Healthcare Management Degree: Healthcare management is an important and fast-growing field that can help you build a career in health care. From hospitals to clinics and even insurance companies, there are many different options for education and experience in healthcare management. This guide walks you through everything you need to know about healthcare management degrees including what they cover, how long it takes to get one, costs of getting a degree vs going without one, earnings potential, job outlooks and more!
What is Healthcare Management?
Healthcare management is the management of a healthcare organization. Healthcare management encompasses a variety of positions and responsibilities, including:
- Chief executive officer (CEO): A CEO oversees the overall operations of an organization and manages its budget. They are responsible for setting goals, creating strategies and plans to achieve those goals, developing teams to carry out these functions, and monitoring progress against them. The CEO will usually be the highest paid person in a healthcare organization because they direct all aspects of its operation.
- Chief financial officer (CFO): The CFO is responsible for managing finances such as budgets, accounting practices, and other financial matters related to an organization’s operations. The CFO often reports directly to the CEO but may report more broadly as part of an executive team including other senior executives such as a chief human resources officer or chief operating officer (COO).
Why do I need a degree to work in healthcare management?
It’s a sign of commitment.
- A degree shows that you are serious about your career and have the knowledge and skills to do the job.
- If you don’t have a college degree, it’s harder to get hired for more senior positions. That means you might be stuck in an entry-level position for longer than someone with a degree.
- Degrees also come with higher salaries and better benefits, so if you want better pay and benefits, then getting a degree is key!
How long will a degree in healthcare management take me?
The amount of time it takes to complete your degree depends on a few factors. The most important are your schedule and how much time you can commit to your studies. If you work full-time, have children or other family commitments, or have other obligations and responsibilities, then it may take longer than someone who is single with no kids. For example:
- If you are able to dedicate 5-8 hours per week at home studying, then it could take 3 years to complete a bachelor’s degree in healthcare management.
- If you can dedicate 10 – 15 hours per week at home studying, then it could take 2 years for an associate’s degree in healthcare management (and 1 year for some bachelor’s degrees).
If all goes well during the program and there is no problem with getting into classes already scheduled out ahead of time (which sometimes happens), then they can often finish up faster than expected!
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Do I have to go to campus classes or can I get my healthcare management degree online?
Online education is a great way to learn, and it has many advantages. If you’re interested in earning your healthcare management degree online, here are some of the benefits:
- Online education can be more cost-effective than traditional classroom learning. It’s no secret that going to college can be expensive, but with an online degree program, there’s no need for textbooks or other materials that often lead to extra costs post-graduation. You’ll also save on transportation costs if you live far from campus—or if you don’t want to commute every day!
- Online courses are flexible. You can access them whenever it works best for your busy schedule and wherever is most convenient for you!
- Online learning gives students more time with their families and friends while also allowing them more freedom in choosing how they spend their time outside of class (or while they’re at work).
If this sounds like something that might interest you, get started on your search today!
How much can I earn with a healthcare management degree?
The average salary for healthcare managers is $92,390 per year, according to the Bureau of Labor Statistics. Healthcare managers in different industries can earn anywhere from $24,000 to almost $200,000 per year. If you’re thinking you want to be a nurse manager or doctor assistant manager, those positions pay an average annual salary of about $57,000 and $49,400 respectively.
The highest paying industry for healthcare managers is finance ($112k), followed by information technology ($107k). The lowest paying industry is legal services at just under $77k annually on average. Healthcare managers in New York City earn an annual median wage of $92k; while those in Dallas make only slightly less at around 87k per year.
What jobs will a degree in healthcare management qualify me for?
A degree in healthcare management qualifies you for a variety of jobs. Some common careers:
- Healthcare administration
- Healthcare management consulting
- Healthcare financial consulting
- Healthcare information technology (IT), including health records and electronic medical records (EMRs) management, website development, etc.
- Teaching healthcare related subjects at the university level or community college level. This can include anything from nursing to physical therapy to pharmacology/pharmacy sciences.
- Researching new approaches and methods for improving patient care and safety within hospitals or clinics.
A degree in healthcare management can help you build a strong career.
When you earn your degree in healthcare management, you will find that you are well-prepared to work in a variety of roles and settings. Healthcare associates work with patients, physicians and other healthcare professionals to deliver quality care.
Associates may also specialize their skills in areas such as:
- Patient care
- Quality assurance
Universities offering Healthcare Management Degree
University of Texas at Tyler, TX
The University of Texas at Tyler is a public, four-year university located in Tyler, Texas. The university was established in 1891 as the East Texas Normal College and changed its name to East Texas State Teachers College in 1957. In 1967, it became part of the then newly created University of North Texas system and took on its current name.
The school offers a Bachelor’s Degree as well as Master’s Degrees in various areas including Business Administration and Nursing Education.
University of Southern Indiana, Evansville, IN
University of Southern Indiana is a public university located in Evansville, IN. Originally founded in 1965 as the University of Evansville, the school changed its name to what it is known as today in 2003. It has a total undergraduate enrollment of 4,853 and a total graduate enrollment of 1,329.
