What’s it Like Working in Healthcare Management?

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Even in the midst of economic decline and recession, the healthcare sector in the United States saw growth, a telling example of just how important these jobs have come to be, and a sure indication that those who obtain healthcare management degrees are being put to work in useful, meaningful ways. With a diverse array of challenges facing them every day, healthcare managers and administrators have the ability to make a difference in all of our lives, while their median salaries are well over the national average. And despite the fact that every single work day can’t be an exciting one, healthcare managers nonetheless perform crucial tasks which keep us all safe and healthy. Here is a glimpse into the working world of healthcare administrators.

Office Setting

Most administrators will work in an office setting, where, like anyone in a managerial position, they will have documents and reports to read and records (in this case, medical) to look over. Often it is also the healthcare manager’s job to identify a need for new policies and then create and implement them and assess employees’ overall performances. Creating feasible budgets is another task that falls to the manager, and most healthcare management programs – especially master’s programs – offer finance as part of the curriculum. Indeed, healthcare management is, in a lot of ways, much like business management, only in a different setting.

Long Hours and Ample Rewards

Typically, healthcare managers will work more than the regular 40 hours per week. Often, even while off-duty, they are require to be on-call and take phone calls or make appearances at all hours of the day and night, should the need arise. However, administrators are amply rewarded for their seemingly 24/7 careers, with much higher-than-average salaries – the median is in the $84,000 range – and usually exemplary benefits and bonuses.

Opportunity for Growth and Upward Mobility

Healthcare management isn’t one of those sectors where you are stuck treading water for years and years without moving forward. There are many opportunities for education advancement, like master’s degrees or specialization degrees, which can provide the perfect leverage for reaching the uppermost levels of administration, such as the CEO of a health insurance provider or president of a hospital, where both the responsibilities and the rewards increase. What’s more, with healthcare administration careers experiencing a surge in numbers, positions are available all over the country – indeed, all over the world – making relocation to an agreeable city or climate a feasible option.

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