Michael Mazzeo, Dean and Professor of the Knight family at Olin Business School at the University of Washington in St. Louis recently announced the beginning of a new health initiative-part of the school’s five-year strategic plan-which envisions Olin as the main institution for the health business and an innovation engine in Washu.
“Impact – this is what motivates us in Olin. We are focused on creating a positive impact on society through world -class community research, education and cooperation, “Mazzeo said.
“The health ecosystem is widespread. Patients, populations and policies can all benefit from the perspective anchored in Olin’s research and education mission. We can teach physicians the skills needed to lead, improve surgeries through systems, and help bring new therapies to patients. We look forward to leading the partnerships that will generate solutions to the deepest social challenges. “
Guided by Managing Director Patrick Aguillar, MD, EMBA ’20, Health Initiative promises to address multiple challenges in the health industry by creating cooperation with innovators across Washu and the region, preparing students for effective health career and promoting Commercialization opportunities.
“Olin Business School is well located in the St. Louis region with institutional partners in Washu – including the School of Medicine and Public Health School – as well as partners throughout the community that are focused on making health, “Said Aguillar. “From pharmaceutical companies to insurance providers, physician groups and hospitals, the region is rich in resources that contribute to lead longer and better life.
“Through our expertise of the faculty and the students we train, we believe that the Olin Business School can be a valuable partner to direct health solutions and to maximize impact.
“Moreover, I am excited for the students who are entering the business school interested in health and I am eager to tell them what we have to offer.”
For students of all backgrounds, human sciences, engineering-a business education can provide a pragmatic way to attract their thoughts and penetrations and help them effectively realize their goals.
Patrick Aguillar
Building the foundation
The Olin Health Initiative is concentrated in four main pillars: research and scholarship, curriculum design, commercialization and executive education.
- Search and scholarships: The Olin Faculty is already engaged in significant health -related research, Aguillar said. For example, Sydney Scott, an associate professor of marketing, investigates consumer engagement with medical products through lens of moral beliefs, which has generated important knowledge of both doctors and public health experts. And Tony Sardella’s transformative work on the return of the production of critical pharmaceutical ingredients in the US has brought millions to funds in the region and is helping to facilitate drug deficiencies.
Olin plans to continue and build this scholarship by strengthening relationships with the Washu drug and the School of Public Health, as well as industry partners.
- Expand course offers and experimental learning opportunities: In addition to the existing university degree in health care management, Olin will begin a health focus on the Master of Business Administration program this summer. “We are working with corporate partners to understand the skills needed for their workforce and are committed to building our degree of degrees content in ways that are attractive to students and prepare them for industry work the whole country, ”said Aguillar.
Through the Olin Center for Experimental Learning, the school will also provide students with opportunities to work on projects that address the specific challenges of the health industry. This practical experience is invaluable in equipping students with extensive business understanding and specialized knowledge of the health industry, Aguillar explained.
- Support commercialization of biomedical research: Through educational sessions, individual training and network connections, Olin will partner with researchers in Washu Medicine and across the university to help transform their scientific discoveries into solutions that benefit patients in the region and beyond.
“Washu is committed to transforming its world -class research into innovative therapy and significant technologies that benefit from society and promote economic growth,” David said. H. Perlmutter, MD, Deputy Chancellor of the Executive for Medical Affairs and Dean of Medicine Washu.
- Executive Education: The last pillar of this initiative will be the expansion of continuing and specialized education programming to help health leaders stay up to date in the ever -changing health industry.
By combining Washu Medicine’s expertise in the basic discovery with Olin’s expertise in business strategy, we can accelerate the path to commercialization. This new initiative marks a main step in Washu’s efforts to expand its commercialization opportunities, and I am excited to work with Dean Mazzeo to bring it to life.
David. H. Perlmutter
Construction bridge
At the beginning of the Health Initiative, Olin’s initial concentration was in creating stronger collaborations with the Washu drug and the School of Public Health.
“I am grateful to Dean Perlmutter and Sandro Galea, the inaugural dean of the School of Public Health, for their sincere commitment to make these partnerships work,” Mazzeo said. “These collaborations will help make sure that students across the campus take advantage of the faculty expertise and that our work is cohesive and uses the full power of Washu.”
This focus on cross-champus cooperation is what will single out the Olin Business Health Program from other schools, Aguilar said.
“There are a number of countries where health care management or health administration is really good,” he said. “We believe that our program will be unique because we will maintain the full breadth of business education and offer deep diving in health, and we will do it in partnership with our medical schools and health public.
“Many countries have shared this where either the Business School or the School of Public Health has this thoughtful leadership about health management. In Olin, we are committed to being partners and working closely with our colleagues in medicine and public health for Build a community that asks and answers these questions together.
Circle
Aguillar recognizes in the first hand the value of a business education for medicine. As a pulmonologist and an assistant professor of medicine in Washu Medicine, Aguilar was promoted to the Director of the 2018 Critical Critical Care Program.
“What I soon realized was that I was well trained to be a doctor, but I had no ability to think properly to manage a busy practice,” he said.
Aguilar started receiving executive educational programs and then enrolled in the MBA program, completing his rank in 2020 organizations can make things better for both patients and doctors, ”he said.
Returning to Olin to lead the new health initiative was an opportunity that Aguilar could not resist.
“Olin has a deep talent bench in research, teaching and community partnerships that can join thinkers of all kinds from the institution to make it better. I think it’s amazing to be part of this and Help to make it a successful venture, ”he said.