Accredited Education

Future Perks in Earning a Masters of Health Administration

With an ever growing and ageing population, health care is becoming more and more central to the American economy. The Bureau of Labor Statistics expects the job prospects for Health Administrators to grow faster than average compared to other industries. The next generation of health administrators in this country will be required to have a broad set of interdisciplinary skills including management, policy, finance, and social service delivery.  Because of the wide variety of skills needed to effectively manage such complex organizations, hospitals and other health service organizations generally require a Master of Health Administration for most of their management positions.

The health care industry has generally been on an uphill track despite the grim outlook the economy has left most industries with.  The BLS has indicated that the employment of “medical and health services managers is expected to grow 16 percent from 2008 to 2018”, which is an incredible leap, especially considering the high rate of unemployment that is currently plaguing our economy.  These predictions are based on the fact that managers and health care administrators will be needed to improve the quality and efficiency of healthcare due to the fast-pace of new technological advances in health care.  Managers will need to be able to effectively oversee any changes in the administration, as well as improving the health of their own community.

Many health care administrator positions will remain concentrated within hospitals, although these prospective statistics indicate that the amount of clinics will increase in the next years because of their current use, and will therefore require even more administrators than hospitals by 2018.  Policies and services that are currently confined only to hospitals will undoubtedly shift more toward clinics as technology improves so that health administrators will be able to more effectively treat their patients as if they were currently in a hospital setting. 

Currently, the salaries remain highest for health care administrators within general hospitals, but clinics and outpatient care centers are not far behind.  With a Masters in Health Administration and experience within the next few years, it is undeniable that salaries will rise within the smaller clinics.  This will be the part of health care administration to watch in the coming years – the technological advances within health care are immeasurable and have yet to be fully implemented.  However, the one thing that will not change is the importance of having a stable administration in any medical setting.  Medical and health service managers are the people who tie the hospital or clinic together to ensure that each patient, each surgery, and each doctor/nurse are all taken care of; this is a hard responsibility for any person, but with a Masters in Health Administration, you will be better prepared to join this rising career field. 
 

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