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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 by 2018, more than 45,000 new health services executives will be needed to lead the hundreds of thousands of additional nurses, administrators, doctors and staffers hired to meet future health care demands 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. 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 – 2008-2018

Job category Percentage Growth
Medical and health services managers 16%
Medical billing and posting clerks 19%
Medical records and health information technicians 20%
Registered nurses 23%
Physicians and surgeons 26%

Source: U.S. Bureau of Labor Statistics Occupational Outlook Handbook, 2010-11 Edition

Consistent with their increasing level of responsibility and accountability for the success of health care organizations, Health Administration professionals command substantial salaries, according to government statistics:

Median Annual Wage of Health Administrators by Job Setting:

Job setting                                            
             Median wage (2008)
General medical and surgical hospitals       $87,040
Outpatient care centers        $74,130
Offices of physicians        $74,060
Home health care services        $71,450
Nursing care facilities           $71,190

Source: U.S. Bureau of Labor Statistics Occupational Outlook Handbook, 2010-11 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 advisor or request more information.

* Source: U.S. Bureau of Labor Statistics Occupational Outlook Handbook, 2010-11 Edition

HAD
Effective Leadership. Effective Organization. Affective Care.