What Can I do with a Master’s Degree in Healthcare Administration?
Successful individuals in the healthcare industry often find it is time to take their game to the next level. This obviously involves obtaining additional education which usually translates into greater responsibility. A veteran healthcare professional can take their can-do experience transforming this into a can teach or can manage position. Doing so, an experienced professional can benefit others from their knowledge of the job.
Plenty of Opportunity
There are plenty of management oriented careers available in the healthcare industry. These include areas such as financial, legal, human resource, teaching, facilities and equipment management, technology research, public relations, and institution operations. This amount of variety, which, on the surface looks like a good thing, can sometimes present the student of healthcare management a good deal of confusion and concern. The variety of choice might prove to be a little overwhelming. Subsequently, it is a good idea that any professional contemplating gaining a master’s degree examine all the career opportunities available. Get the answer to the question, “What can I do with a Masters degree in Healthcare administration?”
Four Areas to Consider
According to the Association of University Programs in Health Administration, there are basically four areas where a person with the masses agree can find great career opportunity. These include: healthcare providers, suppliers, insurance companies and other organizations, and policymaking organizations as well.
Healthcare Providers Top the List
Professionals with Master’s degrees in healthcare ministration find a greater amount of opportunity exists working for healthcare providers. But hospitals remain the number one employer where 30 percent of the industry’s management personnel are employed US Bureau of Labor Statistics. Although a major employer, there are other places hiring healthcare professionals with Masters degrees. These include: group practices, clinics, assisted living care facilities (nursing homes), home healthcare providers, and outpatient care facilities. Additionally there are plenty of opportunities in healthcare administration at mental care facilities and rehabilitation centers.
Support and suppliers
Direct care facilities depend upon a myriad of different organizations and businesses providing the necessary supplies and services, training and development, as well as consulting. Many graduates of the healthcare administration program to pursue careers here. Please include: healthcare management businesses, consulting companies, businesses that develop and manufacture supplies and equipment, pharmaceutical businesses, as well as scientific research facilities.
Broader Career Opportunities
Insurance companies offer broad access to career possibilities for people possessing a Master’s degree in healthcare administration. Many once on-the-actual-job professionals develop skills through management training that open up opportunities to become analyzers, quality control supervisors, strategic planners, client managers and more that work in the ever increasing area of insurance providers.
Policy and Planning
There are considerable amount of opportunities in both the private sector and government for graduates to pursue careers in a variety of capacities. Some government areas include careers with the sensors for disease control at either the federal or state level or with many nonprofits dedicated to healthcare issues. Insurance companies also offer a variety of opportunities for qualified healthcare administration graduates.
An investment toward a master’s degree in healthcare administration opens up an entirely new universe of career possibilities to fulfill both your personal and financial needs.