Healthcare is the fastest growing industry in America. The demand for specialized leaders who can use an operational perspective to strategically assess and solve its unique challenges through a business lens is at an all-time high. Designed for healthcare professionals who want to advance in a business context to improve the health of organizations and their patients, the online Master of Heath Administration program prepares and positions you to advance into high-level administration careers within the industry.
The Education Advisory Board rated hospital administrator #5 in its 100 best jobs in America list. Read on to find out why.
Annual Salary and Career Settings
In 2015, the median annual salary for health service managers was $94,500, with the top 10 percent earning more than $165,380,1 and experts predict 9.8 million new healthcare jobs by 2024.2 This tremendous job growth will require the expansion of personnel across all areas of healthcare, and impact both small medical facilities as well as enterprise healthcare organizations. Careers for those who hold a master’s in health administration will continue to grow.
Healthcare leadership isn’t isolated to an enterprise or hospital setting. The rise of outpatient clinics has catapulted the need for credentialed leaders well versed in business operations that also possess a strong administrative skillset. A recent study by the Medical Group Management Association found that health administrators working in practices with 7 to 25 physicians made an annual median compensation of $126,478.
Outside of hospitals and outpatient clinics, lucrative careers with a masters in healthcare administration can be found in residential care facilities, consulting firms and research institutes, as well as in post-acute, ambulatory and managed care facilities.
Sample Job Titles
Since Queens University of Charlotte’s online MHA program provides you with the critical thinking and business skills needed to grow, run and lead a business, you can graduate poised to assume a variety of leadership and managerial roles within the healthcare system.
Careers with a healthcare administration degree vary, however, it is a key credential that can qualify you for a variety of job roles within the healthcare industry, many of which are higher-level positions such as:
- VP of Administration
- Chief Executive Officer (CEO)
- Chief Operating Officer (COO)
- Chief Nurse Executive
- Group Practice Administration
- VP/Director of Marketing and Planning
- Chief Medical Information Officer
- Chief Nurse Executive
- VP Healthcare Services
- Director of Practice Management
- Executive Director
- Urgent Care Manager
- Health Information Manager
Advance Your Healthcare Career
Queens University of Charlotte’s online Master of Health Administration program builds on the day-to-day skillset you have acquired throughout your career and infuses it with the leadership and managerial competencies required to advance within the industry. You’ll learn to move beyond a support role and approach organizational challenges with an administrative perspective. Your work can have a significant impact on quality of care and the health of communities.
Get More Information
To learn more about healthcare administration careers and how Queens University of Charlotte’s online MHA can position you for continued success in a flourishing industry, complete the request information form or call a program manager toll free at 866-313-2356.
1Bureau of Labor Statistics, Employment Projections: 2014-2024, available at http://www.bls.gov/news.release/ecopro.nr0.htm
2Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2016-17 Edition, Medical and Health Services Managers, http://www.bls.gov/ooh/management/medical-and-health-services-managers.htm (visited September 22, 2016).