With the increased burden on the healthcare system, the career prospects in this sector are becoming bright and diverse.
Healthcare service providers are no more limited to traditional roles that directly deal with patients. But nowadays, many medical experts are transitioning towards administrative and leadership positions to improve the quality of the patient care system and service delivery.
According to the statistics, professions in the healthcare administration have a growth potential of 18% by 2028, which is comparatively higher than other occupations.
Healthcare administration holds a promising future for professionals due to the threat of rising health challenges.
While deciding to pursue a career in healthcare administration, students must consider several factors such as areas of interest, skills sets, personality traits, strengths, weaknesses, and required qualifications.
With the right choice of a professional degree, students can become successful in availing themselves of lucrative job opportunities.
The job opportunities in health administration greatly vary depending on the evolving needs of the healthcare facilities and patients.
For instance, after getting an education in healthcare administration, students can work in various areas ranging from healthcare organizations to community service centers to mental rehabilitation centers.
For recruitment of human resource managers, health insurance specialists, training and development managers, and administrative services managers, a health administration degree can help candidates stand among the crowd.
However, several students do not know what is a MHA degree and why is it important? To simplify the answer, a master’s in health administration degree is the pathway to success with remarkable growth potential even in economic crises.
With that said, here are the ten most in-demand career choices in health administration for you to consider.
1. Director of Managed Care
Average Annual Salary: $144,918
A director of managed care is a mediator between healthcare administration and managed care staff. This designation is responsible for coordinating among different departments, handling negotiations, and documenting contracts.
In addition, performance monitoring of healthcare facilities and evaluation of financial assets are also their duties in various healthcare setups, including hospitals, nursing homes, and rehabilitation centers.
2. Nursing Home Administrator
Average Annual Salary: $121,520
A nursing home administrator oversees the residents and staff of a nursing home. The primary responsibilities of this administrator are to ensure high-quality services for the residents and see to it that their organization complies with the local, federal, and state regulations.
Additional duties include budgeting, implementing management systems, contract negotiations, and monitoring different departments through their supervisors.
3. Diagnostics and Laboratory Manager
Average Annual Salary: $109,822
A diagnostic and lab manager develops, implements, monitors key quality and performance indicators, and schedules audits.
Additional duties include ensuring inventory management, the safety of staff, and disposal of biowaste compliance with the World Health Organization standards.
4. Health Information Manager
Average Annual Salary: $92,891
A health information manager manages patients’ electronic data with the help of databases. The duties of a health information manager include making sure that patients’ data is uniform across all the platforms and is secure with privacy.
The role of such a manager is an integral component of modern healthcare facilities due to the increased dependency on technology.
A health information manager implements modern and upgraded systems to ease the process of accurate data collection and documentation.
Furthermore, his duties include preparing and evaluating clinical data for research and devising new strategies to improve the system operations. In addition, compliance with state and federal laws for privacy and security also comes under their jurisdiction.
5. Pharmaceutical Project Manager
Average Annual Salary: $81,148
A Pharmaceutical project manager is responsible for overseeing the development of new drugs starting from research. The duties of a project manager include handling the budget, managing the timelines, and meeting the expectations during the drug development and testing process.
Managers must have strong leadership skills to supervise the production of drugs as they involve complicated and demanding methods.
6. Clinical Manager
Average Annual Salary: $74,114
A clinical manager is responsible for running the daily operations of the healthcare facility smoothly while supervising the clinical, administrative, and other relevant staff.
Other duties include recruitment, appraisal, and development of staff, monitoring of budget, and finalizing purchases.
This professional at the senior level plays a crucial role in formulating healthcare policies. Clinical managers are not limited to hospitals and can work in outpatient facilities and long-term care medical setups.
7. Medical Practice Manager
Average Annual Salary: $63,937
A medical practice manager is responsible for staff coordination and duty roster design, encouraging social responsibility and governance.
A medical practice manager works in various healthcare settings, including large medical organizations or clinical facilities.
8. Hospital Administrator
Average Annual Salary: $57,174
A hospital administrator oversees all the aspects of the medical facility, from finances to staffing to equipment.
The duties of the hospital administrator are managing the overall operations of the hospital. This includes managing and overseeing budgets, departments, and functions.
In addition, a hospital administrator also looks into staffing and resourcing, maintenance of programming standards, and ensuring the good financial performance of the medical facility.
9. Social and Community Service Manager
Average Annual Salary: $57,746
A social and community service manager’s responsibility isn’t limited to designing creatives and making social media posts.
These managers also implement health care programs collaborating with other healthcare professionals, community organizers, and social workers in healthcare.
The duties of the social and community service manager are to uplift the lives of people by raising awareness about health issues and coordinating with community leaders and members.
10.Assistant Healthcare Administrator
Average Annual Salary: $44,126
An assistant healthcare administrator oversees the finances, workforce, and procedures of the healthcare facilities to ensure the seamless working of the healthcare setups.
The duties of an assistant include reviewing projects, handling various group practices, and controlling departmental budgets.
Health department professionals working at the federal, state, or local level use various methods to promote better health conditions and choices.
Moreover, they are responsible for raising awareness about preventing and reducing chronic health diseases.
Professionals working in public health departments are agents of social health change as they help prevent infectious diseases.
The growth of health administrator jobs varies depending on specific careers and different locations. It is always good to understand the job market dynamics in prospective areas before starting research for a job position.
When aspirants are better prepared, they can successfully grab better job opportunities with financial benefits.