The state of healthcare management careers continues to be very promising according to a Bureau of Labor Statistics (BLS) study. Showing a continuous expansion with a 16% increase over the next decade, healthcare management careers are growing faster than average.
The BLS study also points out how the healthcare industry will continue to “expand and diversify, requiring managers to help ensure smooth business operations,” and emphasizes the importance of education. Individuals interested in healthcare management careers should realize the importance of earning a college degree. The majority of administrative and management positions in the healthcare management field require a minimum of an associate’s degree. However, a bachelor’s, and in some cases a master’s degree in healthcare management, is preferred.
Healthcare Management Careers Have an Impressive Salary Outlook
The BLS provides fantastic information when it comes to the annual earnings for healthcare management careers.
- Median annual earnings for medical and health services managers is $73,340.
- The highest salaries reported in this survey showed managers making more than $94,000 a year.
- The highest 10% of managers earned more than $125,000 a year.
Healthcare management careers in specialty offices also pay very well, as shown by a survey from the Professional Association of Healthcare Office Management. Check out the average compensation for office managers working in specialized healthcare practices:
| Family Practice | $60,040 |
| Pediatrics | $62,125 |
| Internal Medicine | $66,853 |
| Obstetrics and Gynecology | $67,222 |
| Ophthalmology | $67,317 |
| Gastroenterology | $70,474 |
| Dermatology | $70,599 |
| Cardiology | $76,392 |
| Orthopedics | $77,621 |
Florida Tech’s 100% Online Degree Programs Prepare Students for Healthcare Management Careers
Florida Tech is consistently ranked a “Best National University” by U.S. News & World Report and the university’s online classes utilize a state-of-the-art technology platform allowing students to study at their convenience. They can log in 24/7, from wherever they are as long as they have Internet access. Plus, if Internet is not available, students can view their lectures by CD-ROM. By earning an AA in Healthcare Management, Business Administration with a specialization in Healthcare Management or MBA with a specialization in Healthcare Management, students are opening up the door to fantastic opportunities and much more. See the chart below for a brief summary of what each degree program has to offer.
AA in Healthcare Management BA
Degree enables you to:
- Get an excellent start on earning your BA in Business Administration/Healthcare Management online
- Understand organizational structure and management of managed healthcare
- Realize structure, finance and cultural values of the U.S. healthcare system
BA in Business Administration/Healthcare Management
Degree enables you to:
- Learn decision-making processes and formats, and how to implement them in a global setting
- Understand bioethical and socioethical issues that arise in the practice of medicine
- Earn practical experience in various stages and forms when communicating in organizational solutions
MBA/Healthcare Management
Degree enables you to:
- Form a business plan that is tailored to your interests and ambitions
- Perform problem solving, while making critical decisions, in the face uncertainty.
- Gain experience by practicing with modern theories of effective leadership, management and negotiation
What better time than now to make your move and pursue one, if not all of these fantastic degrees? Find out how you can get started on your healthcare management career, now!