MBA students Nicholas Milliron, Mark Mulvahill, and Dane Stimart took first place at the Business School Alliance for Health Management’s (BAHM) annual case competition hosted at the Carlson School on April 23. This is the second time the Carlson School earned first place at the BAHM competition since first taking part in 2013.
In taking first place, the Carlson School defeated second-place Georgia State and third-place Vanderbilt, as well as teams from Wharton, Harvard, Kellogg, Haas, Boston University, and the University of Colorado.
“It’s both wonderful and humbling to see the Carlson School perform at such a high level,” said MILI Director Stephen Parente. “In addition, MILI’s Executives in Residence made the competition even better as some assisted the Minnesota team in polishing its performance to world-class while others served on the expert judges panel.”
The BAHM case competition is for students to apply classroom knowledge and innovative techniques to develop the best analysis of real-life, industry-related problems and scenarios. The student teams complete a business analysis of an early-stage industry innovation, such as a medical device or pharmaceutical, and its prospect for the market. The analysis includes a 20-page market assessment document and a 25-minute presentation in front of industry judges. The judges included executives from Piper Jaffray, Medtronic, Care Choice Cooperative, Evergreen Medical Technologies, UnitedHealth Group, Resoundant, Inc., and Hillcrest Associates, LLC.
This year’s competition was sponsored by Medtronic, UnitedHealth Group, Accenture, and SFA Consulting.
“By hosting the BAHM competition this year, the Carlson School was able to demonstrate our place alongside the top healthcare MBA programs and show everyone the strong healthcare community in Minneapolis,” said MILI Associate Director Jessica Haupt. “In addition, we were able to showcase two global industry leaders with headquarters in Minnesota – Medtronic and UnitedHealth Group – to a group of students who went on site visits.”
BAHM was founded in 2010 to transform the health sector by advancing education, research, and practice in the nation’s top schools of management. Its mission is to encourage and inspire faculty and students to come together and harness their collective energy, intellect, and resources to solve today’s healthcare problems.