Health Care Management

The health care system is a business.  It might be hard to think of it that way, but it is.  Every doctor's office, every clinic, every hospital is a business.  They are just as suceptible to the concepts of supply and demand as any manufacturer.  In this case, physical health is the "supply," the product sold by the health care system. 

But doctors arent' experts in business, so who keeps those businesses running?  Well, just like any other business, the health care system needs managers.  In the case of a doctor's office, that legwork is done by the doctor him or herself.  Hospitals have hospital administrators, as do clinics.  They are people who specialize in keeping health car in business.

Healthcare Management is a degree designed for people who want to make a living on the business front of the medical establishment.  Students will learn how to plan, organize and direct the delivery of health care. 

In larger facilities there are more jobs, each focussed on a more focused task, in smaller facilities fewer administrators have more responsibilities.  The responsibilities can be keeping track of patient records, developing a budget for medical supplies,  attracting new patients, and evaluating the performance of the medical staff. Health care administratorsmust ensure none of the staff aren't pulling their weight and are a waste of money.  If they are, it's up to the administrator to give them the axe and find a replacement.  

A Bachelor's degree will qualify a Health care Management graduate for entry level work, but a Master's degree is currently th industry standard.

Health care management is an extremely lucrative profession.  The median annual salary is over $73,000 according to the U.S. Bureau of Labor Statistics (2006).  It is also expected to see faster than average growth; about 16% by 2016.