The main components of the Evans Fellowship program include 1) completion of the Business of Medicine MBA program from the IU Kelley School of Business; 2) mentorship and networking opportunities with IUSM and IUH enterprise executives; and 3) opportunities to learn about strategic organizational decision-making in real time through observing and participating in select governance and leadership meetings. Each of these components is explained further below.
IU KELLEY BUSINESS OF MEDICINE MBA
The Evans Fellow will complete the 21 month, 51 credit hour program of study leading to the Business of Medicine MBA offered by the IU Kelley School of Business, one of the top 20 business schools in the U.S. Unlike traditional or other executive MBA programs, the Kelley Business of Medicine MBA program is designed specifically for practicing physicians. In addition to foundational business concepts such as financial management, strategic marketing, and operations management, the curriculum includes specialized coursework specific to leading in the healthcare industry such as healthcare revenue and delivery models, understanding consumer healthcare behavior, healthcare policy, and process improvement.
Further, the program includes networking and team development experiences through small group learning with other physician-students from across the country, a 360 assessment combined with individualized executive coaching, and a trip to Washington DC as an experiential component of the healthcare policy curriculum.
Tuition and fees associated with this program will be covered as part of the fellowship.
MENTORSHIP AND NETWORKING OPPORTUNITIES WITH IUSM AND IUH EXECUTIVES
Fellows will engage in activities to map their professional network and assess how their network impacts the accomplishment of their career and leadership goals and to determine in which areas his/her network needs to be expanded.
After completion of the network map, fellows will complete at least 8 interviews with senior leaders across IUSM and IUH regarding their career development and role in the health system. The goal for these interviews will be to gain insights into the structure and functions across the organization and to forge relationships with senior leaders across disciplines, particularly in areas in which the fellow’s network needs to be expanded.
Fellows will have the unique opportunity to meet for mentoring on a monthly basis with Mr. Dan Evans; and quarterly with Jay L. Hess, MD, PhD, MHSA, Dean of the IU School of Medicine and IU Vice President for Clinical Affairs. Discussions will focus on current trends and issues in academic healthcare systems leadership, application of learnings from the MBA coursework to the IUSM/IUH enterprise, observations of the meetings described below, and debriefing of the senior leadership interviews.
Additionally, fellows will meet on a quarterly basis with the IUSM Executive Associate Dean for Faculty Affairs and Professional Development to discuss their experience in the fellowship program and career development issues.
STRATEGIC ORGANIZATIONAL DECISION-MAKING IN REAL TIME
Fellows will have the opportunity observe and/or participate in several high-level meetings in IUSM, IUH, and IUHP. Such meetings may include but are not limited to: IUH system leadership retreats; IUSM School Executive Committee Meetings; IUSM Department Annual Reviews; IU Faculty Steering Committee meetings; IUH/IUSM enterprise alignment meetings; select IUH and/or IUHP Board of Director meetings; IU Board of Trustees meetings; IUHP Physician Alignment Council meetings; IUH Strategic Planning Executive Committee meetings.
The purpose of attending these meetings is to observe behaviors and decision-making processes and assess the focus and effectiveness of the meeting in relation to the stated values and goals of the organization. Particular attention will be given to shared decision-making and resource allocation at the enterprise level.
Time Commitment and Support
The Kelly Business of Medicine MBA program is designed around the scheduling demands of busy physicians. The majority of coursework is online (approximately 8-12 hours per week), plus once per month in-residence sessions occurring on the weekends in Indianapolis. The curriculum is administered in quarters with the first quarter beginning each September. The Evans Fellow will receive financial support for tuition and fees to complete the program. The time commitment to participate is 10%. The Fellow’s academic department is expected to provide salary support and protected time in order that he/she can meet the program requirements. In return for participating in the program, the Fellow will commit to staying on the IUSM faculty for at least two years after completion of the program.