Healthcare Management Career Path – The American health care industry is large by almost any standard. It processes more than 36 million hospital admissions each year, according to the American Hospital Association, and books outpatient appointments and consultations for hundreds of millions more. According to a 2019 Brooking’s Institute report, the industry accounts for 24 percent of government spending and employs 11 percent of all American workers, more than 16 million jobs… one in every eight workers in the country.
Then there’s the health insurance industry, which pays nearly a quarter of all non-wage benefits each year. Think about that for a moment – health insurance payments equal a total of 25% of all Social Security, veterans benefits, welfare, private pensions, interest, dividends, annuities and other similar investment products paid out in the United States each year. At the same time, individual consumers still put more than 8 percent of their costs in health care, on average more than $ 10,000 per year.
Healthcare Management Career Path
Programs Featured: Medical Billing and Coding, Associate of Science in Health Sciences, Bachelor of Health Administration, Master of Health Informatics
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Programs offered: Bachelor of Health Administration, Bachelor of Public Health, Master of Public Health, Master of Health Informatics
Programs offered: Bachelor of Sociology – Community Health, Bachelor of Health Science, Master of Public Health (MPH), MBA in Healthcare Management
Programs offered: Bachelor of Health Management, Master of Health Administration, Doctor of Health Administration, Doctor of Health Services
If there’s one thing you can be sure of, it’s that when a lot of patients are seen and treated, and a lot of money is flying around, it takes a lot of administrative work to make that happen. And this means that many positions in the health administration need to be filled.
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Choosing a career in an industry this tight with money and a field like health care administration with so many options is no small task. Not only does it have several major job sectors of its own, but there are also dozens of administrative specialties that can be combined with dozens of medical specialties to create hundreds of completely unique careers. All of these paths may depend on your education, experience, and personal circumstances…every decision you make from the moment you graduate high school to the moment you choose your doctoral dissertation topic will affect your career trajectory in this fast-paced and for ever. – change industry.
What you do know about a career in health care administration is that it will be exciting, fast-paced, and offer you every opportunity to help people who need and deserve quality care. Everything else can be up in the air.
If there’s one thing you can count on in any healthcare job, it’s that your well-planned career will at some point be derailed by rapid changes you may not even see coming. Healthcare administrators, in just the last two decades, have had to deal with some epochal changes in the industry:
He has no idea what is just around the corner for health care workers administration. Some of the most sought-after careers in the field did not exist a generation ago until major changes in technology and regulations led to entirely new fields such as health informatics and electronic health records. In a decade, other completely new roles may appear, while others may fade into the background. An industry driven by change requires highly educated managers
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There is no sure way to predict exactly what changes you will see in the industry in your lifetime, but there are some trends that future healthcare professionals should watch out for and prepare for to remain relevant:
New threats require more planning – COVID-19 isn’t going away and probably won’t be the last pandemic you’ll see in your career (although we can all hope it was the worst); Population pressures and climate change continue to bring new threats to health. And many remain uncertain about the prognosis for millions of coronavirus survivors; Moderate or severe kidney damage was found in 30 percent of hospitalized patients. Could this mean a wave of organ failure in ten or twenty years? Administrators must always be alert and ready for the possibility of new threats to health care.
Handling Information Technology Changes – While EHRs have already become commonplace in the industry, they are only the tip of the iceberg when it comes to information technology’s potential to drive innovation. Artificial intelligence diagnostics, data mining to discover healthcare trends and new drugs, micro-implantation and nanotechnological organ repair… are all on the horizon and each could completely change conventional treatment modalities.
Evolving Needs of Patient Populations – The fact that the Baby Boom generation is creating a wave of geriatric care concerns for the US healthcare industry is, at this point, old news. But less noted outside the industry is a similar demographic shift in the patient population that will challenge many of the expectations and conventions of modern American health care. It calls for new culturally aware health practices—everything from language and religious considerations to accommodating different dietary needs and preferences.
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Uncertain Political Landscape Threatens System – COVID-19 has also exposed extreme fractures in the health care system, from unstable supply chains to broken public health warning and prevention systems. The court battle, even during the worst of the pandemic, to overturn the ACA has shown deep disagreements over how health care should be paid for in America and how many Americans should even be covered. If the passage of the ACA was a major change to the health care system, its repeal will be just as consequential for health care providers. Regulatory and financial uncertainty in today’s system is a constant concern for managers.
These trends – and others that may not even be identified yet – will play a role in changing the course of your healthcare career. It is a wise idea to choose a path that is likely to keep you ahead of the curve, but it is also wise to remain flexible enough to adjust course as changes occur. The right degree in health administration for the career you want
Being prepared for the career you want and whatever may happen to you during that career always starts with a college education. Not only is college your ticket to industry, it’s also your best insurance for longevity. That’s because college degrees not only give you the specific knowledge you need for healthcare administration, but they also provide something very valuable: the ability to continue learning long after graduation.
At the very least, it will require at least several years of intensive study; at the top of the profession, you could spend more than a decade in school.
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However, your choice of degree is not a one-time deal. It is best to think of it as a ladder, with lower rungs opening access to higher rungs. You don’t have to immediately decide what your final goal will be. It might even be a mistake to do it before you get to know the work first hand. After a number of years in the field, you can very easily decide that you want to advance, and the good news is that you will have degree options to make this happen.
Even if you continue to rise in the ranks, it is very unlikely that you will do it all at once… although it is fairly common to go straight from an associate program to a bachelor’s degree, in all other cases you will. usually expect to invest some time actually working in the industry to build your experience before going to more advanced degrees such as an MHA or DHA. Health Administration Diploma Levels Explained
Along with the time required and the work that will qualify you for them, you will find that there are some differences in how the degrees are made at each level and what the educational goals are similar to.
Associates – Associates degrees are designed to provide basic preparation for entry-level jobs in health administrative services and serve as a stepping stone to a bachelor’s degree. It makes sense to think of them as the first half of a bachelor’s degree, actually, since a fully transferable associate’s program will account for about half of a bachelor’s degree. This means that in addition to the health and business principles you’ll learn, they also include core liberal arts and general education courses, such as English, social studies, and math.
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Bachelor’s Degree – In addition to offering specialized knowledge of the administrative methods and processes that go on behind the scenes in healthcare organizations, bachelor’s programs are designed to offer a well-rounded general education in the arts and sciences. Building on the foundation of an associate’s program (or including a similar course if you have not earned an associate’s degree first), this means a sequence of mandatory lectures designed to give you a general set of knowledge and improve your critical thinking and communication skills. skill
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