#mba healthcare management
This is an exciting time for healthcare management. Healthcare is changing more rapidly than almost any other field. The field is changing in terms of how and where care is delivered, who is providing those services, and how that care is financed. Healthcare management requires talented people to manage the changes taking place. In their roles, healthcare executives have an opportunity to make a significant contribution to improving the health of the communities their organizations serve.
With growing diversity in the healthcare system, executives are needed in many settings, including:
- Consulting firms
- Health insurance organizations
- Healthcare associations
- Nursing homes
- Physician practices
- Mental health organizations
- Public health departments
- Rehabilitation centers
- Skilled nursing facilities
- Universities and research institutions
Today, an estimated 100,000 people occupy health management positions at numerous organizational levels, from department head to chief executive officer. Requirements for senior-level positions in healthcare organizations are demanding, but these jobs also offer opportunities to improve the system of care giving.
If you choose a career in healthcare management, your first job might be an entry- to mid-level management position in a specialized area, such as:
- Government relations
- Human resources
- Information systems
- Marketing and public affairs
- Material management (purchasing of equipment and supplies)
- Medical staff relations
- Nursing administration
- Patient care services
- Planning and development
Growth and Salaries
Healthcare management is a huge, complex, and ever-changing field. In fact, healthcare services will increase 30 percent from 1996-2006 and will account for 3.1 million new jobs, the largest increase of any industry.
Hospital Executive Salary Information: 2014
The compensation data comes from Sullivan, Cotter and Associates, Inc.’s 2014 Manager and Executive Compensation in Hospitals and Health Systems Survey Report. The Survey:
- Includes data from over 1,500 health care organizations across the United States on over 250 system-level jobs and over 200 hospital-level jobs.
- Provides information on a variety of compensation practices, including compensation strategies, incentive program design, nonqualified deferred compensation plans, severance arrangements, perquisites and other executive benefits.
Healthcare System and Hospital Executive Pay
Health Systems: Median annual base salary and total cash compensation
(All figures in thousands of dollars. )