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November 29, 2009
Health Care Management DegreesWho takes care of the “health care” system that takes care of us? Health care management! Interestingly, health care is unlike any other industry and yet, just like other industries, it needs well qualified managers to effectively take care of its functioning. Consequently, while physicians and nurses take care of patients, health care management professionals ensure that health care organizations are running smoothly, effectively and profitably. They are well acquainted with challenges and opportunities presented by hospitals and clinics, and also bring onto the table management expertise in running health care operations. There are numerous programs in health care management offered by multiple institutions spanning Associate’s, Bachelor’s, Master’s and Doctorate degrees along side diplomas and certifications. The duration varies based on type of program. These programs are available through campus and online modes. Employers usually expect a Master’s degree in health care management. The curriculum revolves around business fundamentals, allocation of resources, assessment of risk, financing, healthcare finance, database management, healthcare strategic management and health policy. It also covers compliance of legal, regulatory and ethical requirements in health care management. Career prospects are quite bright in this industry with health care being one of the fastest growing industries. Owing to this fact, the need for effective management in health care segment is also growing rapidly creating numerous opportunities. A specialization in health care management or an MBA around this field can be a huge plus for aspiring managers looking for exciting and rewarding careers. MBA graduates were projected to earn median salaries of $71,280 in 2004. Top universities offering health care management programs are ITT Technical Institute and American InterContinental University well known for excellent academics credentials. Walden University and Kaplan University are close behind with distinctive and flexible programs for students. Westwood College completes the list offering programs that assist in launching careers desired by students.
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