Top 7 career opportunities after an health management degree (2024)

Top 7 career opportunities after an health management degree (1)
  • Student Corner

12 November 2019

Thanks to the continuous development and technological transformations within the healthcare industry, professionals within the field now have a diverse range of career options to consider. With an increased focus on large-scale public health projects, there has been a push for bringing healthcare procedures out of hospitals to reach more localised healthcare facilities. This, in turn, has created more demand for qualified healthcare professionals who are trained to perform these procedures.

Read this blog if you want to pursue a master’s degree in health managementand are interested in the future scope in the field. It discusses the importance of healthcare management and future opportunities within the sector as well as listing seven roles you could pursue after gaining a health management degree.

Why is healthcare management important?

Behind every hospital or medical practice are healthcare managers who keep everything running smoothly. Healthcare managers are responsible for overseeing areas such as quality of care and budgeting in hospitals and nursing homes. Since these institutions provide healthcare to a large number of people, the work done by healthcare managers have a direct impact on the quality of care received by the patients.

Healthcare managers help the system to work more efficiently which, in turn, helps patient care. Healthcare administrators have been pioneers in advocating positive and progressive healthcare policy changes. Over the years, they have sought to provide healthcare coverage for the poor, implement wide-ranging preventive care to at-risk populations, and brought about other changes to improve healthcare delivery to broader segments of the community and the population at large.

Future scope of a healthcare management degree:

While the job market fluctuates in other industries as per the climate at that time, the healthcare market continues to expand at a rapid pace. According to the Bureau of Labour Statistics(BLS), the average rate of growth for all professionals throughout the United States is 11 per cent, with some healthcare jobs predicted to rise 30 to 40 per cent over the next few years.

The field of healthcare management requires talented individuals who can assist in introducing and managing the ever-changing developments that are taking place within the healthcare industry. As a healthcare professional, you can make a substantial contribution to improving the health of the residents in the communities you serve.

If youopt for a career in healthcare management, you are likely to start your professional journey in an entry- or mid-level management position. This position may concentrate on a specific area, such as:• Government relations• Finance• Human resources• Nursing administration• Medical staff relations• Patient care services

Career options in the healthcare management field:

Here areseven international healthcare management jobsthat you could obtain with a healthcare management degree.

1. Health administrator:

Individuals who begin theirhealth administration careerwith an associate’s degree frequently find employment as traditional administrators. These administrators order supplies and organize schedules. They also navigate medical software to bill patients, access patient records and perform other management functions.

2. Assistant health manager/administrator:

An experienced administrator may be given the responsibility of overseeing a facility’s employees, finances and procedures. From here, health administrators can progress to obtain higher-paying positions. Their responsibilities will include:

• Balancing each department’s budget•Managing group practices with numerous locations•Reviewing projects

It is also possible to find an assistant manager position within a non-profit group, a local health agency, as well as with a state or national health agency.

Scientific advancement and technological developments have helped the field of clinical research continue to grow. The complexity of clinical research requires coordination of researchers, study participants, physicians and pharmaceutical executives.

3. Clinical research manager:

Clinical research managers are also responsible for monitoring the government aid received for clinical trials and pointing out any discrepancies. Individuals who choose to pursue a degree in health service administration and become clinical research managers must therefore also be proficient with financial management and budget planning.

4. Social media directors

Social media campaigns and public relations are a fundamental aspect of the healthcare business. To become a social media director, PR specialist or health facility marketing manager, health administration students are required to have studied health marketing or health communications in addition to obtaining a healthcare management degree.

5. Nursing home administrators:

Becoming an administrator in a nursing home can help prepare you for the administrative aspect of your career, as well as offer you an insight into the special requirements of patients in need. These people oversee the entire facility, while specialists focus on the administration of specific departments such as marketing, finance or policy analysis.

6. Clinical manager:

A professional that has knowledge relating to a specific clinical area is referred to as a clinical leader or clinical manager. Examples of specific clinical areas include neonatal care and radiology. Once you earn your degree, you can be hired as a clinical manager for clinical trials in any pharmaceutical company.

7.Health information managers:

Health information managers are responsible for maintaining and securing patients’ electronic medical records. These managers may also supervise a team of medical coding employees or work with IT professionals to ensure that all the records are legally compliant, accurate and easily accessible.

If you looking to kick-start a career in this field, you should opt for an M.Sc. in International Health Managementfrom the Berlin School of Business Innovation (BSBI). This industry-relevant degree is delivered at BSBI’s campus in the heart of Berlin. The course covers the essential concepts of health management, such as leadership and decision making, health strategy, operations management and health economics. To know more about the course, click here.

MSc in International Health Management

Interested in reading more about healthcare management? Explore more blogs below:

  • 5 Major Challenges Faced by the Healthcare Industry
  • How data can help boost the healthcare sector

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Top 7 career opportunities after an health management degree (2024)

FAQs

Which is a career opportunity for health information management? ›

A degree in health information management prepares graduates for jobs as a medical records technician, consultant, patient information coordinator, healthcare manager, and more.

