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Healthcare Administration and Management

Healthcare Administration and Management

Today, an estimated 100,000 people occupy health management positions at numerous organizational levels.

With the growing diversity in the healthcare system, many executives are needed in settings other than the traditional hospital. However, competition is intense at all job levels, and many positions that previously required only a bachelor's degree now require a master's degree. Each year, about 2,000 students receive graduate degrees in healthcare management.

Medical and health services managers must be familiar with management principles and practices. A master's degree in health services administration, long-term care administration, health sciences, public health, public administration, or business administration is the standard credential for most generalist positions in this field. However, a bachelor's degree is adequate for some entry-level positions in smaller facilities, at the departmental level within health care organizations, and in health information management. Physicians' offices and some other facilities may substitute on-the-job experience for formal education.

Employment of medical and health services managers is expected to grow faster than average for all occupations through 2014, as the health care industry continues to expand and diversify. Job opportunities will be especially good in offices of health practitioners, general medical and surgical hospitals, home health care services, and outpatient care centers. Applicants with work experience in the health care field and strong business and management skills should have the best opportunities. Competition for jobs at the highest management levels will be keen because of the high pay and prestige.

Employment will grow fastest in practitioners' offices and in home health care agencies. Many services previously provided in hospitals will continue to shift to these sectors, especially as medical technologies improve. Demand in medical group practice management will grow as medical group practices become larger and more complex. Managers with specialized experience in a particular field, such as reimbursement, should have good opportunities.

Median annual earnings of medical and health services managers were $67,430 in May 2004. The middle 50 percent earned between $52,530 and $88,210. The lowest 10 percent earned less than $41,450, and the highest 10 percent earned more than $117,990.
Featured Online Schools Offering
Healthcare Administration and Management
American Intercontinental University Online Editor's Choice

Healthcare Management - Bachelor of Business Administration
This program provides a solid foundation for those interested in a management position in healthcare, whether in a hospital, long-term care facility, insurance company, managed-care program, pharmaceutical company, or one of the many other healthcare-related industries. Students will receive a unique, market-relevent combination of comprehensive business education with real world, healthcare-focused applications. The program combines a core education in business and focuses on critical topics in healthcare management. After this foundation is laid, students take an in-depth look in healthcare business, management, and healthcare marketing.

AIU offers these Healthcare Management degrees:
AIU is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools.
University of Phoenix Online
Keller Graduate School of Management Online
Walden University Online

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