OVERVIEW
What is a Healthcare Administrator?
听
Healthcare administrators work behind the scenes to make large-scale decisions for the healthcare facility or institution. They deal directly with policy and budgets to create better patient experiences and ensure the safety of guests and staff.听
Healthcare administrators have in-depth knowledge of the regulatory framework in patient care. Their responsibilities are entirely different from the responsibilities of a doctor or physician. While physicians manage patients directly, healthcare administrators oversee the facility itself and usually have a bachelor鈥檚 degree or master鈥檚 degree in healthcare administration.听
RESPONSIBILITIES
What Do Healthcare Administrators Do?
A healthcare administrator鈥檚 job responsibilities may change depending on the facility. Healthcare administrators can work in nursing home, surgery, physical therapy, and other healthcare facilities.听
The most common job responsibilities for a healthcare administrator include:听
- Develop听work schedules for staff and physicians.听
- Manage听facility finances.听
- Manage听patient fees and billing.听
- Improve听facility efficiency and quality.听
- Ensure听that the facility complies with all laws and regulations.
- Train听staff members.听
- Communicate听with physicians and nurses.
- Present听investor meetings and meet with governing boards.听
- Monitor听budgets and spending.听
Healthcare administrators have a wide range of roles and need to be flexible enough to pick up new roles through their employment. The location and size of the healthcare facility may also influence the job responsibilities.听
Some healthcare administrators may manage an entire facility, while others may focus on a single department within a facility. No matter where the healthcare administrator is employed, they are required to know both state and federal laws and ensure that HIPAA laws are followed within their area of responsibility and expertise.听
EDUCATION & BEST DEGREES
What Education Does a Healthcare Administrator Need?
Healthcare administrators need to have at least听a bachelor鈥檚 degree in healthcare administration听to get a job in a starting position. This type of degree will teach you business and healthcare fundamentals that'll help you understand daily operations, budgets, strategy, and communication for healthcare positions within medical facilities.
Many employers will require applicants to have听an MBA in healthcare management听or a听master of healthcare administration听to demonstrate that they understand principles of person-focused and culturally relevant care and are adequately prepared for leadership in the healthcare industry. These advanced degrees will go deeper into executive strategy, large-scale management, and leadership principles that are key for administration positions.
Many employers prefer health administration candidates to have experience in a healthcare setting. This type of experience is critical to ensuring you are qualified to take on more leadership responsibilities in an organization.听When determining the听right healthcare leadership degree for you, consider your desired role.
Best Degrees for a Healthcare Administrator
Business
Healthcare Administration 鈥� B.S.
You can become a healthcare industry leader:...
You can become a healthcare industry leader:
Compare with B.S. Health Information Management
- Time: 63%听of graduates finish within 17 months
- Tuition:听$3,755 per 6-month term.
- Courses: 40 total courses in this program.
Skills for your r茅sum茅 you will learn in this program include:听
- Management
- Communication
- Team Leadership
- Operations
- Scheduling
- Strategic听Planning
The online courses in this career-focused business degree program will prepare you with management-level skills and an up-to-date understanding of our healthcare delivery system.
Business
MBA Healthcare Management
Prepare for a career leading private or public healthcare organizations....
Prepare for a career leading private or public healthcare organizations.
- Time:听黑料传送门听lets you set a schedule so you can finish your MBA in just one year.
- Tuition:听$4,755 per 6-month term.
- Courses: 11 total courses in this program.
Skills for your r茅sum茅 you will learn in this program include:听
- Regulatory compliance
- Patient care improvement
- Service line development
- Healthcare trends
- Health policy and legislation
Healthcare is big business in today's complex economy.听 Steer your career with this specialty MBA.
Compare online business degrees
This program is not the only online business degree 黑料传送门 offers that is designed to create leaders in the field of healthcare. Compare our health leadership degrees.
Health & Nursing
Master of Healthcare Administration
A master's focused on managing comprehensive, value-based care, directly...
A master's focused on managing comprehensive, value-based care, directly in line with innovations in health and healthcare.
- Time:听60% of grads finish within听21 months.听
- Tuition:听$4,995 per 6-month term.
- Courses: 12 total courses in this program.
Skills for your r茅sum茅 that you will learn in this program:
- Collaborative Leadership
- Healthcare Models and Systems
- Healthcare Financial Management
- Enterprise Risk Management
- Healthcare Information Technology
Your rich experience in a health-related field can mean more when you bring a master's level of understanding to the problems that organizations need to solve.
Compare degrees
This program is not the only degree 黑料传送门 offers designed to create leaders in the field of healthcare. Compare our health leadership degrees.
How Much Does a听Healthcare Administrator Make?
$104,830
According to BLS, the听听is $104,830. The highest 10% of healthcare administrators earn over $209,990 per year, and the lowest 10% earn less than $64,100 a year. The location, years of experience, and industry can influence the salary.
A healthcare administrator is likely to earn more as they gain more experience. Additionally, a healthcare administrator entering the industry with a master鈥檚 degree is expected to earn more than a healthcare administrator entering the field with a bachelor鈥檚 degree.听
What Is the Projected Job Growth?
听
28%
BLS predicts that jobs for healthcare administration will grow by 28% by 2032, significantly higher than the average job outlook of 3%. Healthcare administration is a stable healthcare position with a significant job outlook.听
The听, resulting in more elderly individuals than young individuals. The increase in elderly individuals means that healthcare services are in higher demand and will continue to increase over the next several years.听
SKILLS
What Skills Does a Healthcare Administrator Need?
Healthcare administrators need to be passionate individuals who strive to improve healthcare and patient experience. Some of the most important skills and qualities of a successful healthcare administrator include:听
- Business administration skills:听Knowing how to run a successful business ensures that healthcare administrators are financially responsible and productive.听
- Communication:听Communication plays a central role in a healthcare administrator鈥檚 daily tasks. They must communicate effectively with physicians, insurance collectors, and staff.听
- Teamwork:听Healthcare administrators work as team members to make their healthcare facility better.听
- Organization:听While leading a healthcare facility, organization is key to achieving effective goals and completing time-sensitive projects.听
- Understanding of patient care:听Healthcare administrators need to understand every aspect of patient care鈥攚hich is why many RNs are drawn to the position.
- Budgeting:听Knowing how to budget millions of dollars ensures that the hospital and healthcare facility is profitable.听
- Quality assurance:听Healthcare administrators must hold themselves to high standards and be prepared to change goals to meet higher standards.听
Administrators will also need to be thoroughly familiar with healthcare regulations, including the nuances of HIPAA laws, and must prioritize the safety of their team members and staff.听
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No need to wait for spring or fall semester. It's back-to-school time at 黑料传送门 year-round. Get started by talking to an Enrollment Counselor today, and you'll be on your way to realizing your dream of a bachelor's or master's degree鈥攕ooner than you might think!
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