Why is healthcare management a good career? ›

1. Positive Job Outlook. Healthcare is a growing field. The U.S. Bureau of Labor Statistics (BLS) estimates job growth for medical and health services managers to increase by 28% from 2021 through 2031, much faster than average for all professions.

What degree is best for healthcare management? ›

Some of the most common graduate degrees for health care management include:
  • Master's in Health Care Management.
  • Master's in Health Care Administration (MHA)
  • Master's in Public Health.
  • Master's of Business Administration (MBA)
Nov 29, 2023

What is the job outlook for healthcare management? ›

Job Outlook

Employment of medical and health services managers is projected to grow 28 percent from 2022 to 2032, much faster than the average for all occupations. About 54,700 openings for medical and health services managers are projected each year, on average, over the decade.

What is the highest paying job in health information management? ›

What are Top 5 Best Paying Related Health Information Management Jobs in the U.S.
Job TitleAnnual SalaryMonthly Pay
Big Yam$106,886$8,907
Record Information Management$103,920$8,660
Information Management Specialist$102,215$8,517
Health Information Management Specialist$90,499$7,541
1 more row

Is healthcare management a good career path? ›

Those working in a hospital setting tend to command the highest salaries [1]. The demand for health care management professionals is much higher than average, with employment projected to grow by 28 percent between 2021 and 2031, and 136,200 openings expected per year [2].

Is a Masters in healthcare management worth it? ›

Increase Short- and Long-Term Earning Potential

The median annual wage for these professionals is $99,730, with the top 10% of medical and health services managers earning more than $182,600. A master's degree is key to reaching the executive-level positions that occupy top salary ranges.

Are healthcare managers in high demand? ›

Salary and Job Outlook

What's even more impressive is the projected demand. With an expected growth of 28% through 2031, it's evident that the role of the healthcare manager is not just in demand now — but will continue to be for the foreseeable future.

Which job is best for hospital management? ›

What are the career opportunities in Hospital Management?
  • Health Manager.
  • Mental Health Program Manager.
  • Nurse Manager.
  • Nursing Director.
  • Office Manager.
  • Practice Administrator.
  • Program Manager.
  • Clinical Director.

Is healthcare management degree hard? ›

Earning your degree in healthcare administration really isn't any more difficult than any other potential field of study. Just like any other program, you'll run into some elements of healthcare administration that are complex, but you may also find some of it to be relatively intuitive, or even easy.

Why is a college degree important for healthcare management? ›

Education Overview

While a clinical background may be helpful in the management of a healthcare facility, a healthcare management degree provides knowledge related to the organizational and financial aspects of healthcare, which is critical for managers addressing the business-related challenges of the industry.

Which is better healthcare management or administration? ›

So which is better, healthcare management or administration? It depends on your interests, skills, and career goals. For instance, if you've ever considered earning an MBA or dreamed about becoming an entrepreneur, your interest in business may find the perfect outlet in a healthcare management role.

What is the #1 best healthcare job? ›

Read more about the methodology here. Notably, nurse practitioners came out on top — not only as the best job in the healthcare industry, but as the No.

What is the highest job in healthcare? ›

According to the BKS, physicians and surgeons have the highest-paying medical jobs, with a median annual salary of $229,300. Within this category, cardiologists earn an average annual salary of $421,330.

What is the most in demand healthcare job? ›

Nurse Practitioner

Nurse practitioners are at the top of the best healthcare careers list. Nurse practitioners (NPs) are ranked by U.S. News as the #1 Best Job of 2024. Jobs for nurse practitioners are expected to increase by a whopping 45 percent between 2022 and 2032.

What is the field of health information management? ›

Health information management (HIM) is the practice of acquiring, analyzing, and protecting digital and traditional medical information vital to providing quality patient care.

What is the career path of a health information specialist? ›

Health Information Specialist career paths

A health information specialist can pursue a variety of career paths. They can work as a certified nursing assistant, team leader, assistant manager, or branch manager. They can also work as a medical coder, office manager, or business office manager.

What are some of the careers listed as health informatics? ›

Top Career Paths in Health Informatics
  • Health Information Systems Manager. ...
  • Health Informatics Consultant. ...
  • Health Informatics Specialist. ...
  • Informatics Nurse Specialist. ...
  • Clinical Informatics Analyst. ...
  • Health Care Project Manager. ...
  • Director of Informatics. ...
  • Chief Medical Information Officer.

Is health information a good career? ›

Absolutely. Health Information Technology is in high demand across the healthcare industry. As healthcare organizations strive to improve patient outcomes, streamline operations, and comply with regulatory requirements, the need for skilled HIT professionals continues to grow.

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