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Master of Science in Health Administration Career Outlook
In the years ahead, few market segments in the world are expected to create more jobs – and require more new leaders – than the health care industry. The U.S. Bureau of Labor statistics expects that from 2014-2024, more than 56,000 new health services executives will be needed to lead the hundreds of thousands of additional nurses, administrators, doctors and staffers hired to fill the future health care career opportunities in America*.
The online Master of Science in Health Administration from Saint Joseph’s University is designed to give this new generation of leaders the practical knowledge and skills required to guide health care organizations through the rapidly growing and evolving business landscape.The health administration career outlook is a positive one. This chart shows the expected rate of job growth for health care administrators and the exponential employment growth among the positions administrators will oversee:
Employment Growth by Health Care Job Category – 2014–2024
|Job Category||Percentage Growth|
|Licensed Practical and Licensed Vocational Nurses||16%|
|Medical Records and Health Information Technicians||15%|
|Physicians and Surgeons||14%|
Source: U.S. Bureau of Labor Statistics Occupational Outlook Handbook, 2015 Edition
What Does a Health Administrator Do?
Below is a basic breakdown of the duties a health care manager and administrator can reasonably expect to be held responsible for in the field:
Clerical Duties: Depending on the size of the facility in which one is employed, the administrative tasks a health administrator can range from answering phones, filing patient records, issuing and paying bills, and processing insurance claims to taking ownership of one of these tasks (in the case of a larger facility).
Management Duties: The management duties of health administrators include hiring, training, and monitoring subordinate clerks and secretaries in addition to assigning schedules and tasks, developing goals and strategies for reaching those goals, and consulting with department heads and medical staff on their administrative needs.
In addition to this, health administrators can reasonably expect to handle the finances of their respective facility which includes the creating of budgets, the calculating and issuing of patient bills, and negotiating insurance claims.
Source: U.S. Bureau of Labor Statistics Occupational Outlook Handbook, 2014-15 Edition
Click here for 10 ways to move up the corporate hospital ladder.
To learn more about career opportunities for Master of Science in Health Administration graduates from Saint Joseph’s University, call (866) 758-7670 to speak with an admissions representative or request more information.
* Source: U.S. Bureau of Labor Statistics Occupational Outlook Handbook, 2014-15 Edition