Innovative HCSimulation can be a vehicle for testing potentially revolutionary new ideas, points out Rubin Pillay, M.D., Ph.D., assistant dean for Global Health in the UAB School of Medicine and professor of healthcare innovation and entrepreneurship at the UAB Collat School of Business. “Medicine is an evidence-based profession,” he noted. “I can’t go into the ER and start tweaking things just to see what happens. But the way health care is going, you have to be innovative just to survive. And innovation, by its very nature, is all about doing something that’s never been done before.”

That’s why Pillay is developing a “design and simulation lab” as part of the proposed UAB Center for Healthcare Innovation, “a place where anybody can feel free to come in and try out new ideas,” he explained. The approach has been pioneered by the Mayo Clinic and Kaiser Permanente, Pillay says. A nurse could use computer simulations to model a new approach to scheduling surgeries in UAB’s operating rooms, for example. Engineers and entrepreneurs could come together to test smartphone-based monitoring systems for patients. Entire medical teams could practice a new workflow in a replica patient room, without interrupting standard care.

“Not everything will work,” Pillay said. “But it’s just like the tech industry — the idea is to fail fast, cheap and forward. That’s how you learn.”

Read more- Ever Ready: Simulation accelerates learning, innovation across UAB's health enterprise

Students, alumni, and friends, please join us for one or all of these Homecoming 2015 events...

Two Collat students have been selected as finalist for Mr. UAB!  
Please consider supporting them with your vote during Homecoming week-


Regions TeamRegions Financial Corporation Chairman, President and CEO Grayson Hall was the inaugural CEO guest in the combined undergraduate capstone and MBA class, “Strategic Leadership Through the Eyes of the C-Suite,” on September 22, 2015.

Regions Financial has adopted the concept of “shared value” in its business, in which everyone shares in the benefits of an organization’s strategy. Harvard Business School professor Michael Porter, who is generally regarded as the most influential voice today on strategic thinking for business, created this concept.

briefcase stethoscopeThe Collat School of Business and UAB’s School of Medicine this fall will begin offering a dual Doctor of Medicine and Master of Business Administration degree.

Collat and the School of Medicine partnered to develop a program aiming to provide MD/MBA graduates the best possible trajectory to expand their career options, and to create future physician-executives.

The new dual-degree program will give medical students the training and education to better understand the business side of health care, through providing courses in accounting and finance, economics, marketing, management, health care innovation, operations, and supply chain management with a focus on health care, as well as information technology and business strategy with a focus on health care.

Yoder.9.4.15Over 30 alumni of the Collat School of Business were in attendance on September 3, 2015 when Assistant Professor Stephen A. Yoder, J.D., spoke on “Negotiation and Persuasion Skills for Internal Auditors.” The IIA is the internal audit profession's global voice and principal educator.

The Birmingham chapter of IIA is composed of internal auditors at all sizes and types of organizations in the Birmingham area, with most employed at the largest organizations, such as Regions Financial, BBVA Compass, and Protective Life.


With two Rhodes Scholars chosen from the previous six cohorts, there are high expectations for the 35-five students in the class of 2016 cohort of the Collat School of Business Honors Program. Participants in the Honors Program are selected on the basis of their academic performance in courses at the School of Business and in courses elsewhere at UAB, and on the basis of faculty and advisor recommendations.

Most of Collat School of Business disciplines are represented among the majors of the students. In addition, there are also some non-business disciplines represented from students who have majors outside of business, but who see business as a smart complement to their non-business studies. The majors of the 2016 cohort are:

• Management (9 students)
• Finance (8 students)
• Industrial Distribution (7 students)
• Accounting (4 students0
• Economics (3 students)
• Biology (1 student)
• Information Systems (1 student)
• Neuroscience (1 student)
• Political Science (1 student)

Many of the students in the Honors Program are either UAB Ambassadors (students selected to serve as the university's official hosts and hostesses) or Collat School of Business Student Leaders (students who assist in recruiting and other external school activities).

There are three courses in the Honors Program, which typically begin in the spring semester of a student’s junior year, and all of which are aimed at developing students’ leadership abilities:
• A principles of leadership course, including an introduction to business presentation skills;
• A strategic leadership course in which CEOs of large organizations present to and interact with students; and
• An independent study course in which students make presentations at the UAB Undergraduate Research Expo in April of their senior years.

