Healthcare Management (HCM) is the field related to leadership, management and administration of public health systems, healthcare systems, hospitals and hospital networks. Healthcare managers are considered healthcare professionals and it is an exciting time for those who aspire toward careers in Healthcare Management in hospitals and Healthcare systems.
What are Some of the Jobs in a Hospital Setting for a Healthcare Manager?
According to the Bureau of Labor and Statistics, 100,000 people, more than thirty nine percent of all medical and health service managers were employed in state, local and private hospitals. This is the largest area of employment for HCM and these professionals are employed at numerous organizational levels, from department head to chief executive officer. There are many areas of employment opportunities in hospitals including Human Resources, Nursing Administrator, Patient care services, and Information Systems. Hospital administrators serve as the central points of control within hospitals or health systems. These individuals may be previous or current health professional (such as a physician, psychologist, nurse) or individuals with other backgrounds. There are two types of administrators:
- Employee responsible for managing or helping to manage an entire facility
- Employees responsible for the efficient operations of specific departments such as policy analysis, finance, accounting, budgeting, human resources, or marketing.
What are Some of the Responsibilities for Those Healthcare Managers Working in Hospitals?
Healthcare Managers, also known as Health Services Managers, direct the operations of hospitals with responsibilities for facilities, services, programs, staff, budgets, relationships with other organizations and other management functions. Unlike a clinician, Healthcare Administrators or Managers do not deal directly with patients, instead their responsibilities include shaping policy, making needed changes and lead our nation’s health-related organizations in a way that serves individual patients by helping to improve the healthcare system. Most health administrators work long hours.
What are the Requirements for Education to Become a Healthcare Manager in a Hospital?
Most Hospitals require administrators hold at least a Bachelor’s level degree and a Master’s or Doctorate degree will be necessary at larger facilities or for executive positions in administration. Those individuals holding higher level degrees will hold the greatest level of responsibility while also earning the highest salaries.
What is the Salary Range and Job Growth Predication for Healthcare Managers in a Hospital Setting?
According to The US Bureau of Labor and Statistics, the national average for Medical and Healthcare Managers in May of 2013 was $101,340. Depending on the specific area of employment, HCM professionals can earn up to $155,000 annually. Growth in employment for Healthcare Managers is expected to exceed twenty three percent from 2012 to 2022. This is much faster than the averages anticipated for other occupations. Partly due to the increase in lifespan, as well as Americans remaining active later in life, the healthcare industry as a whole will see an increase in the demand for medical services resulting in an increase in numbers of physicians, patients, procedures and number of facilities. Qualified Healthcare managers will be needed to organize and manage medical information and staff in this rapidly expanding healthcare industry.
Requirements for senior-level administrators in hospitals are demanding, however these jobs also offer opportunities to improve the system of care giving. Career opportunities within hospitals and Healthcare systems for those professionals with Healthcare management degrees will be rewarding, fast-paced and expansive.