The University offers bachelor’s degrees through 11 colleges: Business Administration & Management; Education & Human Services; Engineering Technology & Computer Science; Health Professions; Liberal Arts & Sciences; Nursing and Health Sciences; Physical Education & Recreation Services; Social Work/Human Services Counseling Program (offered through School for Professional Studies); Trades & Industry Technologies/Manufacturing Technology Program (offered through School for Professional Studies); Visual Arts Program (offered through School for Professional Studies). The campus also offers master’s degree programs in business administration with specializations such as accounting, finance or management information systems (MIS) with concentrations available in MIS or business analytics technology.
Texas Tech University Health Sciences Center, Lubbock, TX
Texas Tech University Health Sciences Center, Lubbock, TX
- Accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
- Offers a BS in Business Administration with an emphasis in Healthcare Management. The program prepares students to develop and implement health services management strategies that support medical treatment as well as procedural, diagnostic and preventative healthcare interventions. Students learn how to lead teams in designing effective strategies for managing healthcare systems today through tomorrow. The curriculum includes courses such as Healthcare Marketing; Health Data Analytics; Operations Research; Human Resource Management; Healthcare Financial Management; Managing Healthcare Services Organizations: Strategies for Successful Leadership and more.
- Offers a BS in Health Care Information Management that provides professionals with an understanding of key issues affecting the adoption of information systems into organizations within the health care industry—including both public institutions (e.g., hospitals) and private sector facilities (e.g., outpatient clinics). This program focuses on providing knowledge about best practices from both within these sectors while also addressing challenges associated with implementing such technologies within their respective operational environments
Emory University, Atlanta, GA
Emory University is a private research university in metropolitan Atlanta, located in the Druid Hills section of unincorporated DeKalb County, Georgia, United States.
The university was founded as Emory College in 1836 in Oxford, Georgia by the Methodist Episcopal Church and has been named Emory University since 1914. In 1915, it relocated to metropolitan Atlanta. The university’s campus spans over 870 acres (350 ha) with 106 buildings on its main campus.
University of Pittsburgh – Johnstown, Johnstown, PA
University of Pittsburgh – Johnstown is a public university in Johnstown, Pennsylvania, United States. It is part of the University of Pittsburgh system. The university offers more than 70 undergraduate majors and minors and more than 30 graduate programs. The campus offers:
- A variety of student life activities including fraternities and sororities, honor societies and performing arts ensembles;
- Intramural sports leagues for students from all areas of campus life;
- Opportunities for involvement in over 40 student clubs/organizations.
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Xavier University , Cincinnati , OH
Xavier University , Cincinnati , OH
Xavier University is a private Catholic university founded in 1831 by the Society of Jesus. It is one of 28 member institutions of the Association of Jesuit Colleges and Universities and the only member located in Ohio. The student body comprises over 10,000 students from all 50 US states and 74 countries around the world. Xavier’s main campus sits on a 110-acre (45 ha) site that was once home to the former Archbishop John Baptist Purcell (1791-1864), who also served as president of St. Joseph’s College and St. Francis College, which merged with Xavier to form what would become known as “The Miami Valley” campus. Located within five miles (8 km) of downtown Cincinnati, Ohio, it borders East End Avenue on its north side where most academic buildings are located; Martin Luther King Jr Boulevard directly to its west side where administrative offices such as admissions and registrar are found; Woodburn Avenue on its east side where parking lots can be found (these lots may be used by those who live nearby); plus additional parking areas across both streets as well as along other streets leading into/from these areas like West McMicken Ave., West Pete Rose Way etc.
Widener University , Chester , PA
Widener University, a private, coeducational, nonprofit, nonsectarian university located in Chester, Pennsylvania. The university has been ranked among the Best Regional Universities in the North by U.S. News & World Report.
Widener offers more than 120 programs at the undergraduate level and more than 100 graduate degrees through its Colleges of Business; Education; Health and Human Services; Liberal Arts; Science and Engineering; and Social Sciences as well as its School of Law (a member of the Temple University Beasley School of Law).
Penn State Erie – Behrend College , Erie , PA
Penn State Erie – Behrend College is a public institution located in Erie, Pennsylvania. The school offers a Bachelor of Science in Health Services Administration and has been accredited by the Middle States Commission on Higher Education since 1954.
Albertus Magnus College , New Haven , CT
At Albertus Magnus College, you can earn a degree in healthcare management. The program is offered through the School of Business and Leadership Education.
The program is designed to prepare students for careers in healthcare administration, including hospitals and other health care settings. If you’re interested in studying the fundamentals of managing a business or organization within the healthcare industry, this could be an excellent choice for you!
Saint Anselm College , Manchester , NH
Saint Anselm College is a private, Catholic liberal arts college in Manchester, New Hampshire. It was founded in 1889 by the Society of Saint Anselm, a Roman Catholic religious order. The school’s motto is “The Truth Shall Make You Free.”
