On October 27, students from universities across the Midwest came together to present solutions to real-world problems facing today’s healthcare industry. This opportunity was enhanced through involvement and support from PYA.
PYA has a long tradition of supporting the communities it serves, so the firm’s sponsorship of the University of Kansas School of Medicine’s 13th Annual Master of Health Services Administration Case Competition was a natural fit. The competition allows students to apply their classroom knowledge to a contemporary healthcare issue. Student teams devise solutions to a realistic challenge and present them to judges in two rounds of competition.
As the sole sponsor of the 2023 competition, PYA not only provided financial support for the event, but members of the PYA Kansas City team also collaborated with event organizers to write the case challenge based on PYA’s substantial experience working in the healthcare environment.
PYA also provided competition judges and in-kind services, including free professional headshots for the student competitors and professional videography of the event by PYA’s Video Services team. Additionally, first-place team members will have the opportunity to interview for internship positions at PYA.
“PYA is honored to have partnered with the University of Kansas School of Medicine in another successful case competition,” said Martie Ross, Managing Principal of PYA’s Kansas City Office. “We witnessed extraordinary creativity, insight, and strategic thinking from the five teams, and we’re looking forward to how these exceptional students will impact the healthcare industry.”
This year’s challenge required students to identify, prioritize, and quantify the potential impact of pursuing specific opportunities over the next three years to improve operating and/or non-operating revenue for a fictitious Midwest Community Hospital (MCH). Students presented their solutions as if to the hospital’s executive leadership team. The students considered MCH’s capital expenditure budget, equipment infrastructure, workforce shortages, clinical expenses, and quality of patient care using information on market dynamics, community landscape, patient population, and hospital operations provided in the challenge.
Congratulations to these winning teams:
- First place: University of Iowa
- Second place: University of Oklahoma
- Third place: University of Kansas
If your organization is interested in learning more about PYA’s experience in the healthcare industry and how a partnership can enhance your organization’s success, help you prepare for growth, assess your regulatory and compliance programs, or any other matter related to strategy and transactions, our executive contacts are happy to assist. Please contact them by e-mail or by calling (800) 270-9629.