If you are considering a career in health care management, there has never been a better time. This is a growing field, expected to grow by 32 percent between 2019 and 2029, according to the United States Bureau of Labor Statistics. It has a median salary of $104,280 in 2020, and this is expected to grow.
An additional growth indicator for this field is that the current Biden Administration intends to budget over $7 billion in the American Rescue Plan for the health care workforce alone. The intent on that is to shore up the front lines of administrators and essential workers in the health care workforce, in the event that a pandemic hits America again. Online degrees such as an online MBA in health administration can help you to enter this exciting field. Learn more about that job outlook here.
What do Health Administrators Do?
Health care administrators are working at the administrative level to ensure that the health care system as a whole is running smoothly. They work in billing, scheduling, director’s positions, and as officers of the unit that they are running at the time.
They need to be the most knowledgeable people in the building. Health care administrators need to have some biology and scientific knowledge of health care and health systems. They also need to understand how the organization will pay the bills. This is why they will often have higher salaries than nurse practitioners even.
When the bills come in, the health administrators and managers need to know why someone needs services and treatment, and why third-party payors are asking for this amount of money. As we have seen since the pandemic began, their knowledge base needs to expand every day. If it doesn’t, lives are at stake.
What is Required to be a Health Care Manager?
To qualify for a position in this exciting field, you need to have at least an MBA. Some management experience will likely be preferred as well in many places. However, you do simply need to understand what a health care unit needs, and how to get it for them.
An online MBA in health administration will get you that, as will an MBA in health care management at a brick and mortar school. You will take courses in planning, management, the law, the economy, human resources, and how to understand the health services system.
This is an ideal career field for people that want to help others and be of service, but don’t have the interest in patient interaction that doctors, nurses, and nurse practitioners do.
Enroll in Online Course Today
The job outlook for any role in health services in any field or specialty is growing today. The government is putting health care as a priority and funding systems and services to ensure Americans have what they need in every way. This is not going to end any time soon. Enroll in online courses today and get what you need to enter this exciting field.