Few industries in the world are expanding as quickly as healthcare, and that growth is not expected to stop any time soon.
The good news about pursuing a career in healthcare management is that you don’t have to remain in the same position forever. Most healthcare managers have plenty of chances to prove their worth and move into “more responsible and higher paying positions,” open up even more doors in this rewarding career field.
The healthcare industry is increasingly offering future professionals diverse and numerous employment prospects in an in-demand field. The healthcare industry, from nursing professionals to management executives, are able to enter into rewarding positions that offer high job satisfaction, security, and advancement opportunities. With a healthcare management degree, professionals are able to enjoy these benefits at all levels of management in a number of different healthcare organizations and settings.
Healthcare managers are at the heart of the business behind the healthcare field as they’re in charge of budgeting, scheduling and seeking out ways to improve patient care. This profession will leverage your stellar organization and communication skills while allowing you to make a difference in the lives of others.
Healthcare management graduates have many possible choices for what healthcare setting to pursue a career, including hospitals and large medical complex facilities. In addition, healthcare executives are employed by hospice facilities, healthcare management organizations, medical supply and pharmaceutical companies, diagnostic chains, Home healthcare companies, clinics, health insurance businesses, government agencies, research facilities, rehabilitation centers, and nursing homes to name a few.
In some positions, healthcare management professionals will handle general management responsibilities. In most large organizations, however, management executives will specialize in one particular area. Common specializations in healthcare management include information systems, marketing, finance, human resources, patient care services, staff relations, nursing administration, and planning and development.
Job titles for positions in healthcare management include those from middle level management to senior level positions. Examples of possible titles for healthcare management professionals include support services executive, managed care executive, patient services manager, human resources manager, chief information officer, chief financial officer, Data intelligence unit head, and chief executive officer. For some positions, additional degrees in the medical field may be required, such as for chief medical officer or nursing administration managers.
Below are just a few of the numerous opportunities open to trained healthcare management professionals.
Hospital Senior Management/Facility Head
Hospital managers provide the backbone for hospital services and facilities. They are responsible for running their facility smoothly and successfully, ensuring optimum patient care and site services. You will hire doctors and nurses, provide comfortable patient surroundings, and develop state-of-the-art facilities and medical equipment. For this you must stay abreast of the latest developments in a range of related areas. Technological advances, human resource developments, legalities, and patient care techniques all fall within the remit of the hospital management.
Rather than being tied down to one individual organization, healthcare consultants cultivate a complete and thorough understanding of the healthcare industry as a whole using their knowledge and organizational ability to a wide range of facilities on an as-needed basis. Healthcare consultants are highly valued within the healthcare community for their firm knowledge of the foundations of healthcare management, their skill at analyzing trends and data, and their ability to design and implement special projects for a variety of facilities.
Consultants’ unique abilities to enter the scene of a new facility, to organize special projects, and to train staff make them a valuable commodity in the hot healthcare market. Also, since healthcare consultants will often work for different entities and business types on a project-to-project basis, they experience a unique perspective on the many organizational styles and trends within the healthcare industry. Consultants use that knowledge to benefit the patients of many organizations rather than just one.
There is also larger scope to be a part of the Healthcare Practice team in Big Four and other large consultancy organizations.
Home Healthcare Administrators
Home healthcare administrators provide an invaluable service to the community. These professionals possess extremely effective organizational skills and must juggle the demands of patients, formal tie-up with other players like hospitals, government agencies, financial auditors, and staff members.
Recruiting plays a large role in this branch of healthcare management. The administrator must ensure that the on-staff home healthcare providers themselves are efficient, skilled, and compassionate. An administrator covers every managerial aspect of home care, including staffing, financial concerns, and scheduling, training etc. The emotional rewards of home healthcare administration are vast. The home healthcare administrator provides not only healthcare, but also independence to patients who may otherwise have to leave behind their homes in favour of a hospital.
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Emergency Medical Services (EMS) Administrators
Emergency medical services (EMS) administrators coordinate with hospitals and outside agencies to ensure that community will have the help they need in an emergency situation. This aspect of healthcare administration is both high-pressure and highly rewarding. EMS administrators coordinate emergency response communication and resources within their geographic area of responsibilities, using their organizational talent to make certain that ambulances and emergency personnel are ready and waiting to help those in need.
Although EMS administrators must face high-pressure, life-or-death scenarios daily, emergency services remain one of the most rewarding career options in the healthcare management industry. With high pressure comes high reward, along with the personal satisfaction of knowing that their skill and the systems they have implemented enable community members to get the vital help they need the instant they need it.
Public Health Planners
Using skills learned in advanced degree programs, public health planners utilize the many informational tools at their disposal to design effective health programs for their communities. Often called upon to analyze a combination of statistical data, community study results, input from physicians and nurses, and various other resources, public health planners develop beneficial health programs and initiatives that affect a wide range of individuals.
A career as a public health planner can be incredibly gratifying, for the right initiatives can improve people’s lives by helping community members to live in a fuller and healthier manner. This is also one of the most dynamic and challenging career paths in the healthcare field. The healthcare planner must be able to constantly predict and adjust to consumer and healthcare trends. A health planner may work as part of a team one day and be alone with his research the next. Using a combination of research skills, problem-solving ability, expertise and compassion, public health planners provide a much-needed service, benefiting individuals and communities alike.
Health Information Manager
Foremost duty is to secure and organize patient records by spending a great deal of time working with IT professionals researching software that will meet the needs of storing electronic patient information. Health information managers must make sure these records are both correct and complete, as the records may be used for investigations, research and/or quality management. Health information managers largely focus on improving the quality of care through enhanced data management.
An insurance coordinator reviews insurance applications, determining whether they should be accepted or rejected at screening stage. Additionally, analyze financial data to evaluate and identify the degree of financial risk. Then, most importantly, communicates that information to other health care professional on behalf of the insurance company or TPA and Hospital partner.
Academic Program Director
One career option at a college or university is a health care program director. A program director is responsible for maintaining the overall quality of education and learning, including course curriculums, faculty, and students within their discipline.
Palliative care manager (hospice caring for terminally ill patients)
A hospice administrator is expected to manage fiscal operations including accounting, planning, budgets, and rates for services. Additionally, a hospice manager works with medical, business and community groups to discuss service issues and the needs of the community. A hospice manager is also tasked with developing and executing policies and procedures for hospice units.
These are only a few options as the applicability of this Program has enormous scope across the varied areas and disciplines in the Healthcare Industry.