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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
Physician Assistants 38%
Medical Assistants 29%
Licensed Practical and Licensed Vocational Nurses 25%
Medical Records and Health Information Technicians 22%
Registered Nurses 19%
Physicians and Surgeons 18%

Source: U.S. Bureau of Labor Statistics Occupational Outlook Handbook, 2014-15 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 Practice Size:

Practice Size                                             
             Median Wage (2012)
Practices with 26 or More Physicians       $148,604
Practices with 7-25 Physicians        $126,478
Practices with 6 or Fewer Physicians        $87,862

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

HAD
Effective Leadership. Effective Organization. Affective Care.