The Honors Program is one of several honors programs offered at UAB to provide an enriched experience for high ability students. The UAB Honors College consists of several university-wide programs as well as other department- or school-based programs like the Collat School of Business program. Several students in the Collat School of Business program are also participants in university-wide programs, including the Early Medical School Acceptance Program, the University Honors Program, and the Science and Technology Honors Program.

Honors Program class of 2010 cohort member Josh Carpenter and class of 2015 cohort member Ameen Barghi were named as Rhodes Scholars in 2011 and 2014, respectively. Josh is completing his D. Phil. In Political Science from Oxford University while simultaneously beginning work with Viva Health in Birmingham. Ameen began studying Public Policy at Oxford in September 2015.  Andrew Milstead, a class of 2015 cohort member and Finance major, was selected to participate in the Clinton Global Initiatives University in March 2015. Amanda Viikinsalo, a Finance major in the 2016 cohort and a student in the University Honors Program, was recently a finalist in the “Wicked Problems” case competition sponsored by the UAB School of Public Health.

CEOs of most of Birmingham’s publicly-traded and large private companies, and thought leaders such as Neal Berte, president emeritus of Birmingham Southern College, and Drayton Nabers, former CEO of Protective Life Corporation and former chief justice of the Alabama Supreme Court, have visited with participants in the Honors Program.

(Pictured left to right, front row: Richard Trieu, Viny Memula; Brian Haynes; Margot Beerman; Jonathan Pilgrim; Anaiza Medina; Miriam Semaan; Amanda Viikinsalo; Austin Yost; Christian Maziarz; Kayla Bryant; Steven Cole; Kelly McAninch; Rachel Gomes; Daniel Morriss; Devin O’Rourke; Grai Sharp second row: Hongji Liu; Colton Spates; Imani Burnett-Byard; Kevin Molloy; Glynna Siegler; Audrey Taho; Laura Seick; Olivia Rouss; Amanda Rice; Boyang Sun; Spencer Herndon; Kathleen Neighbors; Josh Park. Not pictured: Alex Cason; Jordan Giddens; Joey Jones; Becky Jurgens; Jennifer Praytor)

daniel sanabriaUAB MBA student Daniel Sanabria was recently selected to serve as an Innovation Award Ambassador for Alabama Launchpad's 2015 Innovation Conference.

Daniel, who graduated from the UAB Collat School of Business in 2004 with a bachelor's degree in economics, is CEO of Sigma93 Capital Management, one of the half-dozen student-let companies in UAB's Innovation Lab (iLab) inside Innovation Depot. He was selected based on his involvement with companies in Innovation Depot, his engagement with the ILab and his support of Collat programs, said iLab director Kathleen Hamrick. 

"He well represents the caliber of talent coming from the Collat entrepreneurship programs," said Hamrick.

CFE logoProfessor Stephen Yoder, JD spoke to the Alabama Chapter of the Association of Certified Fraud Examiners on August 14, 2015 on “Barriers to Good Ethical Decision-Making.” Certified fraud examiners are required to take training in ethics each year in order to maintain their certifications, and Yoder’s presentation fulfilled that requirement.

In his remarks, Yoder noted that the most common reasons for good people to make bad ethical decisions include youth, a desire to fit in, over-confidence, and over-optimism. He described how many of these conditions were present in some well-known decisions in business that are now considered unethical, such as at Ford Motor Company with its design of the Pinto in the 1970s and at Enron Corporation in the 1970s.

Yoder said, “I use many of the same examples with students here at the Collat School of Business as I use with seasoned accounting professionals in continuing education sessions. Most students have never heard of Enron, but benefit from hearing about the conditions that were present that led to the downfall of that company.”

Yoder teaches business law, ethics, strategy, corporate governance, and leadership. He is the former general counsel of a publicly-traded bank holding company.

Summer biz scholars 2015 This month, Collat School of Business student scholars are collaborating with area high school students on a research project to analyze possible solutions for economic and social disparities within Birmingham.

The Business Student Scholars Program, now in its fifth year, will focus on developing a strategic plan for the revitalization of the historic 6th District of Birmingham, including neighborhoods such as Glen Iris, Arlington-West End, Woodland Park and Five Points South.

In 2014, students involved in the program partnered with Birmingham City School System students to evaluate the 6th District’s overall well-being, ranging from education and crime prevention to housing and health disparities.

This year, a different group of students are continuing to study opportunities to improve the 6th district, with a particular focus on partnering with Birmingham Land Bank Authority and Habitat for Humanity to improve housing conditions and availability within the district.