Saint Anselm College is ranked number two by U.S. News & World Report’s 2019 Best Regional Universities-North category and number three on Forbes’ list of America’s Top Colleges 2019. The Princeton Review also recognized it as one of their happiest colleges and was included in their book titled Colleges That Create Futures: 50 Schools That Launch Careers By Going Beyond the Classroom (2012).
Advantages of Healthcare Management Degree
A healthcare management degree is a program for students who have completed their higher secondary education, bachelors or masters. These programs are designed to give students the skills and knowledge necessary to work in a healthcare setting.
There are many different types of healthcare management degrees, ranging from associate degrees to doctorate degrees. The specific requirements for each type of degree vary depending on the institution you choose and may include:
A variety of courses in subjects such as economics, finance, accounting and business administration;
Practicum experience with local hospitals or clinics;
The completion of a thesis at some universities; and/or
Depending on your specific field of interest within health care (such as nursing), additional coursework relevant to that career path.
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It is an industry-recognized certification that allows graduates to pursue a career in the healthcare management sector.
In this section, you will learn about the certification that is given to graduates of healthcare management degree programs. In this section, you will learn about the benefits of getting a healthcare management degree.
In this section, you will learn about how to get a healthcare management degree. In this section, you will learn about how to get your certificate for healthcare management.
The course is ideal for students who want to understand the challenges faced by hospitals, clinics and other health institutions.
The healthcare management program is ideal for students who want to understand the challenges faced by hospitals, clinics, and other health institutions. Healthcare is a very broad field that involves different types of professionals such as physicians, nurses, pharmacists, dentists and others. These professionals have their own set of responsibilities which may not be aligned with each other at times. This causes conflicts within the organization which can be avoided if proper communication channels are established between these departments. The managers need to know how much money has been spent on each service provided so that they can make an informed decision about future investments in equipment or personnel
Students who enroll in a healthcare management course can expect to become eligible for lucrative job opportunities with leading hospitals and multinationals.
- The course is recognized by the healthcare industry
- Students who enroll in a healthcare management degree program can expect to become eligible for lucrative job opportunities with leading hospitals and multinationals. Students will also be able to find employment opportunities with public sector organizations as well. Since the course focuses on designing strategies for improving patient care, students will gain an excellent theoretical understanding of how healthcare is delivered from both the provider’s and patient’s perspectives. This will allow them to understand how any given change in decision making may affect patients or providers, as well as how it impacts costs (both monetary costs and other types) and outcomes (e.g., mortality rates).
Healthcare management is a demanding field that requires professionals with the right skills and qualifications.
Healthcare management is a demanding field that requires professionals with the right skills and qualifications. The healthcare industry is growing and evolving quickly, which makes it an attractive area to work in for many people. In order to be successful in this field, you will need to have a solid education and certification under your belt.
Healthcare management degrees are offered at colleges and universities around the country, but there are some key differences between them that you should consider before choosing one program over another. These include:
- Degree programs offered by accredited schools – Many schools offer online options for those who cannot attend classes on campus due to their full-time jobs or other obligations (such as caring for family members). However, not all institutions provide quality training for students based on their accreditation status; make sure yours does!
- Cost – Although most healthcare managers earn high salaries once they get started working full time in their careers, many still struggle financially while going through school because of tuition costs as well as living expenses like rent/mortgage payments (which can add up quickly), food bills each month etc…
Employers only prefer candidates with the right certifications, which can be achieved by pursuing a recognized healthcare management degree.
The healthcare industry is very competitive, and you will find yourself competing for jobs with a lot of other applicants. In order to stand out, you need to have the right qualifications and certifications. Employers only prefer candidates with the right certifications, which can be achieved by pursuing a recognized healthcare management degree.
A degree or certification is a must in this field because it demonstrates that you have obtained sufficient knowledge and skills in managing health services in different sectors including hospitals, clinics and other medical institutions.
It provides professionals with skills that are tailored to meet the needs of this industry.
As a graduate, you will be able to:
- Manage the operations of a healthcare organization. This can include budgeting, managing employees, overseeing patients and their care, ensuring proper equipment is available for use in each department and more.
- Provide leadership to your team members in order to achieve organizational goals (such as increasing patient satisfaction or improving quality of care).
- Carry out administrative duties related to patient care such as scheduling appointments or filing paperwork related to insurance claims.
A healthcare management degree will give you the knowledge and credentials you need to succeed in this growing field.
A healthcare management degree will give you the knowledge and credentials you need to succeed in this growing field. You will learn how to manage a healthcare organization, including its finances and patient population. You will also learn how to create and manage a team of healthcare professionals within the organization.
In addition, since there is so much government regulation involved with running any type of health care business, it’s important that graduates are well versed in these regulations as well as how they can affect your business decisions.
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A healthcare management degree is a great way to get started in the field, but it isn’t the only way. If you’re looking for a career in healthcare and have some experience under your belt, then there are other options as well. You can also consider going back to school part-time or full-time if your schedule allows for it. Or if you prefer working on-site instead of online classes on campus or online classes from home office computer desktops then this program might be perfect for you too!