Markowitz, who provided insights into the trends in provider healthcare.

HBA Members Team up with Consulting Teams


To develop practical work experience, HBA members and their fellow MSB classmates enrolled in a course centered on management consulting in the healthcare industry. In the course, students develop an overview of the theory and practice of healthcare consulting in the context of payer/provider services (for health systems, employer groups, and health plans), life sciences consulting (for pharmaceutical, medical device, and biotechnology companies), and business planning and organizational development services (for varied clients). The class is led by a Dr. Ryung Suh (MSB MBA 2003) and his colleague at Atlas Research John Gilmore. Dr. Suh is the CEO of Atlas Research, a research and consulting firm specializing in highly visible, complex projects for the U.S. Government, corporate clients, and non-profit organizations with an emphasis on strategic planning, research and analytic services, project management and program support, and public policy development for healthcare systems and the healthcare industry.

Summary of Student Projects and Their Consulting Firms: Project: Value Creation in Healthcare Description: Assessing the investment in healthcare through venture capital funding, private equity investment, and mergers and acquisitions Analyze sustainable growth rate for Medicare Sustainable Medicare to determine a long term plan for Growth Rate Analysis managing the available funding for Medicare recipients Measuring the barriers and issues of Measuring CPOE and computerized physician order entry (CPOE) ICD-10 and International Classification of Disease (ICD) 10. Health Insurance Exchange Evaluating healthcare insurance exchanges at the state level Product Development Due Researching the market potential for a new health data product offering serving acute Diligence and post-acute providers Reviewing the use and adoption of Prescription Drug prescription drug monitoring programs Monitoring Company: McKinsey and Company

Deloitte

Booz Allen Hamilton

Alvarez and Marsal Avalere

Mitre

Students Taking the Initiative Outside the Classroom


Students are also engaging in consulting projects in health care with local organizations: Georgetown University Hospital - Reduce the linen expenditure and establish controls for use Boxtone (IT Mobility Security Company) - Market sizing and research project focused on opportunities within the healthcare sector for market entry and penetration.

Case Competitions
Four members of HBA attended the Emory Healthcare Case Competition this past February. Students were pitted against 9 top MBA programs from around the country. The Georgetown team presented a bold strategy for telemonitoring success at the Visiting Nurse Health System of Atlanta. While not selected as a finalist, the students built on this year's valuable experience and looks forward to sending another team from Georgetown next year.

HBA Board (2011 and 2012)


Board Position
President EVP/COO VP of Marketing and External Communications VP Finance VP Events VP Alumni VP Career VP Evening

2011
Kendall Natter Payal Garg Mark Switaj Suvo Nandi Rafi Tabib Ashley Ponce Diane Lee

2012
Jennifer Walker Tom Jones Neusa Facenda William Yang William Lindmark Michael Gart Bryan Beaudoin Yingda Wen, Kyle Henderson

Full-Time and Internship Employment in Healthcare


Student
Diane Lee Matthew Ferebee John Vivoda Venessa Weissenberger Erin Hagarty Rebecca Meisels Kendall Natter Mark Switaj

Full Time Company


Baxter Healthcare Johnson & Johnson Johnson & Johnson Johnson & Johnson GlaxoSmithKline GlaxoSmithKline Advisory Board Emcare, Inc.

Student
Antoine Grand-Clment Katherine Cohen Mark Waks Patrick Jordan Michael Gart Jennifer Walker Neusa Facenda

Internship Company
Johnson & Johnson Bayer Healthcare LLC Johnson & Johnson New York Presbyterian Hospital Albert Einstein Healthcare Network Memorial Sloan Kettering Cancer Center Qiagen

Healthcare Day 2012


Next fall, the Healthcare Business Alliance will be hosting its Annual Healthcare Day on Friday, November 16, 2012. The day will focus on the impacts of regulation and policy in healthcare. If you would like to attend as a speaker or panelist please contact mba-healthcare@mail.msb.edu (Subject: Healthcare Day). More information to come in the fall.

Keep in Touch
We would like to hear from you, please send us an update on your career successes and professional accomplishments. mba-healthcare@mail.msb.edu (Subject: Alumni Update)