What Can I Do with a Healthcare Management Degree?
Healthcare is one of the fastest growing industries today, due in part to an aging baby boomer population that has driven higher demand for healthcare services in recent years.
As more individuals seek care, hospitals and other healthcare organizations will have a greater need for healthcare management professionals to oversee patient and health services. In fact, the Bureau of Labor Statistics (BLS) predicts that employment for medical and health services managers will grow by 20 percent through 2026.
Learn more about what healthcare management is and what it takes to enter the field from an experienced healthcare manager.
Jobs you can get with a degree in healthcare management: potential career paths
Healthcare management is a deep and growing field, featuring many different positions with unique educational requirements. Herzing University offers three levels of education in healthcare management to offer students a personalized career path catered to their professional goals:
- Associate’s Degree in Healthcare Administration Online Program
- Bachelor’s Degree in Healthcare Management Online Program
- Master’s of Business Administration (MBA) in Healthcare Management Online Program
Every medical institution will have its own required qualifications for different types of job opportunities in management, administration or leadership.
Associate’s degree level jobs in healthcare administration
You can expect these kinds of positions to require applicants to have an associate’s degree in healthcare administration or management:
- Administrative Support Specialist
- Administrative Coordinator
- Medical Secretary
- Patient Service Representative
- Operations Assistant
Your day-to-day tasks will include working and communicating with medical personnel to facilitate the everyday options of the institution, including staffing, patient relations, inventory control and scheduling.
Bachelor’s degree level jobs in healthcare management
Most of these types of healthcare management jobs will require at least a bachelor’s degree:
- Physician Practice Manager
- Healthcare Administrator
- Quality and Improvement Manager
- Patient Finance Manager
- Health Insurance Manager
- Managed Care Representative
- Healthcare Department Manager
- Population Health Manager
Graduates with a bachelor’s degree will typically start out as administrative assistants or department leaders and work towards larger managerial roles. Applicants with a master’s degree have a better chance of entering the industry in a managerial or supervisory role.
MBA level jobs in healthcare management
Earning your master’s degree in business administration can qualify you for leadership roles in healthcare management, including C-Suite executive level positions:
- Healthcare Administrator
- Healthcare Consultant
- Healthcare Manager
- Program Director
- Chief Executive Officer (CEO)
- Chief Operations Officer (COO)
- Chief Compliance Officer (CCO)
- Development Director
Several years of experience working in the healthcare industry plus a MBA in Healthcare Management will make your resume jump out to potential employers.
Learn more about the biggest differences between healthcare management vs. administration, including a big picture review and a breakdown by education requirements and other career details.
How much you can make with a degree in healthcare management
Keep climbing the ladder and you can earn a very good salary in healthcare management. According to 2018 data from the Bureau of Labor Statistics (BLS), the average salary for healthcare managers was $113,730 per year ($54.68 per hour) across the United States.
Keep in mind this is not a typical starting salary for recent graduates of a healthcare management program. You will need to work towards this goal. Find the average healthcare management salary by state and learn more about the job outlook for healthcare managers.
Learn about our healthcare management programs.
Where do healthcare managers work?
Many healthcare managers work for hospitals or other medical practices. While healthcare managers work primarily in an office setting, some executive-level administrators may travel on occasion to oversee satellite locations.
Healthcare managers can work across a variety of different fields, including:
- Healthcare consulting
- Home health care
- Long-term care
- Program Director
- Medical or diagnostic laboratory
- Information technology
What type of degree do I need?
Many students choose to pursue a Bachelor of Science in Healthcare Management degree in order to gain the business skills required for a management role in the healthcare field. Some students may choose to enroll in a bachelor’s program after completing a certificate, diploma or associate program in a healthcare discipline, such as medical assisting.
Nakeya Hopkins did just that. After earning an associate degree in medical assisting online from Herzing University, Hopkins returned to the school to enroll in the healthcare management program.
“I currently work as a medical assistant in Toledo, OH and I plan on continuing to advance my career with my bachelor’s degree,” she said.
“Pursuing my bachelor’s degree has prepared me for my career by helping me grow as a person and by giving me the knowledge and the tools to succeed in my field,” she added. Other students may choose to pursue a MBA in Healthcare Management, which may open the door to more advanced leadership roles.
How long does it take to get a degree in healthcare management?
The time needed to complete your degree depends on the program. At Herzing University:
- Associate’s degree program (Healthcare Administration): 12-16 months
- Bachelor’s degree program: 36 months (3 years)
- MBA degree program: 12 months when full-time
How do I know if a career in healthcare management is right for me?
As a healthcare manager, you’ll learn the inner workings of the healthcare system. Your management skills will allow you to serve as a competent and capable leader, helping hospitals, small practices, insurance companies and a variety of other institutions navigate the changing healthcare environment.
If you’re interested in pursuing a leadership role within the healthcare industry, healthcare management could be the right path for you. Learn more about what a healthcare manager does and how to become one.
Healthcare managers are comfortable in leadership positions and enjoy making important decisions. They’re also excellent communicators, and able to work both independently and with a team to get the job done.
If this sounds like you, it’s time to take the next step and advance your education.