Healthcare Administrators, also sometimes called Health Administrators or Healthcare Managers, form the backbone of functional healthcare facilities like hospitals, nursing homes, and urgent care clinics. While doctors, RNs, and medical practitioners handle the clinical needs of patients and clients, healthcare administrators oversee the entire clinic and handle the hiring and scheduling of these practitioners. Administrators also manage the operational needs of the facility including vendor contracts, supplies, and budgeting. This is a position of high responsibility and high reward, and the outlook for this role is very promising. Healthcare administrators are in high demand right now, and this demand is expected to grow substantially over the next ten years. Should you pursue a career in this field? Here are few considerations that can help you decide.
- The pay. According to the Bureau of Labor Statistics, healthcare administrators can expect to make an average of about 45,000 dollars at the entry level, and more experienced administrators can earn salaries between 50,000 and 110,000 per year. This rate varies slightly by geographic area.
- The available opportunities. Healthcare administrators can pursue management positions in both large and small facilities in both the public and private sector. As a wave of baby boomers approach retirement age, the healthcare industry is expected to expand rapidly, and a parallel trend is occurring as facilities become increasingly specialized. Where people used to face only two choices when they needed treatment—hospitals and private clinics—they can now choose between a wide range of options from urgent care clinics to physical therapy centers.
- The path. Those who choose to enter this field usually start by earning a four year degree in health administration, public policy, or business management. Some administrators then go on to obtain a Master’s degree, while others launch their careers with state or federal healthcare agencies working to shape the laws that impact public health.
- The qualities necessary for success. Healthcare administrators who tend to thrive in this field usually possess qualities like a strong work ethic, organizational skills, and high levels of emotional and social energy. They often have excellent business sense and planning skill. Many of them enjoy the personal sense of reward that comes from helping those in need, and this role provides that reward without involving the hands-on clinical side of the healthcare industry.