You want to make a career change. You’ve heard many good things about career opportunities in healthcare. People will always need medical treatments and it’s an industry you can feel good about working in.
Healthcare is one of the fastest-growing industries today, with a wide range of positions with unique skill requirements. The business side of healthcare would not be possible without healthcare managers and administrators who are responsible for budgeting, scheduling and finding ways to improve patient care. While allowing you to make a difference in the lives of others, this profession will leverage your stellar organizational and communication skills.
A Master of Science in Healthcare Management opens up many healthcare leadership positions that may not be attainable for someone with only a bachelor’s degree. These positions come with a great level of responsibility, as well as higher median salary. According to PayScale’s College Salary Report, the average annual salary at an entry-level job for MSHM graduates is $57,100 US, compared to just $39,400 US for bachelor’s degree holders.
“Healthcare administrators take up challenging leadership roles – like operations management, information management or quality administration roles – within the dynamic landscape of the healthcare system.”
Here are some of the jobs you could land with a healthcare management degree:
Healthcare Administrator:
Healthcare administrators might oversee an entire healthcare system or manage one hospital. They are responsible for ensuring smooth operations and can also play a role in long-term planning for the organization. At least a bachelor’s degree is required for healthcare administrators, but a master’s degree is often required for continued advancement in their careers. Although specialty degrees such as a Master of Science in Nursing Leadership and Administration can help you qualify best for these roles, nurses considering jobs in healthcare administration can also find unique administrative roles in nursing departments.
Quality and Improvement Manager:
This role involves the responsibility for ensuring that your organization complies with current care standards as a quality and improvement manager. A role like this also involves helping other members of the healthcare team stay up to speed with best practices, some quality and improvement managers also lead workshops and training seminars. There may be the need for additional certifications to become a quality and improvement manager in addition to earning your master degree.
Department Manager:
Managers in healthcare departments oversee a specific department or team within the organization. The responsibilities of those who oversee nursing, surgery or physical therapy departments differ based on their specialty. One way to advance your healthcare career if you have work experience as a nurse or medical assistant, for example, is to become a healthcare manager.
Your day-to-day tasks will include working and communicating with medical personnel to facilitate the everyday options of the institution, including staffing, patient relations, inventory control and scheduling.
Regardless of the exact role, healthcare management positions can be distilled down to these key technical skills:
• Budgeting
• Business administration
• Staff management
• Scheduling
• Basic patient care
Healthcare management positions often require these skill sets as well:
• Research
• Problem solving
• Collaboration
• Public speaking and communication
• Planning
The landscape of healthcare management provides the opportunity for a great deal of career movement through different roles and with different institutions. This field offers a large number of potential routes for advancement. Obtaining a master degree will give your career the most flexibility.
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