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Career Development Denise Alexander, BS, MA
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The healthcare system as we know it is facing a pivotal change, and with it comes new leadership and growth opportunities for healthcare managers. Hospitals and other healthcare facilities are focused on containing costs and integrating technology to deliver high-quality, yet efficient care, and are relying on managers to drive these changes.
According to the Bureau of Labor Statistics, the need for healthcare managers has increased, with job growth estimated at 17 percent in the next decade. Most healthcare managers work in hospitals or medical facilities, planning and directing health services for a department or group of physicians.
Healthcare managers must help their organizations adapt to changes in healthcare policy and new technology. Here are a few ways in which healthcare managers are planning for the future of the industry:
Healthcare managers are responsible for planning and overseeing health services for a medical facility. Roles can fall into leadership or managed care, with an emphasis on the business side of healthcare. Learn more about how to become a healthcare manager.
There are many potential paths to a career in healthcare management. It’s a deep and growing field, and there are job opportunities across the spectrum for applicants with diverse educational qualifications. Potential job titles include:
...among many others.
How much you can make depends on the specific roles and responsibilities within the medical facility, your education, prior experience and state where you work. According the 2018 data from the Bureau of Labor Statistics the average salary for healthcare managers was $113,730 per year ($54.68 per hour) across the United States. Discover the average healthcare management salary in your state.
As the healthcare industry transforms, so must the leaders within the field. Healthcare managers need to be focused on the future, looking to see trends and upcoming changes within the healthcare system.
BLS pay estimates calculate the median annual wage for various occupations. Per the BLS the median wage for an occupation is: "The wage at which half of the workers in the occupation earned more than that amount, and half earned less. Median wage data are from the BLS Occupational Employment and Wage Statistics survey." Bureau of Labor Statistics (BLS), U.S. Department of Labor, Occupational Outlook Handbook 2024. BLS median wage estimates do not represent entry-level wages and/or salaries. Multiple factors, including prior experience, age, geographic market in which you want to work, and degree level and field, will affect career outcomes, including starting salary and earnings as an experienced employee. Herzing neither represents that its graduates will earn the median salaries calculated by BLS for a particular job nor guarantees that graduation from its program will result in a job, promotion, particular wage or salary, or other career growth.
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